ShippingWatch

OOCL reports growth in the first quarter

Container carrier OOCL delivered an improved result for the first quarter 2018, according to a trading update. This bodes well for the sector, note several analysts.

Photo: PR-foto

Liner company OOCL, which is on track to be acquired by China's Cosco, reports growth and improved rates for the first quarter this year.

This is a positive indicator ahead of Maersk Line's interim report, to be published on May 17, note several analysts.

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