The christening ceremony of vessel OOCL Hong Kong at Hong Kong International Terminals, the largest container vessel to go on Hong Kong's ship register. OOIL has recorded a loss of US$56.66 million in six months ended June 2016, compared to a profit of US$238.63 million in the same period last year. Photo: SCMP

Shipping giant OOIL delivers interim US$56m loss, against US$239m profit last time

Chairman Tung Chee Chen says falling consumer demand and investment meant cargo volume growth ‘has been uninspiring’

TOP PICKS

The christening ceremony of vessel OOCL Hong Kong at Hong Kong International Terminals, the largest container vessel to go on Hong Kong's ship register. OOIL has recorded a loss of US$56.66 million in six months ended June 2016, compared to a profit of US$238.63 million in the same period last year. Photo: SCMP
READ FULL ARTICLE