Orient Overseas Container Line reported increases in revenues, volumes and load factors during the second quarter of the year, but these improvements were not enough to reverse declines in its revenues per container. OOCL, the container shipping arm of Orient Overseas (International) Ltd, recorded an 11.2% year-on-year increase in volumes to 1.5m teu, while revenues increased by 6.8% on a year ago to $1.5bn. The star performing trade lane in terms of growth was Asia-Europe, where second-quarter volumes climbed by 22.1% on last year to 254,067 teu and revenues increased 24.4% to $305m.
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