SERVICES

OOCL reports growth for all trades

Hong Kong - The Hong Kong based container and logistics service company OOCL announced it has gained in all operating areas

Hong Kong - The Hong Kong based container and logistics service company OOCL announced it has gained in all operating areas in the year’s third quarter. Total volumes, writes the company, w ere 4.1 % up from the same period last year. Total revenues in creased by 5.8 % to US Dollars 1,646 .2 million. Loadable capacity increased by 4.7 %. T he overall load factor was 0.4 % lower than the same period in 201 8 . Overall aver age revenue per teu in creased by 1.6 % compared to the third quarter of last year.

For the first nine months o f 2019 (ended 3 0th September 2019 ), total volumes in creased by 3.5 % over the same period last year and total revenues recorded a 6.3 % growth, reports OOCL. Loadable capacity in creased by 4.5 % . T he o verall load factor was 0.8 % lower than the same period in 201 8 . Overall average revenue per teu increased by 2.7 % compared to the same period last year.

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