OOCL achieves a 'robust' H1, but recovery seems 'far from secure'

Alexey Novikov | Dreamstime.com

Cosco Shipping subsidiary OOIL has reported a net profit of $102m for the half-year, compared with a profit of $139m the year before.

Revenue, the majority attributable to its OOCL liner services, came in at $3.43bn, slightly above the $3.3bn for the first six months of ...