News / Operating results for bellwether OOCL suggest good news for carriers

© Khunaspix Dreamstime.

OOCL has released operational results for the fourth quarter of 2018 which suggest trading conditions continued to improve for global container carriers in the final months of last year.

The fourth-quarter and full-year results of the world’s largest container line, Maersk, will be published on 21 February, but the operational numbers from OOCL are generally a good pre-financial results indication of how the industry performed in the previous quarter.

The COSCO subsidiary carried 6.4% more containers on its ships between October and ...