Comment / On the wires: With surprise factor gone, stellar OOCL still sets the tone for all

Hong Kong’s Orient Overseas Container Line (OOCL) released a terrific, unaudited and preliminary operational update at the end of last week that bodes well for all the majors this earnings season, although the Q3 ’20 surprise factor for the carriers has long since vanished.

An excerpt is here below (emphasis in bold added), with stunning liftings figures standing out among a slew of outstanding metrics:

“For the third quarter ended 30th September 2020, total volumes were 9.5% up from the ...