The impact of soaring spot freight rates made itself felt on OOCL’s top line after the Hong Kong-headquartered carrier published its unaudited second quarter operational update this morning.
The new numbers also appear to show that OOCL may have lost market share on its Asia-Europe services, which in the second quarter registered a year-on-year decline of 17.2%, with three-month liftings on the route recorded at 351,000 teu compared to 424,000 teu …
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