For the six months ended 30 June 2017, OOCL lifted total volumes of approximately 3.09m teu for its worldwide services, an increase of 6.8% from 2.89m teu in the same period of last year.
The rise in volumes was aided mainly by transpacific volumes increasing 23.1% year-on-year to 865,081 teu and Asia-Europe volumes up by 22.2% to 546,505 teu.
The transatlantic volumes also improved by 8% to 209,438 teu but the intra-Asia/Australasia volumes underperformed with a decline of 5.2% to 1.47m teu.
The total first half revenue rose by 15.2% year-on-year to around $2.59m, with the overall average revenue per teu increasing by 7.8% compared to the previous corresponding period.
Earlier this month, China’s Cosco Shipping has tabled a $6.3bn cash offer to acquire OOIL, with the deal pending approvals from the relevant antitrust authorities.
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