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2012 July 16   09:48

OOCL posts operational figures for Q2, 2012

OOCL total volumes were up 6.7% for the second quarter of 2012 (ended 30th June 2012),  on the same period last year and total revenues increased by 10.6% to US$ 1,560.3 million, the Company press release said.

With an increase of 7.3% in loadable capacity, the overall load factor was only 0.5% lower than the same period in 2011.  Overall average revenue per teu improved by 3.7% compared to the second quarter of last year.

For the first six months of 2012 (ended 30th June 2012), total volumes increased by 6.1% over the same period last year and total revenues recorded a 5.0% increase.  Loadable capacity increased by 9.8%, and the overall load factor was 2.6% lower than the corresponding period in 2011.  Overall average revenue per teu decreased by 1.0% compared to the same period last year.

Orient Overseas Container Line (OOCL) is a wholly-owned subsidiary of Orient Overseas (International) Ltd. Headquartered in Hong Kong, OOCL is one of the world's leading container transport and logistics service providers, with more than 280 offices in 55 countries. The company operations link Asia, Europe, North America, the Mediterranean, the Indian sub-continent, the Middle East and Australia/New Zealand.

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