Financial Wire

Orient Overseas Logs Nearly 8% Drop in Q1 Liner Revenue

Orient Overseas (International)'s (HKG:0316) liner revenue fell 7.6% year over year in the first quarter of 2026 to $2.14 billion, according to a Friday Hong Kong bourse filing.Total liftings increased by 1.7% and the loadable capacity jumped 4.3%, while the overall load factor was 2.1% lower than a year prior.Whereas, average liner revenue per twenty-foot equivalent unit (TEU) fell 9.1% year over year, the container shipping and logistics company said.

-- Orient Overseas (International)'s (HKG:0316) liner revenue fell 7.6% year over year in the first quarter of 2026 to $2.14 billion, according to a Friday Hong Kong bourse filing.

Total liftings increased by 1.7% and the loadable capacity jumped 4.3%, while the overall load factor was 2.1% lower than a year prior.

Whereas, average liner revenue per twenty-foot equivalent unit (TEU) fell 9.1% year over year, the container shipping and logistics company said.