Latest News Volume surge boosts OOCL revenue in second quarter Booking restrictions for India exports tighten amid rush Port of Houston’s plan for third container terminal put on fast track EPA proposal likely to cut truck costs, but little impact expected on capacity Oversupplied ocean carriers steaming toward excess capacity after 2026 More News ✕ More News & Analysis Volume surge boosts OOCL revenue in second quarter The strong Q2 performance is a clear indication of the financial rewards carriers are reaping from frontloading on the two main trades out of Asia. Booking restrictions for India exports tighten amid rush Ocean carriers are increasing penalties for cancelling orders and not delivering containers for services connecting India to Europe and North America. Port of Houston’s plan for third container terminal put on fast track While the port says the new terminal will not be needed for a decade, work needs to start now to be ready for future volume growth.