OOCL volumes up 6% in half-year report

Orient Overseas Container Line (OOCL) recorded a 6% growth in total volumes in the first half of the year, handling 3.27m teu.

The carrier’s parent company, Orient Overseas (International) Limited (OOIL), remarked that East-West trade lanes had been particularly strong, especially on trans-Pacific routes where volumes grew by 11.3%, in its interim report.

However the company also warned of the potential threats of tariff wars on OOCL’s volumes.