OOCL Christens Eighth Panamax Ship

7/21/2009 9:54:50 AM

OOCL has christened the eighth Panamax class vessel in its line of 16 4,500-TEU vessels that it has ordered from Samsung Heavy Industries.   The new vessel, christened the OOCL Brisbane at Samsung’s Geoje Shipyard in South Korea, will be deployed on the Asia-Australia AEA 2 service.   The port rotation is: Yokohama, Osaka, Busan, Shanghai, Ningbo, Hong Kong ,Kaohsiung, Melbourne, Sydney, Brisbane and back to Yokohama on a 35-day round trip.   Hong Kong-based OOCL reported this week that its intra-Asia and Australasia business, the largest region for the company by volume, declined 18 percent in volume and 33.2 percent in revenue in the first half of 2009 compared to last year. But the trade also improved slightly from the first quarter to the second quarter.   The Journal of Commerce Online

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