News / Global revenues soar, but loss of steam for OOCL's Asia-Europe trade

ID 112434524 © Péter Gudella | Dreamstime.com

Hong Kong-headquartered container shipping line OOCL today issued its fourth-quarter 2024 operational update, giving the industry the first glimpse of how carriers fared over the last three months.

Total liftings in the fourth quarter amounted to 1,985,990 teu, a 6.1% year-on-year gain on the 1,872,439 teu carried in the fourth quarter of 2023.

Full-year liftings for 2024 came in at 7,595,476 teu, a 3.5% rise over 2023 and indicating that OOCL might have lost some market share over last year as industry-wide ...