The Hong Kong company records a drop in revenue to 2.26 billion dollars. Asia-Europe and Asia-North America routes are in sharp decline. New port tariffs from the US also arriving
Hong Kong – Oocl (Orient Overseas Container Line) recorded a sharp drop in revenue in the third quarter of 2025, with turnover falling by over 25% on an annual basis, stopping at 2.26 billion dollars. This was reported by the Hong Kong company itself, controlled by the Chinese group Cosco, in a quarterly update.
Against a marginal growth in container traffic (+0.7%), the yield per unit transported decreased by 26.5%, with routes from Asia to Europe recording the heaviest decline (-38.3%) and those on the Pacific-North America axis down by 33.2%.
Adding to the worsening scenario for Oocl is the introduction, starting from October 14, of the new extraordinary port taxes imposed by the United States on ships linked to Chinese interests. Since the company is controlled by Ooil, in turn part of the Cosco group, and mainly uses ships built and registered in China, it could find itself paying millions of dollars for each call at American ports.
Despite the difficulties, the company reiterated at the end of September its commitment to customers and partners, assuring that it will continue to guarantee punctuality, reliability and competitive rates “in line with market practices”. In a statement, Oocl stated: “Our future in the United States is solid. We will continue to protect our customers’ interests and offer a wide range of reliable services under our brand”.