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OOCL reports increased volumes for Q2 & H1

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As per the unaudited quarterly operational update of OOCL for the second quarter ended June 30, 2018, revealed last week, total volumes were up 4.6 per cent from the same period last year. Total revenues increased by 4 per cent to $1,462.4 million. Loadable capacity increased by 4.7 per cent. The overall load factor was at par with the same period in 2017. Overall average revenue per TEU decreased slightly by 0.6 per cent compared to the second quarter of last year.

For the first six months of 2018 (ended June 30, 2018), total volumes increased by 6 per cent over the same period last year and total revenues recorded a 9.6 per cent growth. Loadable capacity increased by 9.9 per cent. The overall load factor was 3.1 per cent lower than the same period in 2017. Overall, average revenue per TEU increased by 3.5 per cent compared to the same period last year.

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