OOCL posts poor trading results in Q4 2023

News

OOCl, which is part of China’s Cosco Shipping Group, is the first major carrier to announce its Q4 2023 trading results and they do not make happy reading. But they probably reflect the immense challenges the liner industry currently faces.

OOCL_Valencia_rt.jpg
OOCL saw revenues plummet in the final quarter of 2023 © OOCL_Valencia_rt.jpg

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