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OOCL Enters IDX Joint Shipp...
Press Releases
December 21, 2006

OOCL Enters IDX Joint Shipping Service

Orient Overseas Container Line Ltd. (OOCL) is pleased to announce its participation in the IDX joint shipping service, for trade between India and the Indian Subcontinent and the US East Coast, effective January 2007.

The IDX service is OOCL’s first direct service between India and the US East Coast and comes in response to customer’s increased demand for quality service from India’s fast-growing market.

The IDX service will deploy eight vessels with a capacity of 2,500-2,600 TEUs each, with extensive port coverage for the west coast of India. It will also provide fast transit time for cargo from Karachi relayed over Mundra.

“We are excited about this new service, which will provide a direct link from India to the US East Coast,” said Stephen Ng, Senior Vice President, Trans-Pacific Trade.

“This is especially important to our garment and apparel customers who are sourcing from India and have always looked to us to enhance our services,” he said.

The IDX’s fixed weekly schedule covers Colombo / Tuticorin / Nhava Sheva / Mundra / Barcelona / New York / Norfolk / Charleston / Barcelona and Colombo for a 56-day rotation.

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 230 offices in 58 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: www.oocl.com
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