|
OOCL Container
Orient Overseas Container Line, commonly known as OOCL, is a container shipping and logistics service company with headquarters in Hong Kong. The company is incorporated in Hong Kong as Orient Overseas Container Line Limited and separately incorporated as Orient Overseas Container Line Inc. in Liberia. The latter was also re-domiciled to the Marshall Islands. Overview OOCL is a large integrated international container transportation, logistics and terminal company with offices in 70 countries. OOCL has 59 vessels of different classes, with capacity varying from to , including two ice-class vessels for extreme weather conditions. OOCL is a member of the Grand Alliance formed in 1998. Its founder members are Hapag-Lloyd (Germany), NYK (Japan) and OOCL (Hong Kong). History OOCL was founded by C. Y. Tung in 1947 as the Orient Overseas Line. In 1969, OOL was the first Asian -based shipping line to transport containerized cargo across the Pacific. Consequently, the company was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fremantle Harbour
Fremantle Harbour is Western Australia's largest and busiest general cargo port and an important historical site. The inner harbour handles a large volume of sea containers, vehicle imports and livestock exports, cruise shipping and naval visits, and operates 24 hours a day. It is located adjacent to the city of Fremantle, in the Perth metropolitan region. Fremantle Harbour consists of the Inner Harbour, which is situated on the mouth of the Swan River; the Outer Harbour, which is south at Kwinana in Cockburn Sound and handles bulk cargo ports, grain, petroleum, liquefied petroleum gas, alumina, mineral sands, fertilisers, sulphur and other bulk commodities; and Gage Roads, which is the anchorage between Rottnest Island and the mainland. The Inner Harbour includes northern and southern wharves named North Quay and Victoria Quay respectively. All of this area is managed by the Fremantle Port Authority, a government trading enterprise, under the registered business name ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nippon Yusen
Nippon Yūsen Kabushiki Kaisha (Japan Mail Shipping Line), also known as NYK Line, is a Japanese shipping company and is a member of the Mitsubishi ''keiretsu''. The company headquarters are located in Chiyoda, Tokyo, Japan. It operates a fleet of about 800 ships, which includes container ships, tankers, bulk and woodchip carriers, roll-on/roll-off car carriers, reefer vessels, LNG carriers, and cruise ships. Currently, it is a member of the Ocean Network Express company. History 1870-1900 The company traces its history back to the ''Tsukumo Shokai'' shipping company founded by the Tosa clan in 1870. In 1875, as the renamed ''Mitsubishi Shokai'', the company inaugurated Japan's first passenger liner service, with a route from Yokohama to Shanghai; in that same year, the company name was changed to Mitsubishi Mail Steamship Company. In 1885, a merger with ''Kyodo Unyu Kaisha'' (founded 1882) led to the adoption of the company's present name.NYKHistory./ref> The merged company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Special Administrative Region Of The People's Republic Of China
The special administrative regions (SAR) of the People's Republic of China are one of the provincial-level administrative divisions of the People's Republic of China directly under the control of its Central People's Government (State Council), being integral areas of the country. As a region, they possess the highest degree of autonomy from China. However, despite the relative autonomy that the Central People's Government offers the special administrative regions, the National People's Congress remains capable of enforcing laws for the special administrative regions. The legal basis for the establishment of SARs, unlike the other administrative divisions of China, is provided for by Article 31, rather than Article 30, of the Constitution of the People's Republic of China of 1982. Article 31 reads: "The state may establish special administrative regions when necessary. The systems to be instituted in special administrative regions shall be prescribed by law enacted by th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tung Chee-chen
Tung Chee-chen, GBS, SBS, JP (; born 15 December 1942) is a Hong Kong billionaire businessman. He is the chairman and chief executive of shipping company Orient Overseas and a member of the One Country Two Systems Research Institute, a pro-Beijing political thinktank. He is Monaco's honorary consul to Hong Kong. Early life Tung is the second son of shipping tycoon Tung Chao-yung, and the younger brother of Tung Chee-hwa, the first chief executive of the Hong Kong Special Administrative Region. Their ancestral hometown is Ningbo in China's Zhejiang Province. He earned a bachelor's degree from the University of Liverpool and master's in mechanical engineering from MIT. Career Tung served as chairman of the Hong Kong Shipowners' Association from 1993 until 1995. He was chairman of the Hong Kong General Chamber of Commerce from 1999 to 2001. In 1996, Tung was appointed chairman and CEO of Orient Overseas (International) Limited, one of the largest shipping companies in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Merchants
China Merchants Group Limited () is an international state-owned corporation (SOE) of the People's Republic of China. The company is operating under the auspices of the Chinese Ministry of Transport. Founded in 1872 China Merchants Steam Navigation Company in Shanghai, the firm has developed into one of China's leading SOEs since the 1980s and has expanded its global role as a result of China's Belt and Road Initiative in the early 2010s. In the Western media, China Merchants Group is mostly known for being criticized as a tool for China's "debt diplomacy" and its legal disputes with DP World, another port operator, regarding concession rights at the Port of Djibouti. Beginnings and growth (1872-1978) Early History China Merchants Steam Navigation Company was a shipping company founded on 16 December 1872 by the then Governor-General of Chihli (直隸 Zhili) Li Hung-chang (李鴻章 Li Hongzhang) who was also concurrently appointed as the Peiyang Commissioner "Peiyang Ta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henry Fok
Henry Fok Ying Tung (10 May 1923 – 28 October 2006) was a Hong Kong businessman. He has ancestral roots in Lianxi Village, Panyu, now part of Guangzhou, Guangdong. Fok was the vice-chairman of the National Committee of the Chinese People's Political Consultative Conference of PRC since March 1993, and was possibly the most powerful Hongkonger in the politics of the People's Republic of China. In 2006, the Forbes Magazine ranked Henry Fok the 7th wealthiest tycoon in Hong Kong and 181st wealthiest tycoon in the world, with an established net worth of $3.7 billion. He died in Beijing on 28 October 2006. Biography Fok was born on 10 May 1923 in Hong Kong to an ethnic Tanka family. Fok's father died in a boating accident when he was just seven. He studied at Queen's College, but was not able to finish junior high due to the Japanese invasion in 1937. He worked as a labourer during that time while helping to run the family's small boat business. Business After the war, he bec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of China
The Bank of China (BOC; ) is a Chinese majority state-owned commercial bank headquartered in Beijing and the fourth largest bank in the world. The Bank of China was founded in 1912 by the Republican government as China's central bank, replacing the Qing Dynasty's Ta-Ching Government Bank. It has been the second oldest bank in China still in existence after the Bank of Communications, founded in 1908. From its establishment until 1942, it issued banknotes on behalf of the Government along with the "Big Four" banks of the period: the Farmers Bank of China, Bank of Communications and Central Bank of the Republic of China. After the People's Republic was established in 1949, it has become a national commercial and foreign exchange professional bank. Its original central bank designation was carried on by the newly formed People's Bank of China. As of 31 December 2019, it was the second-largest lender in China overall and ninth-largest bank in the world by market capitalizatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tung Chee Hwa
Tung Chee-hwa (; born 7 July 1937) is a Hong Kong businessman and politician who served as the first Chief Executive of Hong Kong between 1997 and 2005, upon the transfer of sovereignty on 1 July. He is currently a vice-chairman of the Chinese People's Political Consultative Conference (CPPCC). Born as the eldest son of Chinese shipping magnate Tung Chao Yung, who founded Orient Overseas Container Line (OOCL), Tung took over the family business after his father's death in 1981. Four years later, OOCL teetered on the edge of bankruptcy, and the business was saved by the People's Republic of China government through Henry Fok in 1986. He was appointed an unofficial member of the Executive Council of Hong Kong by the last British Governor Chris Patten in 1992 and was tipped as Beijing's favourite as the first Chief Executive of the Hong Kong SAR. In 1996, he was elected the Chief Executive by a 400-member Selection Committee. His government was embroiled with a series of cr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seawise Giant
TT ''Seawise Giant''—earlier ''Oppama''; later ''Happy Giant'', ''Jahre Viking'', ''Knock Nevis'', and ''Mont''—was a ULCC supertanker that was the longest self-propelled ship in history, built in 1974–1979 by Sumitomo Heavy Industries in Yokosuka, Kanagawa, Japan. She possessed the greatest deadweight tonnage ever recorded. Fully laden, her displacement was 657,019 tonnes. The heaviest self-propelled ship of any kind, and with a laden draft of 24.6 m (81 ft), she was incapable of navigating the English Channel, the Suez Canal or the Panama Canal. Overall, she is generally considered the largest self-propelled ship ever built. In 2013 her overall length was surpassed by 30 m by the Floating Liquified Natural Gas installation ''Shell Prelude'' (FLNG), a monohull barge design 488 m long and 600,000 tonnes displacement. ''Seawise Giant's'' engines were powered by Ljungström turbines. She was sunk in 1988 during the Iran–Iraq War, but was later salvaged and res ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emma Mærsk
''Emma Mærsk'' is the first container ship in the of eight owned by the A. P. Moller-Maersk Group. When launched in 2006, she was the largest container ship ever built, and in 2010 she and her seven sister ships were among the longest container ships. Officially, she is able to carry around or 14,770 TEU depending on definition. In May 2010, her sister ship set a record of in Tanger-Med, Tangier. History ''Emma Mærsk'' was built at the Odense Steel Shipyard in Denmark. In June 2006, during construction, welding work caused a fire within the superstructure.Miranda Max"The Secret Story Of Building The World’s Largest Container Ship", shippinginsouthafrica.wordpress.com; accessed 5 March 2015. It spread rapidly through the accommodation section and bridge, which delayed her completion by six to seven weeks. She was named in a ceremony on 12 August 2006, after Mærsk Mc-Kinney Møller's late wife, Emma. On 16 August 2006, five tugboats dragged Emma Maersk from her D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tung Chao Yung
Tung Chao-yung or C. Y. Tung (; 28 September 1912 – 15 April 1982), also known as Tung Hao-yun, ), was a Chinese shipping magnate, the founder of the Orient Overseas Line (now Orient Overseas Container Line or OOCL). He was the father of Tung Chee Hwa, the first chief executive of the Hong Kong SAR. At the peak of his career, he owned a shipping fleet with over 150 freight ships; his fleet's cargo capacity exceeded 10 million tons. Career Tung was born in Dinghai, Zhejiang, on Zhoushan Island. He spent his early business years in Tianjin and Shanghai. In 1945 Tung bought an old boat, ''The Heavenly Dragon'', which would become his company's flagship and the first Chinese boat to drop anchor at European ports. He moved to Taiwan with the KMT in 1949 and diversified his investments in Hong Kong with the companies Maritime Transport Limited, the Oriental Overseas Container Line, Island Navigation Corporation. Tung accumulated his fleet of ships over the next few years. In 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.png "Click for more on -> Bankruptcy")
