American ShipperShippingTrade and Compliance

OOCL’s Tung sees overcapacity but ‘positive results’ in 2014

· Monday, March 10, 2014

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OOIL Chairman C.C. Tung said that overcapacity will occur this year, stemming from
tonnage growth, but that there will be higher demand than in 2013. OOIL saw revenue of $6.23 billion in 2013, compared to $6.46 billion in 2012.

Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.