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OOIL
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 excha ...
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Orient Overseas Container Line
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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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 seri ...
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COSCO Shipping
China COSCO Shipping Corporation Limited, abbreviated as COSCO Shipping, is a Chinese state-owned multinational conglomerate headquartered in Shanghai. The group is focused on marine transportation services. COSCO Shipping was established in January 2016 by the merger of COSCO Group and China Shipping Group. As of March 2020, the company's fleet was among the largest in the world – 1310 vessels with a capacity of 105.92 million DWT. Predecessors COSCO China Ocean Shipping (Group) Company, founded in 1961 and headquartered in Beijing, was a Chinese state-owned multinational transportation conglomerate. It was the largest dry bulk carrier in China and one of the largest dry bulk shipping operators worldwide. In addition, the Group is the largest liner carrier in China. Its container shipping subsidiary – COSCO Container Lines – was one of the world's top 10 container carriers in terms of fleet capacity. COSCO was among China's top 15 brands in 2012. China Shipping ...
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Crédit Commercial De France
The ''Crédit Commercial de France'' (CCF, "Commercial Credit ompanyof France") is a commercial bank in France, founded in 1894 as the ''Banque Suisse et Française'' and renamed to CCF in 1917. By the end of the 1920s, it had grown to be the sixth largest bank in France. Its brand was eclipsed between 2005 and 2022 under HSBC ownership, but is set to be revived by the bank's new owner Cerberus Capital Management. History Banque Suisse et Française Financiers Ernest Méjà and Benjamin Rossier founded the (BSF, "Swiss and French Bank") at 27, rue Laffite in Paris, on . They had previously worked together for the Swiss , whose Paris branch formed the initial core of the new venture. Méjà remained as joint managing director of the bank with Rossier until his death in 1910. Rossier then continued to run the bank until his retirement in 1936. From its early days, the BSF took an active interest in commerce and industry. A successful working relationship was developed ...
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SS President Cleveland (1947)
SS ''President Cleveland'' was an American steam passenger ship that operated from 1947 to 1973. She became the Panamanian-flag passenger ship SS ''Oriental President'' in 1973 before being scrapped in 1974. She operated on routes in the Pacific Ocean. History Construction ''President Cleveland'' was originally ordered by the Maritime Commission during World War II, as one of the Admiral-class Type P2-SE2-R1 transport ships, and intended to serve in the United States Navy with the name USS ''Admiral D. W. Taylor'' (AP-128). The ship was laid down on 28 August 1944 at the Bethlehem Steel shipyard in Alameda, California, but was cancelled on 16 December 1944. Redesigned for commercial passenger service, the ship was launched on 23 June 1946 with the name SS ''President Cleveland'', and she was completed in 1947. Service history ''President Cleveland'' was operated by American President Lines under a bareboat charter. She appeared in the background during an Embarcadero water ...
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Dart Container Service
Dart Containerline Co Ltd (as it was incorporated in Bermuda) was a consortium of shipping companies that commenced operations in 1969, thus becoming one of the first container shipping operators. The consortium comprised Compagnie Maritime Belge (CMB), Charles Hill of Bristol, England (owners of the Bristol City Line) and Clarke Traffic Services Ltd from Montreal, Quebec, Canada. The company operated between Antwerp Antwerp (; nl, Antwerpen ; french: Anvers ; es, Amberes) is the largest city in Belgium by area at and the capital of Antwerp Province in the Flemish Region. With a population of 520,504,
and Southampton in Europe and Halifax, New York and Norfolk in North America. At firs ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ...
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Stock Exchange Of Hong Kong
The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is reported as the fastest growing stock exchange in Asia. The stock exchange is owned (through its subsidiary Stock Exchange of Hong Kong Limited) by Hong Kong Exchanges and Clearing Limited (HKEX), a holding company that it also lists () and that in 2021 became world's largest bourse operator in terms of market capitalization, surpassing Chicago-based CME. The physical trading floor at Exchange Square was closed in October 2017. History The Hong Kong securities market can be traced back to 1866, but the stock market was formally set up in 1891, when the Association of Stockbrokers in Hong Kong was established. It was renamed as The Hong Kong Stock Exchange in 1914. By 1972, Hong Kong had four stock exchanges in operation. There were subseq ...
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Kam Ngan Stock Exchange
Kaam (Gurmukhi: ਕਾਮ ''Kāma'') in common usage, the term stands for 'excessive passion for sexual pleasure' and it is in this sense that it is considered to be an evil in Sikhism. In Sikhism it is believed that Kaam can be overcome by being satisfied with the current moment. All 5 thieves can be overcome with selfless service and remembrance of God (Simran). Sikh Guru teachings The Gurus rejected lust. Yet they recognized the four '' Purusarthas''—referred to in Gurbani as ''char Padaraths'', or the four human pursuits—as the Granth Sahib declares "Dharma, Artha, Kam and Moksha follow God's devotee like shadow" (SGGS 1320). However, in Sikhism, Kaam is not unrestricted gratification of carnal desires, but an impulse which needs to be kept under check like other impulses and passions. Unrestrained propensity towards Kam, especially sexual relationship outside the marital bond, is condemned in the strongest terms in Sikh codes of conduct as well as in the Scriptu ...
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China Merchants Group
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 ...
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