OOCL revenue up 7% in 2012

Markets

Tuesday, January 22, 2013

The liner carrier OOCL said Tuesday that fourth quarter 2012 revenues rose 5.6 percent year-on-year to $1.4 billion. For the year, OOCL’s revenue rose 6.7 percent to $5.5 billion. The line’s container volume in the fourth quarter fell 0.7 percent to nearly 1.3 million TEUs, but for the year grew 3.7 percent to 5.2 million TEUs. On a regional basis, the highest volume growth was seen in OOCL’s intra-Asia/Australia trades, while the transpacific grew by the smallest mar...

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