OOCL: Total Volumes Up by 4.6%

July 27, 2018

For the second quarter ended 30th June 2018, total volumes were 4.6% up from the same period last year said Orient Overseas (International) Limited. Total revenues increased by 4.0% to US Dollars 1,462.4 million.

Loadable capacity increased by 4.7%. The overall load factor was at par with the same period in 2017. Overall average revenue per teu decreased slightly by 0.6% compared to the second quarter of last year.

For the first six months of 2018 (ended 30th June 2018), total volumes increased by 6.0% over the same period last year and total revenues recorded a 9.6% growth. Loadable capacity increased by 9.9%.

The overall load factor was 3.1% lower than the same period in 2017. Overall average revenue per teu increased by 3.5% compared to the same period last year.

Logistics News

PD Ports Expands Operations with Third Electric Liebherr LPS 550

PD Ports Expands Operations with Third Electric Liebherr LPS 550

VADM (Ret) White Named Keynote Speaker for MRS ‘26

VADM (Ret) White Named Keynote Speaker for MRS ‘26

India's Adani Ports Pumps $1.36B in Expansion

India's Adani Ports Pumps $1.36B in Expansion

Jensen Tapped as CEO for Gatehouse Maritime

Jensen Tapped as CEO for Gatehouse Maritime

Subscribe for Maritime Logistics Professional E‑News

Official Iranian says that the oil spill in Gulf is likely due to tanker dump.
Document shows that Vietnam's state oil firm urges the US Navy to allow tankers through Hormuz
Airline cancellations in response to Middle East conflict