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OOCL sees no transpacific peak season this year

Ongoing US-China trade war has put a damper on container shipping volumes on the transpacific trade this year, and a repeat of last year’s wave of tariff-led frontloading has yet to be seen. But the company’s top management believes healthy US consumption and reduced vessel supply would continue to support freight rates

Hong Kong-listed OOIL recorded a strong financial performance in the first half of 2019, with a net profit of $139m

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