For the fourth
quarter ended 31st December 2021, total revenues increased by 101.4% to US Dollars 4,880.5 million, as compared to the same period in 2020. This record result was achieved despite severe congestion around the network, which drove down liftings by 16.9% and loadable capacity by 14.3%. The overall load factor was 2.7% lower than the same period in 2020. Overall average revenue per TEU increased by 142.3% compared to the fourth quarter of last year.
For the year ended 31st December 2021, total revenues recorded growth of 110.2% and total liftings increased by 1.7% over the same period last year. Loadable capacity increased by 0.2%. The overall load factor was 1.3% higher than the same period in 2020. Average revenue per TEU increased by 106.7% compared to the same period last year.
Click here to read the full statement.
For more information: oocl.com