Asia/Europe volume suffers worst

Asia/Europe volume suffers worst OOCL revenue through 3Q down 39%
   The parent of Hong Kong-based liner carrier OOCL said Friday its revenue per TEU for the first nine months of 2009 was down 26.5 percent on the same period in 2008.
   OOCL parent Orient Overseas (International) Ltd. said volume for the line through the same period was down 17.1 percent, with revenue sliding 39 percent to $2.7 billion.
   The line handled 3 million TEUs in the first nine months of the year, down from 3.7 million in the same period in 2008.

OOCL to raise Europe-to-Asia rates