The startling recovery in containership markets has been underlined by a positive third quarter update from Hong Kong container line OOCL.
For the third quarter ended 30 September, the Cosco-controlled company said total volumes were 1.95m teu. That's a 9.5% increase from the same period last year, despite disruption caused by the coronavirus pandemic.
Transatlantic trade was up 22.6%, with transpacific growth at 11%.
