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OOCL achieves growth in both revenue and volumes

Orient Overseas Container Line (OOCL) has announced increased revenues and volumes in the second quarter of the year compared to the same period in 2023.

In particular, the COSCO-owned ocean carrier reported US$2.26 billion revenues in the second quarter of 2024, translating to a 14.4% increase from the same quarter in the previous year.

Additionally, the total liftings of the box line in 2024 Q2 were increased by 0.9% to 1.88 million TEUs.

The overall average revenue per TEU increased by 13.4% compared to the second quarter of last year, according to OOCL’s results.

Furthermore, for the first six months of the year, the company’s total revenues increased by 2.2% and total liftings increased by 2.1% over the same period last year. At the same time, OOCL’s average revenue per TEU was similar to the same period last year.





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