A double-digit uptick in volumes on the transpacific trade has failed to halt a miserable financial third quarter for Hong Kong liner giant Orient Overseas Container Line (OOCL).
The Cosco Group-controlled shipowner said revenue for the three months ending 30 September 2023 was down just over 65% year on year to $1.76bn.
OOCL said liftings inched up 6.7%
