OOCL increased carryings by 6.9%, year on year, in the third quarter, to 1.7m teu, while improving turnover by 7%, to $1.56bn.
However, the carrier experienced sharply contrasting fortunes on its transpacific and Asia-Europe tradelanes.
The quarterly operational numbers from parent Orient Overseas International, now majority-owned by Cosco Shipping, are seen as an early guide to the performance of the carrier’s liner industry peers, which will report their third-quarter results in the coming weeks.
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Source: The Loadstar