{"id":3594,"date":"2019-10-29T12:33:04","date_gmt":"2019-10-29T09:33:04","guid":{"rendered":"https:\/\/www.al-sindbad.net\/?p=3594"},"modified":"2019-10-29T12:33:11","modified_gmt":"2019-10-29T09:33:11","slug":"revenues-volumes-continue-rising-at-oocl","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/revenues-volumes-continue-rising-at-oocl\/3594\/","title":{"rendered":"Revenues, Volumes Continue Rising at OOCL"},"content":{"rendered":"<div class=\"content\">\n<p style=\"text-align: justify;\"><strong>Hong Kong-based Orient Overseas Container Line Limited (OOCL) reported a rise in revenues as it carried more containers in the third quarter of 2019.<\/strong><\/p>\n<p style=\"text-align: justify;\">For the period ended September 30, 2019, total volumes increased by 4.1% from the same period last year, while a 5.8% rise was reported in total revenues.<\/p>\n<p style=\"text-align: justify;\">During the quarter, the company\u2019s Asia\/Europe service marked the greatest surge in volumes. The service handled 366,229 TEUs, a change of 11.4 percent compared to 328,786 TEUs recorded a year earlier.<\/p>\n<p style=\"text-align: justify;\">The greatest change in revenue was seen in the Trans-Atlantic service, as revenues here jumped by 12 percent to USD 148 million from USD 132.2 million.<\/p>\n<p style=\"text-align: justify;\">Total volumes for the third quarter reached 1.78 million TEUs, up from last year\u2019s 1.71 million TEUs, while total revenues stood at USD 1.64 billion, up from 1.55 billion reported a year earlier.<\/p>\n<p style=\"text-align: justify;\">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.<\/p>\n<p style=\"text-align: justify;\">For the first nine months of 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.<\/p>\n<\/div>\n<div id=\"post_share_buttons\" style=\"text-align: justify;\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong-based Orient Overseas Container Line Limited (OOCL) reported a rise in revenues as it carried more containers in the third quarter of 2019. For the period ended September 30, 2019, total volumes increased by 4.1% from the same period last year, while a 5.8% rise was reported in total revenues. During the quarter, the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":3595,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64,20],"tags":[250,194,798],"class_list":["post-3594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news","category-news","tag-hong-kong","tag-oocl","tag-revenues"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/3594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=3594"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/3594\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/3595"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=3594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=3594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=3594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}