OOCL announces Trans-Atlantic Trade General Rate Increase

August 30, 2010

OOCL would like to advise our valued customers that we will apply a General Rate Increase on Trans-Atlantic services with effect from October 1, 2010. The General Rate Increase will apply westbound and eastbound and be applicable to all container types as follows;

All cargo between Europe and the USA, Canada and Mexico

USD 320 per 20’ container
USD 400 per 40’ container

OOCL announces rate increases on Southeast Asia-Australia services

August 30, 2010

To ensure the continued provision of high quality services and sufficient capacity to cater for our customer requirements, OOCL is implementing our revenue recovery programme with effect from October 1, 2010.

Freight rates for traffic from Southeast Asia (Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia, Philippines, Indian Subcontinent and Middle East) to Australia, will be increased by USD 300 per TEU.

Orient Overseas Container Line (OOCL) is a wholly-owned subsidiary of Hong Kong Stock Exchange listed Orient Overseas (International) Ltd. Headquartered in Hong Kong, OOCL is one of the world's leading container transport and logistics service providers, with more than 280 offices in 55 countries. Linking Asia, Europe, North America, the Mediterranean, the Indian sub-continent, the Middle East and Australia/New Zealand, the company offers transportation services to all major east/west trading economies of the world. OOCL is one of the leading international carriers serving China, providing a full range of logistics and transportation services throughout the country. It is also an industry leader in the use of information technology and e-commerce to manage the entire cargo process. Website: http://www.oocl.com/

Orient Overseas Container Line (OOCL)