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You are here: Home → Archive → 2009 → Mar → 23 → OOCL cuts capacity as profit, demand slump

OOCL cuts capacity as profit, demand slump

by Obsidian — last modified Mar 23, 2009 12:00 AM

by Lloyd's List in London 11:25AM, 23 Mar 2009

Orient Overseas Container Line is set to reduce capacity by 20% by the end of this year as it redelivers chartered-in tonnage and suspends services in the face of a global crash in the container trades.

Chief financial officer...

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