--FILE--The 20,000 TEU container vessel "COSCO SHIPPING LEO" manufactured by Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS), is pictured during
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Imaginechina Limited / Alamy Stock PhotoImage ID:
W6CWGHFile size:
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3008 x 2005 px | 25.5 x 17 cm | 10 x 6.7 inches | 300dpiDate taken:
22 March 2018Photographer:
ImaginechinaMore information:
--FILE--The 20, 000 TEU container vessel "COSCO SHIPPING LEO" manufactured by Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS), is pictured during its naming and delivery ceremony at the Port of Nantong in Nantong city, east China's Jiangsu province, 22 March 2018. China COSCO Shipping's planned acquisition of Orient Overseas Container Line (OOCL) is on track to be completed by the end of June, COSCO Chairman Huang Xiaowen said Tuesday (3 April 2018). Huang said the firm was still answering questions from the Committee on Foreign Investment in the US on the deal, and was also awaiting a number of domestic approvals. In 2017, COSCO Shipping offered to buy Orient Overseas International Ltd (OOIL) in a $6.3 billion deal. OOCL is the main subsidiary of OOIL.