The Board of Directors (the “Board”) of Orient Overseas (International) Limited (the “Company”) has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”) on a quarterly basis. This announcement sets out the unaudited operational update for OOCL for the third quarter of 2018 (ended 30th September 2018). The comparative figures for the third quarter of 2017 (ended 30th September 2017) are also disclosed in this announcement.
For the third quarter of 2018 (ended 30th September 2018), total volumes were 6.9% up from the same period last year. Total revenues increased by 7.0% to US Dollars 1,555.7 million. Loadable capacity increased by 3.9%. The overall load factor was 2.3% higher than the same period in 2017. Overall average revenue per teu increased marginally by 0.1% compared to the third quarter of last year.
For the first nine months of 2018 (ended 30th September 2018), total volumes increased by 6.3% over the same period last year and total revenues recorded an 8.7% growth. Loadable capacity increased by 7.8%. The overall load factor was 1.2% lower than the same period in 2017. Overall average revenue per teu increased by 2.3% compared to the same period last year.
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Orient Overseas International Limited
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