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September 22, 2004

OOCL Signs for two 4,250-TEU Vessels with China State Shipbuilding Corporation and Hudong-Zhonghua Shipbuilding (Group) Co. Ltd.

OOCL signed for two 4,250-TEU panamax vessels with China State Shipbuilding Corporation and Hudong-Zhonghua Shipbuilding (Group) Co. Ltd., on September 21, 2004. The signing marks the first newbuilding order OOCL has made with a Chinese shipbuilding company.

The two containerships are to be delivered by 2006.

Orient Overseas Container Line Ltd. (OOCL) is a wholly-owned subsidiary of Hong Kong Stock Exchange listed Orient Overseas (International) Ltd. OOCL headquartered in Hong Kong, is an international container transport and logistics service provider. 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: www.oocl.com

     
     
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