OOCL doubles revenue despite significant drop in volumes

Container line OOCL, owned by China’s Cosco, doubled its revenue in 2021, with the top line for Q4 alone surging by 101.4 percent, the carrier says. This major increase happens despite a dive in container liftings during the quarter.
Photo: Ingo Wagner/AP/Ritzau Scanpix
Photo: Ingo Wagner/AP/Ritzau Scanpix

The fourth quarter saw revenue take anothera great leap forward for OOCL, although the Cosco-owned container line did see a significant dive in handled container liftings.

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