Clear evidence of the continued upward trajectory in carrier fortunes is evident in the latest results released by Hong Kong-based OOCL.
In the second quarter ended June 30, total volumes were 15.4% up from the same period last year while total revenues increased by 119.0%.
Overall, the average revenue per TEU was up by a whopping 89.7% compared to Q2 last year.
Loadable capacity was up 12.4% with the overall load factor 2.2% higher.
Looking at a year-on-year comparison for the first half, total revenues went up a massive 107.6% while total volumes increased by 19.5%.
Loadable capacity increased by 13.7% and the overall load factor was 4.2% higher.
Overall average revenue per TEU increased by 73.8% compared to the second half of last year.
