OOCL reports more than US$7.3 billion operating profit in 2021

Orient Overseas (International) Limited (OOIL), the mother-company of Orient Overseas Container Line (OOCL), has announced its full-year results for 2021.

The container transport and logistics business reported earnings before interest and taxes (EBIT) of US$7.387 billion, representing an EBIT margin of approximately 44%, while its liner liftings grew to 7.6 million TEU.

Meanwhile, in 2021, the company has ordered ten 16,000 TEU new vessels for delivery in 2024 and 2025.

The overall revenue of...

https://container-news.com/oocl-reports-more-than-us7-3-billion-operating-profit-in-2021/

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