Orient Overseas (International) Limited has announced unaudited operational updates for Orient Overseas Container Line (“OOCL”). This announcement sets out the unaudited operational update for OOCL for the third quarter of 2015 (ended 30 th September 2015).
For the third quarter of 2015 (ended 30th September 2015 ), total volumes were 1.9 % up from the same period last year. Total revenues decreased by 12.2 % to US Dollars 1,332.5 million.
Loadable capacity increased by 12.3 %. The overall load factor was 7.1 % lower than the same period in 2014. Overall average revenue per teu decreased by 13.8 % compared to the third quarter of last year.
For the first nine months of 2015 (ended 30th September 2015), total volumes decreased by 0.9 % over the same period last year and total revenues recorded an 8.4 % drop. Loadable capacity increased by 6.0 %. The overall load factor was 5.0 % lower than the same period in 2014 . Overall average revenue per teu decreased by 7.6 % compared to the same period last year.