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Loadable capacity increased by 14.0%. The overall load factor was 4.4% higher than the same period in 2015. Overall average revenue per teu decreased by 8.2% compared to the fourth quarter of last year.

For the full year of 2016 (ended 31st December 2016), total volumes increased by 9.1% over the same period last year and total revenues recorded a 9.9% drop. Loadable capacity increased by 5.9%. The overall load factor was 2.5% higher than the same period in 2015. Overall average revenue per teu decreased by 17.4% compared to the same period last year

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CAUTION STATEMENT

The Board wishes to remind investors that this operational update for the fourth quarter ended 31st December 2016 is based on the Group’s internal records and management accounts and has not been reviewed or audited by the auditor. Investors are cautioned not to rely unduly on the operational update for the fourth quarter ended 31st December 2016. Investors are advised to exercise caution in dealing in the shares of the Company.

Source: OOCL
2017-01-30

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