NOL carried 18% more cargo in 4 wks to July 23

Written by Thomson Reuters


Monday, 16 August 2010 21:12

Singapore’s Neptune Orient Lines (NOL), the world’s sixth-largest container shipping firm, said on Monday it carried 18% more containers in the four weeks to July 23 compared to a year ago.

NOL said in a statement it shipped the equivalent of 220,200 40-foot containers (FEU) on its vessels in the period, up from 187,400 a year earlier, mainly due to higher shipments on trans-Pacific and Asia-Europe routes.

The average revenue in the period from each container rose to US$3,076 ($4,197), up 39% from a year earlier.