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

SINGAPORE - Singapore's Neptune Orient Lines (NOL), the world's sixth-largest container shipping firm, said on Monday it carried 18 per cent 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, up 39 per cent from a year earlier. -- REUTERS