A surge in OOCL’s share price means the market is convinced Hong Kong boxship line OOCL will be sold, according to Affinity Shipping.
Speculation has been mounting about a deal following Maersk’s purchase of Hamburg Sud and other consolidation moves in the sector.
The UK broker’s boxship analyst Fotios Katsoulas said: “The market looks rather convinced that Orient Overseas (International) Limited (OOIL) is considering liquefying its liner shipping arm, OOCL, following the container shipping industry’s consolidation wave.”
He
