Independent journal on economy and transport policy
12:50 GMT+1
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New record quarterly income statement for OOCL
In the first six months of 2022 revenues increased by +106.8%
August 19, 2022
In the first six months of this year, a period in which containers transported by OOCL ships decreased by -7.4% (
of 6 July 2022), the revenues of the OOIL have increased of +106.8% being amounted to 11.06 billion dollars compared to 6.99 billions in the first half of 2021. Operating margin gross was pairs 6,16 billion dollars (+351.8%), operating profit of 5.75 billion (+428.6%) and net profit of 5.66 billion dollars (+439.1%).
The Hong Kong company has announced that in the first semester of 2022 the average bunker price recorded by OOCL is state of $729/ton versus $449/ton in the first half of last year. An increase of +62% of the price of the fuel that in the first six months of 2022 has determined an increase of +46% of the total costs related to the bunkers, with fuel consumption that was less than those of the first half of 2021.
OOCL has a fleet of 64 container ships for a capacity of hold equal to 560 thousand teu. Starting next year the company will begin to take delivery of the first of twelve new container ships of 23,000 teu ordered in 2022, while a starting from the last quarter of 2024 and by the end of 2025 will take delivery of ten ships of 16,000 teu commissioned last year.
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