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Orient Overseas revenue growth slows.(Transportation: Maritime)(Orient Overseas Container Line Ltd.)(Brief Article)
Orient Overseas (International), which operates Asia's seventh-biggest container shipping line, said fourth-quarter revenue rose 2.2 percent last year, a slower rate of growth as it filled less cargo space.
Revenue at Hong Kong-based OOCL increased to $1.02 billion in the three months ended Dec. 31 from $998 million in the same period a year earlier, the company said in a statement. Cargo volume grew 3.5 percent to 900,629 TEUs.
Fourth-quarter sales growth at OOCL compared with a 9.3 percent rise in the three months ended September …
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