OOIL Reports 17.2% Drop in Q4 Liner Revenue as Liftings Edge Up 0.8%
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Orient Overseas (International) Limited (OOIL) reported a 17.2% decline in Q4 liner revenue to US$2,081.2 million compared to Q4 2024, despite a 0.8% increase in total liftings. The load factor dropped by 3.1%, and average revenue per TEU fell by 17.8% year-on-year. For the full year, liner revenue decreased by 10.6%, while total liftings rose by 3.7%. Revenue by trade showed significant declines in Trans-Pacific and Asia/Europe, with minor increases in Trans-Atlantic. The figures are unaudited and based on internal records.
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