Orient Overseas Container Line (OOCL), a subsidiary of COSCO Shipping Holdings, has announced impressive financial and operational results for the first quarter of 2025, reports Container News.
The company’s total revenue reached US$2.3 billion, marking a 17% increase compared to the same period in the previous year.
Key performance highlights
- Total Liftings: OOCL handled 1.96 million TEUs, reflecting a 9% year-on-year growth.
- Loadable Capacity: The company’s loadable capacity expanded by 8.5%, indicating strategic enhancements in fleet utilization.
- Load Factor: There was a 0.6% improvement in the overall load factor, suggesting better space utilization across vessels.
- Revenue per TEU: The average revenue per TEU increased by 6.9%, highlighting favorable market conditions and effective pricing strategies.
These results underscore OOCL’s strong market position and its ability to adapt to dynamic industry conditions. The company’s strategic focus on optimizing operations and enhancing service offerings has contributed to its robust performance in the first quarter of 2025.
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Source: Container News
