Orient Overseas Container Line (OOCL) reported a 3.3% fall in volumes for the fourth quarter of 2017, but a much better margin, with overall average revenue per teu increasing by 9.6% compared with the previous corresponding period.
While the intra-Asia trade has been held up as the next great thing the container industry, there remains debate about the perception that it is notoriously difficult to make money from.
Gigantism is a common trait across shipping with owning the largest of whichever type of vessel, be it a bulker, a tanker, containership, or gas carrier, a badge of honour, even if sometimes the economics are somewhat more dubious. Seatrade...
Orient Overseas Container Line (OOCL) saw third quarter total volumes rise 5.0% to 1.60m teu from 1.52m teu in the same period last year, the company said in a stock market update.
Orient Overseas (International) Limited (OOIL), the parent company of container line Orient Overseas Container Line (OOCL) and logistics services provider (OOCL Logistics), became the first Hong Kong-based enterprise in the international...