According to unaudited quarterly operational update for the second quarter of 2015 (ended 30th June 2015), total volumes were 2.1% down from the same period last year. Total revenues decreased by 9.3% to US Dollars 1,362.4 million. Loadable capacity increased by 7.1%. The overall load factor was 6.8% lower than the same period in 2014. Overall average revenue per teu decreased by 7.4% compared to the second quarter of last year, the Company said in a press release.
For the first six months of 2015 (ended 30th June 2015), total volumes decreased by 2.3% over the same period last year and total revenues recorded a 6.4% drop. Loadable capacity increased by 2.8%. The overall load factor was 3.8% lower than the same period in 2014.
Overall average revenue per teu decreased by 4.2% compared to the same period last year.
Orient Overseas Container Line (OOCL) is a wholly-owned subsidiary of Orient Overseas (International) Limited (OOIL), a public company (0316) listed on the Hong Kong Stock Exchange. OOCL is one of the world's largest integrated international container transportation, logistics and terminal companies. As one of Hong Kong's most recognized global brands, OOCL provides customers with fully-integrated logistics and containerized transportation services, with a network that encompasses Asia, Europe, North America, the Middle East and Australia / New Zealand.