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

Coal Shipments Plummet 6%, China's the Driver

Coal Shipments Plummet 6%, China's the Driver

CV International, Capes Shipping Agencies Announce New CFO

CV International, Capes Shipping Agencies Announce New CFO

Tariffs, Sanctions and Shipping Risks: The New Supply Chain Reality

Tariffs, Sanctions and Shipping Risks: The New Supply Chain Reality

German Exports Decreased in May As Companies Frontloaded in Q1 to Beat Tariffs

German Exports Decreased in May As Companies Frontloaded in Q1 to Beat Tariffs

Subscribe for Maritime Logistics Professional E‑News

REFILE: How US buyers of critical mineral bypass China's Export Ban
Maguire: Turkey's clean energy growth is bad for the gas market bulls
Traton reports slight increase in Q2 delivery but US tariffs weigh