27.04.2021
Artikel Nummer: 36209
OOCL doubles revenues in Q1/2021
Hong Kong-based container shipping company OOCL, an affiliate of OOIL whose shares have been held by Cosco (90.1%) since 2018, started strongly in Q1/2021.
Total volumes surged by 23.8% in comparison to the same period last year. In Q1/2020, barely 1.6 million teu were handled, while a year later the number amounted to 1.98 million teu.
Loadable capacity increased by 15% and the overall load factor was 6.2% higher than in the same period in 2020.
Revenues increased by a significant 96% to pass the threshold of USD 3 billion in the first quarter ending 31 March 2021. The average total revenue per teu took a leap of 58.3% compared to the previous year. (cd)