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OOCL Reports 6.9% Increase in Third Quarter Total Volumes Carried

For the third quarter of 2018 (ended 30th September 2018), total volumes were 6.9% up from the same period last year. Total revenues increased by 7.0% to US Dollars 1,555.7 million. Loadable capacity increased by 3.9%. The overall load factor was 2.3% higher than the same period in 2017. Overall average revenue per teu increased marginally by 0.1% compared to the third quarter of last year.

For the first nine months of 2018 (ended 30th September 2018), total volumes increased by 6.3% over the same period last year and total revenues recorded an 8.7% growth. Loadable capacity increased by 7.8%. The overall load factor was 1.2% lower than the same period in 2017. Overall average revenue per teu increased by 2.3% compared to the same period last year.

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Source: Orient Overseas (International) Limited

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