Solid growth in Q3 for Maersk and OOCL; Maersk raises EBITDA outlook

Both A.P. Moller-Maersk and Orient Overseas (International) Limited (OOIL) reported solid results in the third quarter of the year for their respective shipping businesses,…

OOCL reports higher volumes, revenues in Q2 and H1

Orient Overseas Container Line (OOCL) announced it booked higher volumes and revenues for the second quarter and first half of 2019 compared to the…

OOIL’s 2018 revenue, box volume grow but profit declines

Orient Overseas (International) Limited (OOIL) announced a lower profit for 2018 even as revenue and operating profit increased. In a statement on March 25,…

OOCL revenue plunges 13.8% in Q3 despite volume growth

Hong Kong-based carrier Orient Overseas Container Line (OOCL) reported higher volumes in the third quarter of 2016, but this did not arrest overall revenue…