Orient Overseas International Ltd

MPJ Logistics, or MPJ, has partnered with OOCL Logistics to open OM Depot Bangkok, a new container yard spanning 38,400 square metres in the strategic location of Lat Krabang. The facility supports container throughput of up to 10,000 TEUs per month, with trial operations beginning in January 2026 and average monthly throughput already reaching 7,500 TEUs, quickly pushing utilisation to 70%. This collaboration expands the customer base and links end-to-end logistics networks from Laem Chabang to central Bangkok and surrounding areas. It also reinforces positive signals from a strongly recovering logistics industry and represents a new S-curve that increases recurring revenue, strengthens cash flow stability, and creates long-term value for shareholders.

Orient Overseas Container Line reported a 19.8% year-over-year increase in second-quarter 2026 revenue to $2.537 billion, driven by robust trans-Pacific performance. Total liftings rose 8.8% to 2.135 million TEUs, while average revenue per TEU grew 10.1%. Trans-Pacific volume surged 21.5% to 608,979 TEUs and revenue climbed 29.3% to $973.7 million. Asia-Europe liftings increased 6.9% with revenue up 17.6%, and Intra-Asia/Australasia remained the largest revenue contributor at $850.8 million, a 16.8% rise. First-half liner revenue grew 5.5% to $4.675 billion, with volume up 5.2% to 4.132 million TEUs.