OOIL Announces New Master Agreements with COSCO SHIPPING Group for 2026-2028
Orient Overseas (International) Limited (OOIL) has announced the approval of new master agreements during a Board Meeting on 21st August 2025. These agreements, made with the COSCO SHIPPING Group, encompass a range of continuing connected transactions. The New Business Master Agreement outlines the provision of liner and logistics services, including network services such as alliances and consortiums, as well as operation and vessel services. Additionally, the New Bunker Master Agreement covers the purchase of bunker, fuel, oil, and climate credits. These transactions are set to enhance the collaboration between OOIL and COSCO SHIPPING Group, strengthening their operational and service capabilities.
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