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OOCL Q4 revenue drops 49%, liftings up 7%
10 Jan 2024 8:32 PM ISTFull year revenue was down 60% at $7.5 billion, liftings up marginally
OOCL Q3 revenue drops 65%
10 Oct 2023 8:30 PM ISTAverage freight rate down 67% to $943/TEU from $2,885/TEU in Q32022.
OOCL Q2 revenue up 52% to over $5bn
7 July 2022 8:10 PM IST"Severe congestion around the network drove down liftings by 5.6 percent to 1.8 million TEUs.”
OOCL reports $7.4bn operating profit in 2021
28 March 2022 3:29 PM ISTCompany has ordered 10 new 16,000 TEU vessels for delivery in 2024 and 2025.
COSCO/OOCL’s CI1 service to make port call at APM Terminals Pipavav
28 April 2021 1:35 PM ISTApril 28, 2021: APM Terminals Pipavav announced that it has secured CI1 (China-India Express) service operated by COSCO/OOCL.
DP World introduces new services in Nhava Sheva, Chennai and Cochin
6 Nov 2019 4:10 PM ISTNovember 6, 2019: DP World announced Middle East-India-Africa Express (MIAX) and South India Europe Express (IEX), the two new services to connect its...