In the third quarter of this year it was further attenuated the growth trend of the company's revenues Orient Overseas Container Line (OOCL) containerized navigation of the Chinese group COSCO Shipping, a trend that relative to the only scheduled services between Asia and Europe, after 15 quarters consecutive increases, it has reversed.
Overall, in the period July-September 2022, the the company reported revenues of $5.0 billion, with an increase of +16.9% on the same period last year. It is continued, although less pronounced than in previous periods, the growth in revenues generated by transpacific services1, which are amounted to 1.9 billion (+21.5%), as well as those generated by intra-Asian services and with Australasia, which have totaled 1.5 billion (+29.6%), and revenues from services transatlantic, attested to 370.4 million dollars (+26.2%). The revenues from Asia-Europe services, on the other hand, fell by -1.4% to $1.3 billion.
Overall, the containerized cargoes transported by the OOCL's fleet in the third quarter of this year amounted to over 1.7 million teu, with a decrease of -3.4%. The reduction was determined by the contraction of the volumes transported on transpacific and Asia-Europe routes, even results respectively to 419 thousand teu (-14.5%) and 385 thousand teu (-7.3%), while, after more than four quarters of decline, the volumes transported on intra-Asian routes and with Australasia and on those transatlantic have increased rising to 830 thousand teu (+4.7%) and 114 thousand teu (+1.1%).