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Revenues jump by two thirds for OOCL in Q3

Hong Kong: The unaudited operational update for OOCL for the third quarter show total volumes were 16.0% up on the same period last year. Total revenues increased by 65.5% to $1.57bn. With a 10.4% increase in loadable capacity, the overall load factor was 3.9% better than the same period in 2009. Overall average revenue per teu increased by 42.6% compared to the third quarter of last year.?For the first nine months of 2010, total volumes increased by 13.1% over the same period last year and total revenues recorded a 47.8% increase. Loadable capacity decreased by 1.1%, and the overall load factor was 10.2% higher than the corresponding period in 2009. Overall average revenue per teu increased by 30.7% compared to the same period last year.  [22/10/10]

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