ShippingWatch

OOCL boosts revenue in the second quarter

Container line OOCL increased its revenue in the second quarter even though volumes dropped, shows a brief market update from the company, which is owned by Chinese Cosco.

Photo: PR / OOCL

Container shipping line OOCL, owned by China's Cosco, boosted revenue in the second quarter, during which the outbreak of coronavirus otherwise put a damper on world trade.

In a brief market update, OOCL informs that revenue increased 1.1 percent to USD 1.5 billion in the second quarter of 2020 compared to the corresponding period last year.

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

Related articles

Latest news

Jobs

See all

See all