On July 13, Orient Overseas (International) Limited announced robust second-quarter results for 2026, with both volumes and freight rates rising on the Transpacific and Asia-Europe trades, driving a near 20% year-on-year increase in revenue.

According to the announcement, OOCL's second-quarter Transpacific liftings reached 608,979 TEU, representing a 21.5% increase over the same period last year. This growth reversed a 5.9% year-on-year decline recorded in the first quarter of 2026, resulting in overall Transpacific liftings for the first half of 2026 rising 7.1% year-on-year to 1.13 million TEU.

Overall, total liftings across all trades in the first half of 2026 rose 5.2% to 1.94 million TEU. The weakest performance was on the Transatlantic trade, where first-half volumes were essentially flat, ultimately posting a marginal 0.3% increase to 284,377 TEU.

OOCL's total route revenue for the first half increased 5.5% year-on-year to **US$4.68 billion**, with overall average revenue per TEU edging up 0.2% compared with the same period last year. The Transatlantic trade was the only route to register a revenue decline, falling 2.7% year-on-year to US$354.5 million for the first half.

Second-quarter revenue growth was notably stronger. For the three months ended June 30, 2026, route revenue surged 19.8% year-on-year to US$2.537 billion. Total liftings rose 8.8%, while capacity increased 6.3%. The overall load factor improved by 1.9 percentage points compared with the second quarter of 2025, and average revenue per TEU increased 10.1% year-on-year.

By trade, Transpacific revenue jumped 29.3%, Asia-Europe revenue grew 17.6%, and Intra-Asia/Australasia revenue rose 16.8%, while Transatlantic revenue declined 1.3%.