[ET Net News Agency, 26 January 2018] Orient Overseas (International) Limited (OOIL)
(00316) said total volumes for the fourth quarter of 2017 were 3.3% down from the same
period last year to about 1.61 million TEUs.
Total revenues grew 6% to US$1,380.5 million. Loadable capacity increased by 1%. The
overall load factor was 3.7% lower than the same period in 2016. Overall average revenue
per teu increased by 9.6% compared to the fourth quarter of last year.
For the full year of 2017, total volumes rose 3.6% over the same period last year to
about 6.3 million TEUs and total revenues recorded a 15.4% growth to US$5,425 million.
Loadable capacity increased by 5.1%. The overall load factor was 1.2% lower than the same
period in 2016. Overall average revenue per teu increased by 11.4% compared to the same
period last year. (HL)