OOCL registers 3.8% volume increase in 2019
For the fourth quarter of 2019 (ended 31st December 2019), total volumes were 4.8% up from the same period last year. Total revenues increased by 2.3% to US Dollars 1,602.8 million. Loadable capacity increased by 2.6%. The overall load factor was 1.8% higher than the same period in 2018. Overall average revenue per teu decreased by 2.4% compared to the fourth quarter of last year.
For the full year of 2019 (ended 31st December 2019), total volumes increased by 3.8% over the same period last year and total revenues recorded a 5.2% growth. Loadable capacity increased by 4.0%. The overall load factor was 0.1% lower than the same period in 2018. Overall average revenue per teu increased by 1.3% compared to the same period last year.
