Orient Overseas International (OOIL) has reported increased liftings but lower average revenue per container in its final quarterly operational update for container arm OOCL.
With 4.7% more capacity than in Q2 17, the number of containers carried across the carrier’s four regions was up 4.6%, to 1.6m teu, but revenue could only improve by 4%, to $1.46bn.
Of particular note was OOCL’s quarter-on-quarter 13.5% jump in containers carried between Asia and Europe, which contrasted with just …
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Source: The Loadstar