In the first half of 2023, a period in which the volumes of Containerized cargoes transported by the company's fleet wholly owned subsidiary OOCL decreased by -1.0% ( of 5 July 2023), revenues from Orient Overseas (International) Ltd. of Hong Kong, a group company Chinese shipowner COSCO Shipping, are piled to 4,54 billion dollars, with a decrease of -58.9% on the first half of 2022, of of which 3.07 billion generated by revenues from services seafarers departing from Asia (-66.3%), 888.3 million from services scheduled from Europe (-32.5%), 400.7 million from services seafarers departing from North America (-13.3%) and 177.8 million dollars from maritime services from Australia (+3.5%). Costs operating of OOIL have marked a bending of the -26,4% going down to 3.64 billion. Operating profit and net profit amounted to to 1.13 billion and 1.13 billion respectively, with reductions of -80.3% and -80.1% on the first six months of last year.

Commenting on the evolution of activities and results financial achievements of the company in the first half This year's OIL noted that, 'as was to be expected, the extraordinary market conditions of the last two or three years are finished. The prolonged and steady decline in freight values, Started around the middle of last year, it is continued during the first half of 2023. The decline from very high levels of 2020-2022 was certainly spectacular both in terms of absolute dollar value and in percentage terms, but this is simply a relapse compared to how much the transport market had grown of goods. At the time of writing - specified OOIL - the Transport tariffs are, in principle, around, and in some cases higher, at pre-Covid-19 levels, before reactions global to the pandemic create the exceptional conditions of the container maritime transport market in recent years. Such market conditions - explained the Hong Kong company - were a combination of a better than expected demand and a severe congestion around the network that exerted a strong downward pressure compared to the actual capacity level available to sea freight customers, despite the use of additional capacity by navigation. Surprisingly resilient demand, combined with Reduced actual supply levels, increased fares transport'. OOIL has specified that this scenario is started to change in the middle of last year in the first place to follow-up to congestion reduction at key bottleneck of the maritime logistics chain.