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OOCL's H1 operational update paints a grim picture of life on the ocean wave

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As a harbinger of ocean carrier interim results, OOCL’s operational H1 update paints a grim picture of the financial performance of the industry in the first six months of the year.

The line’s average rate per teu plunged 21.2%, compared with the same period of 2015.

The Hong ...

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