News / Mixed fortunes for OOCL in Q3 as liftings and revenues rise, but so do costs

29/10/2018

OOCL increased carryings by 6.9%, year on year, in the third quarter, to 1.7m teu, while improving turnover by 7%, to $1.56bn.

However, the carrier experienced sharply contrasting fortunes on its transpacific and Asia-Europe tradelanes.

The quarterly operational numbers from parent Orient Overseas International, now majority-owned by Cosco Shipping, ...

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