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News / OOCL's Q1 numbers show storm clouds gathering over box shipping

OOCL Ship Photo 112434524 © Péter Gudella Dreamstime.com
Photo: © Péter Gudella
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The first evidence of the depth of the liner shipping freight rate correction comes with the Q1 operational numbers for OOCL, which revealed a 58% year-on-year slump in the carrier’s revenue.

Several weeks ahead of the financial earnings season publications from the other major carriers, OOCL’s ...

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