Inside Orient Overseas (International) Ltd

A profile of container transport group Orient Overseas, which is controlled by the Tung family.

Orient Overseas is rather like DHL: it delivers door-to-door and enables customers to track packages in its care For OOIL, however, the packages are dirty great containers - or 20ft equivalent units (TEUs) as they're known in the trade - rather than cardboard boxes and envelopes and these are moved a few thousand at a time on 300m long ships < xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Boats this big don't come cheap and OOIL has 37 at its disposal, 18 of which are owned and the remainder leased, typically on six- to eight-year contracts The company plans to add a further five newly built vessels...

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