News / Fall in intra-Asia volumes a drag on OOCL figures, but deepsea trade grows

Renewed demand on the Asia-Europe and transpacific trades was in further evidence today after Hong Kong-based shipping line OOCL released its 2017 fourth-quarter operational update, showing double-digit growth on the east-west deepsea trades.

The carrier also reported that full-year Asia-Europe volumes vaulted past the 1m teu mark, to end 2017 at just under 1.14m teu – growth of 19.7% on 2016.

And despite a normal fourth-quarter slowdown, the carrier’s volumes in the period were 11% up, to a shade under 300,000 teu.

Similarly, the transpacific trade saw ...