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OOCL
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 ...
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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 ...
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Orient Overseas (International) Limited
Orient Overseas (International) Limited (OOIL) is a Hong Kong, China based investment holding company involved in international transportation and logistics, and property investment and property development. It is the parent company of Orient Overseas Container Line (OOCL), one of the world's largest container shipping companies. History Orient Overseas Founder of Orient Overseas, Tung Chao-yung, operated the first all-Chinese crewed ship between Hong Kong and Europe and the east coast of the United States in 1947. However, Tung Chao-yung already established his Hong Kong operation in 1937. He was the vice-president of Shipowners Association in Tianjin at that time. Tung Chao-yung then named the company Orient Overseas Line. In 1969, the business was renamed as Orient Overseas Container Line. The holding company of the group, Orient Overseas Container (Holdings) Limited, was incorporated on 27 February 1973. It was a listed company in Hong Kong, and Kam Ngan stock exchanges ...
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MS Ruahine
MS ''Ruahine'' was a passenger ship that operated in the mid-20th century, primarily for the New Zealand Shipping Company. Built by John Brown & Company for the New Zealand Shipping Company, she was launched on 11 December 1950 and entered service in May 1951. She operated in combined passenger and cargo trade from London to Auckland and Wellington, arriving in New Zealand in November 1951. At the end of 1966, she was transferred to the fleet of New Zealand Shipping subsidiary Federal Line, but operated under the British flag for only one more year, making her final New Zealand voyage in late 1967. She was subsequently sold to the Orient Overseas Line and renamed ''Oriental Rio'', sailing under the Hong Kong flag until she was scrapped in 1974.OOCL Marks Half a Century of Operations ''Ships Monthly Kelsey Media is a magazine publisher and trade fair company based in Yalding, England. Founded in 1989, it has bought and sold many publications over the years, including former Bau ...
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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 ...
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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 ...
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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 ...
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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 ...
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Japan
Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north toward the East China Sea, Philippine Sea, and Taiwan in the south. Japan is a part of the Ring of Fire, and spans Japanese archipelago, an archipelago of List of islands of Japan, 6852 islands covering ; the five main islands are Hokkaido, Honshu (the "mainland"), Shikoku, Kyushu, and Okinawa Island, Okinawa. Tokyo is the Capital of Japan, nation's capital and largest city, followed by Yokohama, Osaka, Nagoya, Sapporo, Fukuoka, Kobe, and Kyoto. Japan is the List of countries and dependencies by population, eleventh most populous country in the world, as well as one of the List of countries and dependencies by population density, most densely populated and Urbanization by country, urbanized. About three-fourths of Geography of Japan, the c ...
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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 ...
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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 ...
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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 ...
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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 ...
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