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,…
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…