News / Bellwether OOCL's final-quarter results bode well, despite tariff-hit transpacific

OOCL has released it 2019 fourth-quarter operational results, showing volume gains on all its trades except the transpacific, which took a hit from the tariff-related downturn.

Moreover, OOCL’s traditional pre-cursor to the quarterly financial results season would appear to bode well for the earnings of its peers, to be published in the coming weeks.

Across its four regions, the Cosco subsidiary’s liftings were up by an above-par 4.8% on the same quarter of the previous year, to 1,798,610 teu.

The carrier’s largest sector, ...