OOCL shows year-to-year growth for Q3
For the third quarter of 2019 (ended 30th September 2019), total volumes were 4.1% up from the same period last year. Total revenues increased by 5.8% to US Dollars 1,646.2 million. Loadable capacity increased by 4.7%. The overall load factor was 0.4% lower than the same period in 2018. Overall average revenue per teu increased by 1.6% compared to the third quarter of last year.
For the first nine months of 2019 (ended 30th September 2019), total volumes increased by 3.5% over the same period last year and total revenues recorded a 6.3% growth. Loadable capacity increased by 4.5%. The overall load factor was 0.8% lower than the same period in 2018. Overall average revenue per teu increased by 2.7% compared to the same period last year.
