NOL says container shipping volumes rose 5% y-o-y fro Jun 4 to Jul 1

For the four weeks of P6 2011 (June 4  to July 1), Neptune Orient Lines says container shipping volumes increased 5% to 232,700 FEU (Forty-foot Equivalent Unit) while average revenue per fell 13% to US$2,513 over the same period last year.

The increase in volume was mainly due to higher volumes carried on the Intra-Asia trade. The decline in average revenue per FEU was mainly due to lower rates in the Asia-Europe trade lane.

For P6 YTD 2011, container shipping volumes increased 8% to 1,455,700 FEU while average revenue per FEU fell by 3% to US$2,570, over P6 YTD 2010 levels.