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NOL moves 22% less cargo in 4 weeks to Apr 3

Posted on: April 28, 2009


Reuters – Tuesday, April 28

SINGAPORE, April 27 – Singapore’s Neptune Orient Lines <NEPS.SI>, the world’s seventh-biggest container shipper, said on Monday it carried 22 percent fewer containers in the four weeks to April 3 versus a year ago.

NOL said in a statement it carried the equivalent of 155,400 40-foot containers on its ships in the period ended April 3, down from 198,300 a year earlier.

The average revenue from each container fell 20 percent to $2,347.

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