No place to hide for container shipping investors as Q2 earnings calls loom
Clouds gathering
Ahead of its acquisition by COSCO, ocean carrier OOCL’s carryings jumped 7.5% year on year, to 1.58m teu, in the first quarter, while revenue surged 16%, to $1.38bn.
According to the operational numbers at least, Hong Kong-based OOCL enjoyed a better and more profitable quarter than its ...
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