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Encyclopedia > OOCL

The Orient Overseas Container Line (OOCL) is a Hong Kong-based containerized shipping and logistics service company. It is a wholly owned subsidiary of Orient Overseas (International) Limited (OOIL). Thousands of shipping containers at the terminal at Port Elizabeth, New Jersey A container ship being loaded by a portainer crane in Copenhagen Harbour A container freight train in England Part of an American doublestack container train Containerization is a system of intermodal cargo transport using standard ISO containers that...


The OOCL was founded by C. Y. Tung In 1947 as the Orient Overseas Line. It changed its name into Orient Overseas Container Line in 1969, when it began the process of containerization. Tung Chao-yung (董兆榮 aka 董浩雲, pinyin: Dōng Hàoyún, born 18th of the eighth lunar month in 1912; died April 15, 1982), also known as C.Y.Tung, was a Chinese shipping magnate, the founder of the Oriental Overseas Line (now Oriental Overseas Container Line or OOCL). ... 1947 was a common year starting on Wednesday (link will take you to calendar). ... 1969 was a common year starting on Wednesday (the link is to a full 1969 calendar). ... Thousands of shipping containers at the terminal at Port Elizabeth, New Jersey A container ship being loaded by a portainer crane in Copenhagen Harbour A container freight train in England Part of an American doublestack container train Containerization is a system of intermodal cargo transport using standard ISO containers that...


At its peak the OOCL had a shipping fleet with over 150 freight ships, with its cargo capacity exceeding 10 million tons; it was one of the world's top seven shipping lines. At one stage it also owned the Seawise Giant, the largest ship ever built. The Knock Nevis is a Singapore owned supertanker, formerly known as Seawise Giant, Happy Giant, and Jahre Viking. ...


The OOCL did suffer major setbacks throughout its history, the first during the early 1970s. In September of 1970, he bought the famous oceanliner RMS Queen Elizabeth to convert it into a floating university, to be known as S.S. Seawise University, to keep the World Campus Afloat program alive. On January 9, 1972, the ship caught on fire during refurbishing and sank into Hong Kong's Victoria Harbour; the wreckage had to scrapped three years later. This article provides extensive lists of events and significant personalities of the 1970s. ... 1970 was a common year starting on Thursday. ... RMS Queen Elizabeth was a steam-powered ocean liner of the Cunard Steamship Company. ... Seawise University was the name given by Hong Kong businessman Tung Chao Yung to the former RMS Queen Elizabeth when he purchased it and moved it to Hong Kong Harbour in 1970. ... January 9 is the 9th day of the year in the Gregorian calendar. ... 1972 was a leap year that started on a Saturday. ... Victoria Harbour Victoria Harbour is the harbour between Kowloon and Hong Kong Island. ...


After C. Y. Tung's death in 1982, the OOCL was caught in the downturn of the global shipping industry, and went into financial trouble. The OOCL, which previously had close ties with the Kuomintang regime of the Republic of China on Taiwan, was instead bailed out by the government of the People's Republic of China. This paved the way for C. Y. Tung's son and successor, C. H. Tung, to become the Chief Executive of the Hong Kong Special Administrative Region of the People's Republic of China in 1997; the leadership of the company was in turn passed onto C. H. Tung's brother, C. C. Tung. 1982 is a common year starting on Friday of the Gregorian calendar. ... The Kuomintang (KMT) or Nationalist Party of China (Traditional: 中國國民黨; Simplified: 中国国民党; pinyin: ; Wade-Giles: Chung-kuo Kuo-min-tang; Tongyong Pinyin: Jhongguo Guomindang) is a conservative political party currently active in the Republic of China (ROC) on Taiwan. ... The Republic of China (Traditional Chinese: 中華民國; Simplified Chinese: 中华民国; Wade-Giles: Chung-hua Min-kuo, Tongyong Pinyin: JhongHuá MínGuó, Hanyu Pinyin: Zhōnghuá Mínguó, Taiwanese POJ: Tiong-hoâ Bîn-kok) is a multiparty democratic state that is effectively composed of the island groups of Taiwan, the Pescadores, Quemoy... Tung Chee Hwa Tung Chee Hwa (Traditional Chinese: 董建華; Simplified Chinese: 董建华; Cantonese IPA: ; Jyutping: dung2 gin3 wa4; Mandarin Pinyin: DÇ’ng Jiànhuá) (born July 7, 1937, or the 29th day of the 5th month in the Chinese calendar) was the first elected Chief Executive (July 1, 1997–March 12, 2005... A Special Administrative Region (SAR) (Simplified Chinese: 特别行政区; Traditional Chinese: 特別行政區; pinyin: tèbié xíngzhèngqÅ«; Cantonese IPA: /tɐk6piːt6 hɐŋ4tsɪŋ3kʰɵy1/; Jyutping: dak6bit6 hang4zing3keoi1; Yale: dahkbiht hàhngjingkeÅ«i) is a political subdivision of the Peoples Republic of China. ... 1997 is a common year starting on Wednesday of the Gregorian calendar. ...


Today, OOCL remains one of the world's major shipping and logistics companies, with over 4,000 staff in 50 countries.


Trivia

  • The company emblem of the OOCL is a plum blossom, the national flower of the Republic of China.
  • All ships of the OOCL have names that begin with the word "Seawise", which is a pun on C. Y. Tung's initials.

The Republic of China (Traditional Chinese: 中華民國; Simplified Chinese: 中华民国; Wade-Giles: Chung-hua Min-kuo, Tongyong Pinyin: JhongHuá MínGuó, Hanyu Pinyin: Zhōnghuá Mínguó, Taiwanese POJ: Tiong-hoâ Bîn-kok) is a multiparty democratic state that is effectively composed of the island groups of Taiwan, the Pescadores, Quemoy...

External link

OOCL


  Results from FactBites:
 
Fireman's Fund v. OOCL (1003 words)
After repeated searches failed to unearth the missing cargo, OOCL advised Tischler on February 29, 2000, that it appeared the shipment had been stolen, but that it would delay reporting the theft to the authorities until an additional twenty four hours had elapsed.
OOCL applied to the court for summary judgment on the ground that the bill of lading provided no particular delivery time and, further, that it had disclaimed any liability resulting from delay.
Fireman’s Fund also claimed that OOCL’s February 29 statement (that the container was apparently stolen but that OOCL would wait to report the theft to the authorities) was a negligent misrepresentation sufficient to create a liability in tort, and it applied to the court for summary judgment on this ground.
  More results at FactBites »

 
 

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