ShippingWatch

OOCL saw growing cargo volumes in 1st quarter

Hong Kong carrier Orient Overseas Container Lines saw its cargo volumes grow almost 9 percent in the first quarter this year, compared to the same period last year.

Container carrier Orient Overseas Container Lines, which is listed on the Hong Kong Stock Exchange, experienced an 8.9 percent growth in transported cargo volumes in the first quarter of 2014 compared to the same period last year.

However, the company's revenue only increased by 1.7 percent, to USD 1387.5 million as the average revenue per container decreased by 6.6 percent.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Nina Østergaard Borris takes over as USTC's CEO

Danish billionaire Torben Østergaard-Nielsen passes the position as CEO of USTC to his daughter Nina Østergaard Borris. ”A joint decision by the ownership,” Østergaard-Nielsen tells newspaper.

Further reading

Related articles

Latest news

See all jobs