OOCL today announced a profit attributable to equity holders of US$1,284.6 million for the six month period ended 30th June 2010. OOCL carried 39% more containers in the period whilst the new rate increases held up to further boost the figures.
An operating profit which jumped 262% from a loss of around $190 million to a profit of $310 million demonstrates the strength of the company’s recovery.
Assets include nine new containerships which the company took delivery of in the past few months with capacities of between 4578 and 8063 TEU’s each. The company still has outstanding orders for six 8,600 TEU vessels which will be delivered between 2011 and 2013.