Like several of its competitors, Orient Overseas Container Lines, OOCL, delivers a profit for the first half of the year, which in the spring was feared would become a dire period for the container industry.
In the first six months of the year, the Hong Kong based container line, which is owned by Chinese Cosco, made a profit of USD 102 million, compared to USD 139 million in the first half of 2019, shows the interim report from holding company Orient Overseas International Limited, OOIL.
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