​​​Milestones - 2022

December

On December 7, OOCL and its partners signed the OCEAN Alliance Day 7 products to offer customers with upgraded shipping options with higher capacity, lower carbon emissions and refined port rotation starting from January 1, 2023.

November

OOCL was delighted to receive the “Outstanding Performance Award in Port State Control Inspection for the year of 2021” award from the Hong Kong Marine Department on November 8, 2022 in recognition of its excellent work in maintaining fleet quality and contribution in upholding the reputation of the Hong Kong flag.

OOCL launched a new service East Africa Express 5 (EAX5) in its Asia–Africa network to provide a comprehensive port coverage in the regions.

October

On October 28, OOCL signed newbuilding contracts with shipyards Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS) for seven methanol-compatible 24,000TEU container vessels. The cost of each vessel will be US$239.85 million, being a total investment by OOCL of US$1,678.95 million. The green fuel technologies to be applied on these new vessels, most notably for the methanol dual fuel engines, constitute a significant milestone in OOCL’s decarbonization journey.

September

OOCL was named the “Best Green Shipping Line” at the 2022 Asian Freight, Logistics and Supply Chain (AFLAS) Awards for its efforts and resolute commitment to achieving environmental excellence and sustainability.

Effective from September 5, OOIL was listed as a constituent stock on the Hang Seng Corporate Sustainability Index ("HSSUS") and the Hang Seng ESG 50 Index.

August

On August 23, OOCL received the “Regional Award” at the “2022 Singapore Environmental Achievement Awards (SEAA)” from Singapore Environment Council. This was the sixth award OOCL has received at the SEAA ceremony for its long-standing commitment and dedication to environmental stewardship.

On August 19, OOIL announced a profit attributable to equity holders of US$5,663.6 million for the six-month period ended June 30, 2022, compared to a profit of US$2,810.9 million for the same period in 2021.  

OOCL received the Gold Award (Services Sector) at the 2021 BOCHK Corporate Environmental Leadership Awards Ceremony held on August 17, 2022 in Hong Kong for its continuous commitment to promoting environmental and low-carbon best practices.

OOCL completed the first trial use of marine biofuel in its fleet. The biofuel supplied by Chevron Singapore was blended with ISCC certified Used Cooking Oil Methyl Ester as a 22% component in the VLSFO. The 41-day trial voyage of M.V. “OOCL YOKOHAMA” commenced on June 26 and ended on August 5.

July

OOCL announced the adoption of  Electronic Bills of Lading (eBL), in order to enhance the efficiency of the global supply chain, reduce the carbon footprint of each shipment, and bring customers the ultimate shipping experience.

June

OOCL and PSA Corporation Ltd (PSA) successfully completed a joint pilot project to integrate and enhance the flow of container between two PSA facilities – Keppel Distripark (KD) and the On-Dock Depot (ODD). The enhanced flow of empty containers between KD and ODD can reduce an average of 93% of kgCO2e (kilogram of carbon dioxide equivalent) per trip due to the significantly shorter distance. The collaboration between PSA and OOCL aimed to drive sustainability and productivity among stakeholders in Singapore’s logistics and supply chain industry.

Effective from June 13, OOIL was listed as a constituent stock of Hang Seng Index. Launched in 1969, the Hang Seng Index, or "HSI", includes the largest and most liquid stocks listed on the Main Board of the Hong Kong Stock Exchange, and is world renowned as being representative of Hong Kong stocks.OOIL was also included in the HSI ESG Enhanced Index and HSI ESG Enhanced Select Index.

OOCL introduced a brand new Transpacific Latin Pacific 6 (TLP6) service in its Asia – Latin America network which would provide a comprehensive port coverage between North East Asia and West Coast South America.

May

OOCL joined the 2022 Protecting Blue Whales and Blue Skies Program, a Vessel Speed Reduction incentive program covering San Francisco Bay and Southern California zones which aims to reduce air pollution, fatal ship strikes on whales, and underwater noise.

OOIL was selected as a constituent stock of the newly launched Hang Seng Climate Change 1.5℃ Target Index.

April

OOCL announced a brand-new A3 Express Loop (A3X) to offer express loop between China and Australia. By linking Shanghai, Shekou, Brisbane and Sydney, A3X could provide a comprehensive port coverage to/from North East Asia into Australia’s east coast in addition to OOCL’s existing A3N, A3C and A3S services.

March

On March 25, OOIL announced a profit attributable to equity holders of US$7,128.1 million for 2021, compared to a profit of US$902.7 million in 2020.

Effective from March 7, OOIL was included as a constituent stock of the Hang Seng Composite Index ("HSCI"), one of the benchmark indexes of the Hong Kong Stock Exchange. Established in 2001, the HSCI offers a comprehensive coverage of Hong Kong market and is considered a representative indicator of the market performance by many investors and analysts.

February

On February 17, OOCL was presented with Liner Trade Award: Australia-North East Asia at the DCN Australian Shipping & Maritime Industry Awards 2021 to recognize its dedicated work in the region. The company also won the Highly Commended title in the Liner Trade Award: Australia-South East Asia.

January

OOCL announced the OCEAN Alliance Day 6 products of 2022, bringing new and upgraded shipping options with higher flexibility, reliability, and capacity to the market.