Orient Overseas (International) Limited (OOIL) announced that Kenneth Gilbert Cambie has resigned as an executive director and the chief financial officer of the company to pursue other career interests. His resignation takes effect from June 1, 2013.

Alan Tung Lieh Sing, an executive director of the company, has been appointed as acting CFO with effect from June 1.

Hong Kong-based OOIL in an e-mailed statement yesterday said it is currently in search of a permanent chief financial officer.

“In the meantime this change to the management team will have no material impact on the company’s operations,” the firm, one of the world’s largest international container transport businesses which trades under the name “OOCL,” added.

 

 

You May Also Like

Global cargo growth flat in March, below 5% in Q1

In March 2018, worldwide air cargo volumes increase by a mere 0.9% year-on-year, according to the latest traffic figures from WorldACD. Combined with the…

PPA bans bagging, rebagging of bulk cargoes at quays

The Philippine Ports Authority (PPA) is no longer allowing the bagging and re-bagging of bulk cargoes on any part of the quay or apron.…

BOC orders faster disposition of overstaying cargoes

The Philippine Bureau of Customs (BOC) has taken steps to hasten the disposition of overstaying cargoes in ports, mainly through public auction. In a…

Airfreight growth came to overall halt in 2012

Global airfreight demand dropped by 2 percent in 2012 year-over-year, with more than half of the leading 30 freight airports showing a decline in…