Orient Overseas (International) (0316) Q2 2025 earnings summary

Executive summary

• Q2 2025 liner revenue fell 6.5% year-over-year to $2,118.1 million, with total liftings up 4.4% and loadable capacity up 7.5%.

• Overall load factor declined 2.4% and average revenue per TEU dropped 10.4% compared to Q2 2024.

• For the first half of 2025, liner revenue rose 4.4% and total liftings increased 6.8% year-over-year.

Financial highlights

• Q2 2025 total revenue: $2,118.1 million, down 6.5% year-over-year.

• 1H 2025 total revenue: $4,431.8 million, up 4.4% year-over-year.

• Q2 2025 average revenue per TEU decreased 10.4% year-over-year.

• 1H 2025 average revenue per TEU decreased 2.2% year-over-year.

Segment performance

• Q2 2025 Trans-Pacific liftings fell 4.3%, revenue down 18.3% year-over-year.

• Asia/Europe liftings up 3.1%, revenue down 14.7% year-over-year.

• Trans-Atlantic liftings up 20.5%, revenue up 25.4% year-over-year.

• Intra-Asia/Australasia liftings up 7.9%, revenue up 9.0% year-over-year.