Orient Overseas (International) Limited (OOIL) together with its subsidiaries (the Group) announced a profit attributable to equity holders of US$2,577 million for 2024, and earnings before interest, tax, depreciation, and amortization (“EBITDA”) of US$3,536 million for the fiscal year 2024, marking an EBITDA margin of 33.0%, surpassing the company’s pre-COVID financial records. The Group achieved a new peak in cargo capacity, reaching 7.595 million TEU. For the year 2024, earnings per ordinary share were US$3.90. In recognition of the steadfast support from shareholders, the Board of Directors has recommended a dividend of US$1.32 per ordinary share.

Adapting to shifting trade dynamics, OOCL capitalized on the opportunity to accelerate the development of a low-carbon, eco-friendly fleet and to refine its route network strategy, reinforcing collaborations with numerous industry partners. The company not only sustained the robust growth of its traditional route operations but also achieved significant advancements in emerging markets.

In terms of digital innovation, OOCL has aggressively enhanced its value-added service offerings, methodically advanced the digitization and intelligence of its end-to-end business processes, and further elevated its supply chain product delivery efficiency.

Meanwhile, OOCL embraces a practical mindset towards environmental, social, and governance (ESG) responsibilities, proactively incorporating them into its daily operations, activities, and decision-making frameworks. In 2024, the successful introduction of OOCL Green zero-carbon, decarbonization service signified a collaborative step forward with the company’s partners in the pursuit of carbon-neutral shipping.

Looking into the future, a confluence of variables—including geopolitical dynamics, shifting trade patterns, and a proliferation of environmental regulations—has compounded the intricacies of the maritime industry. Nonetheless, OOCL stands prepared. With strategic backing from its two leading brands, the company is poised to confront both opportunities and challenges by optimizing vessel efficiency, maintaining stringent cost control, fostering innovative thinking, and deploying prudent and agile management tactics. OOCL is committed to constructing a sustainable and intelligent conduit for global trade through high-quality services and dependable product offerings.