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Posted by Dale Crisp
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12 Oct, 2026
ORIENT Overseas International Limited, parent of OOCL, has revealed a healthy third quarter 2026 result, easily eclipsing the equivalent quarter last year, and for the first three quarters.
Usually one of the first carriers to release results and thus deemed an industry bellwether, OOCL saw liner revenue increased by 45.1% to USD 3,28bn, as compared with the same period in 2025, according to the unaudited operational update.
Total liftings increased by 9.0% and the loadable capacity grew by 3.6%. The overall load factor increased by 4.2% compared with the same period in 2025.
Overall average liner revenue per TEU increased by 33.1% compared with the third quarter of last year.
For the first nine months ended 30 September 2026, liner revenue and total liftings increased by 18.9% and 6.5% over the same period last year, respectively. Loadable capacity grew by 4.8%, while the overall load factor increased by 1.4% compared with the same period in 2025.
Overall average liner revenue per TEU increased by 11.6% compared to the same period last year.
Total liftings for all OOCL services were 2,122,645 TEU for Q3 2026, compared with 1,947,139 TEU in Q3 2025. For the first three quarters of 2026 total liftings reached 6,245,471 TEU versus 5,873,418 TEU three quarters of the way through 2025.
For the Intra-Asia/Australia segment, liftings were up 4.6% year-on-year, to 981,336 TEU while revenue jumped 23.7% to USD 947,586,000. For the three-quarter period volume rose 3.8% to 2,295,015 TEU and revenue lifted a hefty 13.8% to USD 2,547,086,000.
Revenue and volume rose on all main tradelanes with the Trans-Pacific leading the former (+ 71.8%) and Asia-Europe the latter (+ 15.4%).
As always, the OOIL board reminds investors that the operational update for the third quarter ended 30 September 2026 is based on the Group’s internal records and management accounts and has not been reviewed or audited by the auditor.
