Hong Kong owner Orient Overseas Container Line (OOCL) has revealed another record quarterly revenue figure as container ship markets stayed strong through the first three months.
Listed parent Orient Overseas International Limited (OOIL), owned by China’s Cosco Group, said OOCL’s turnover jumped 71% year-on-year to $5.16bn.
The company’s revenue update is always the first indication of market trends among listed lines.
