OOCL Yokohama Named at Geoje Shipyard, Korea

 OOCL is proud to announce on Thursday, July 19, 2007 the christening of its second in line of the sixteen 4,578-TEU vessels, ordered with Samsung Heavy Industries since 2004.

The newbuilding was named the m.v. OOCL Yokohama, by sponsor Dr. Jane C K Chan, the wife of Prof. Yue-Chim Richard Wong, Provost of the University of Hong Kong at the Geoje Shipyard of Samsung Heavy Industries in Korea.

Mr. CC Tung, Chairman of OOIL said in the opening address of the ceremony, “ OOCL Yokohama belongs to our modern fleet of Panamax class vessel. It is designed to transit the Panama Canal from Asia to our important market in the US East Coast. It is also very versatile and can be deployed in many markets such as Australia, Intra Asia and the Middle East and enables OOCL to deliver the exceptional, high-quality services required by our customers.”

 The m.v. OOCL Yokohama will be deployed under the AEA1 service, after its initial deployment in KTX1 service in the Intra-Asia region, providing a vital link between Asia and Australia.

 The OOCL Yokohama’s port rotation is : Kaohsiung / Hong Kong/ Shanghai / Chiwan / Hong Kong / Sydney / Melbourne / Brisbane and back to Kaohsiung in a 35-day round trip.

Moreover, the first vessel in the line of the sixteen 4,578-TEU series is to be named the next day on Friday, July 20, 2007 at the port of Kobe, Japan. The Group will operate a fleet of 18 of these Panamax class vessels in total once the 16 vessels built by Samsung Heavy industries are delivered, in addition to the two vessels of the same class delivered earlier by Hudong-Zhonghua Shipyard at the end of 2006.

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