Home THE DAILY EDGE Business NOL says container shipping volumes up 32% and average revenue up 12% in Period 3
NOL says container shipping volumes up 32% and average revenue up 12% in Period 3

Tags: Neptune Orient Lines | NOL

Written by The Edge   
Monday, 26 April 2010 17:38
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Neptune Orient Lines says for the four weeks from March 6 to April 2 (Period 3, 2010), container shipping volumes increased 32% to 204,000 FEU (Forty-foot Equivalent Unit) over the same period last year mainly due to higher volumes carried from the Transpacific and Intra-Asia trade lanes.

Average revenue per FEU was US$2,622 ($3,586) or 12% above the same period last year, largely due to improved core freight rates and higher bunker recovery, particularly on the Asia-Europe trade lane.

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Last Updated on Monday, 26 April 2010 17:38