The reality of the disaster 2015 has been for the container shipping industry is starting to hit home, with Hong Kong's Orient Overseas Container Line (OOCL), normally very good at riding out downturns, reporting total revenue for the fourth...
A 10.6% drop in container throughput at the Port of Hong Kong in December to 1.59m teu ended the worst year for the port since 2002 when it saw an annual volume of 19.1m teu, just 1m teu lower than the 20.1m teu handled in 2015.