In the first half of this year, the rapid Decline in the value of Orient Overseas (International) revenues Ltd. (OOIL) of the Chinese shipping group COSCO Shipping in the previous three semesters, after the historical peak recorded by All major container shipping companies World. In the first six months of 2024, in fact, OOIL's revenues amounted to $4.64 billion, an increase of +2.3% on the same period last year, which was entirely generated by the +19.2% increase in revenues produced in the Asian market, which amounted to 3.66 billion, which more than offset the sharp declines in revenues produced in the market in the Americas and in the Australia and of Africa, which amounted to 561.0 million (-36.8%), $281.7 million (-29.7%) and $137.8 million (-22,5%).

Half-year EBITDA decreased by 18.6% falling to $1.28 billion and decreasing are operating profit and net profit also to $834.9 million (-26.4%) and $834.0 million, respectively (-26,2%).

In the first six months of 2024, the Cannes Container Ship fleet OOIL operated under the brand name Orient Overseas Container Line (OOCL) has transported containerized cargo equal to 3.68 million TEUs (+2,1%).