OOCL Marks Positive Start To The Year With 5.9% Increase In Revenue
The Board of Directors (the “Board”) of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”) on a quarterly basis.
This announcement sets out the unaudited operational update for OOCL for the first quarter of 2019 (ended 31st March 2019). The comparative figures for the first quarter of 2018 (ended 31st March 2018) are also disclosed in this announcement.
For the first quarter of 2019 (ended 31st March 2019), total volumes were 1.6% up from the same period last year. Total revenues increased by 5.9% to US Dollars 1,460.1 million. Loadable capacity increased by 2.3%. The overall load factor was 0.5% lower than the same period in 2018. Overall average revenue per teu increased by 4.2% compared to the first quarter of last year.
Reference: oocl.com
Marine Insight Academy
Online courses for the Maritime industry!
Enroll For Maritime Courses
- 100 + Free & Premium Courses
- Learn at your own speed
- Earn certificates on completing Premium Courses
- Quizes to evaluate your knowledge
- Interactive videos
Marine Insight Academy
Enroll For Maritime Courses
- 100 + Free & Premium Courses
- Learn at your own speed
- Earn certificates on completing Premium Courses
- Quizes to evaluate your knowledge
- Interactive videos
Disclaimer :
The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Disclaimer :
The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
Do you have info to share with us ? Suggest a correction
About Author
Marine Insight News Network is a premier source for up-to-date, comprehensive, and insightful coverage of the maritime industry. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime affairs, Marine Insight News Network prides itself on delivering accurate, engaging, and relevant information.
About Author
Marine Insight News Network is a premier source for up-to-date, comprehensive, and insightful coverage of the maritime industry. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime affairs, Marine Insight News Network prides itself on delivering accurate, engaging, and relevant information.
Daily Maritime News, Straight To Your Inbox
Sign Up To Get Daily Newsletters
Join over 60k+ people who read our daily newsletters
By subscribing, you agree to our Privacy Policy and may receive occasional deal communications; you can unsubscribe anytime.
BE THE FIRST TO COMMENT