Orient Overseas (International) Ltd 2011 AR2
The report outlines the financial and operational performance of Orient Overseas (International) Limited for the fiscal year 2011. Despite challenging trading conditions and downward pressure on freight rates, the company recorded a profit of US$181.6 million. Key strategic milestones included ordering ten energy-efficient 13,200 TEU vessels and making significant progress on the IRIS4 operating system. On the environmental front, the company achieved an average fuel sulfur content of 2.7%, well below the IMO standard, and reduced carbon dioxide emissions by over 27% since 2004 through its fuel-saving programs.
Company: Orient Overseas (International) Ltd
Sector: Transport & logistics
Country: Hong Kong
Year: 2011
Type: AR2
Pages: 138
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Orient Overseas (International) Ltd
Annual Report
The report outlines the financial and operational performance of Orient Overseas (International) Limited for the fiscal year 2011. Despite challenging trading conditions and downward pressure on freight rates, the company recorded a profit of US$181.6 million. Key strategic milestones included ordering ten energy-efficient 13,200 TEU vessels and making significant progress on the IRIS4 operating system. On the environmental front, the company achieved an average fuel sulfur content of 2.7%, well below the IMO standard, and reduced carbon dioxide emissions by over 27% since 2004 through its fuel-saving programs.
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Document Details
Report Year
2011
Reporting Period
Jan 1, 2011 - Dec 31, 2011
Fiscal Year
2011
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees