NOL carried 34% more containers in May

June 21, 2010, 5.37 pm (Singapore time)


SINGAPORE - Singapore's Neptune Orient Lines (NOL), the world's fifth-biggest container shipping firm, said on Monday it carried 34 per cent more containers in the four weeks to May 28 compared with a year ago.

NOL said in a statement it carried the equivalent of 212,600 40-foot containers (FEUs) on its ships in the period, up from 159,100 a year earlier, as intra-Asia and trans-Pacific trade continued to recover.

The average revenue in the period from each container rose to US$2,768, up 19 per cent from a year earlier. -- REUTERS