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NOL move 21% less cargo in 4 weeks to March 6

Posted on: April 1, 2009


Reuters – Tuesday, March 31

SINGAPORE, March 30 – Singapore’s Neptune Orient Lines <NEPS.SI>, the world’s seventh-biggest container shipper, said on Monday it carried 21 percent fewer containers in the four weeks to March 6 versus a year ago.

NOL said in a statement its shipping arm APL carried the equivalent of 137,800 40-foot containers on its ships in the four weeks ended March 6.

The average revenue from each container fell 16 percent to $2,382.

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