Orient Overseas Container Line (OOCL) announced the appointment of Andy Tung, chief operating officer of OOCL, as new chief executive officer of the Hong Kong-based carrier effective July 1.
Tung will also continue to be an executive director and a member of the executive committee of Orient Overseas (International) Ltd. (OOIL), the parent company of OOCL, and the managing director and a member of the executive committee of OOCL, Hong Kong’s biggest container line.
He succeeds Philip Chow, who is retiring after 36 years with OOIL, but who will stay on as a non-executive director of the group.
Tung served the OOIL group in various capacities, including as director of reefer trade of OOCL between 1993 and 1998. He rejoined the group in 2006 and was appointed as the chief operating officer in January 2009.
Tung holds a bachelor’s degree from Princeton University and a master’s degree in business administration from Stanford University in the U.S. He is currently a member of the executive committee of the Hong Kong Shipowners Association.
