OOCL's 3Q revenue up 10.9% over same 2011 period

Asia

Monday, October 22, 2012

OOCL revenues in the third quarter were up much more sharply than cargo volumes, according to its parent Orient Overseas (International) Ltd. The Hong Kong-based carrier had revenue of $1.6 billion in the third quarter ending Sept. 30, a 10.9 percent increase over the same 2011 period when it reported revenue of $1.4 billion. Volume was 1,360,870 TEUs during the quarter, an increase of 3.4 percent over the third quarter of 2011. Overall, revenue per TEU in the third q...

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