Monday, January 30, 2012

NOL's revenue per container fell 14% in 6 wks to Dec 30

Neptune Orient Lines, the world’s sixth largest container shipping firm, said average revenue per container fell 14% in the six weeks to Dec 30 due to lower rates in major trade lanes.

NOL said the average revenue fell to US$2,265 ($2,853) per forty-foot equivalent unit (FEU) during the period, down from US$2,647 a year earlier.

The Singapore firm carried 357,909 FEU during that period, up 6% from a year ago.

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