Earnings release
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . ORIENT OVERSEAS ( INTERNATIONAL ) LIMITED 東方 海外 ( 國際 ) 有限公司 * ( Incorporated in Bermuda with members ' limited liability ) ( Stock code : 316 ) UNAUDITED QUARTERLY OPERATIONAL UPDATE FOR THE FIRST QUARTER ENDED 31ST MARCH 2021 The Board of Directors ( the " Board " ) of Orient Overseas ( International ) Limited ( the " Company " ) has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line ( “ OOCL " ) on a quarterly basis . This announcement sets out the unaudited operational update for OOCL for the first quarter ended 31st March 2021. The comparative figures for the first quarter ended 31st March 2020 are also disclosed in this announcement . For the first quarter ended 31st March 2021 , total volumes were 23.8 % up from the same period last year . Total revenues increased by 96.0 % to US Dollars 3,018.4 million . Loadable capacity increased by 15.0 % . The overall load factor was 6.2 % higher than the same period in 2020. Overall average revenue per TEU increased by 58.3 % compared to the first quarter of last year . - 1 -