OOCL volumes up by 7.3% year-on-year over the last quarter 2020

For the fourth quarter ended 31st December 2020, total volumes were 23.7% up from the same period last year. Total revenues increased by 51.2% to US Dollars 2,423.0 million. Loadable capacity increased by 17.5%.

The overall load factor was 4.6% higher than the same period in 2019. Overall average revenue per teu increased by 22.2% compared to the fourth quarter of last year. For the year ended 31st December 2020, total volumes increased by 7.3% over the same period last year and total revenues recorded a 18.9% growth.

Loadable capacity increased by 3.7%. The overall load factor was 2.8% higher than the same period in 2019. Overall average revenue per teu increased by 10.8% compared to the same period last year

OOCL reports increased revenues by 51% in Q4 2020 2

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