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China Shipping Container Falls on Europe, Freight Rates - Bloomberg

China Shipping Container Falls on Europe, Freight Rates Bloomberg China Shipping Container Lines Co. (2866), the nation's second-biggest cargo-box carrier, plunged the most in almost seven months because of concerns Europe's economic recovery may wane and about lines' inability to raise rates. The operator dropped as ... and more »

NOL's 1Q loss widens as freight rates drop - BusinessWeek

NOL's 1Q loss widens as freight rates drop BusinessWeek Neptune Orient Lines Ltd., the world's sixth-largest container carrier, said Wednesday losses surged in the first quarter amid higher fuel costs and lower freight rates. NOL said its loss in the January to March period ballooned to $254 million from ... and more »

NOL's 1Q loss widens as freight rates drop - CBS News

The Handy Shipping Guide

NOL's 1Q loss widens as freight rates drop CBS News SINGAPORE — Neptune Orient Lines Ltd., the world's sixth-largest container carrier, said Wednesday losses surged in the first quarter amid higher fuel costs and lower freight rates. NOL said its loss in the January to March period ballooned to $254 ... Fuel And Freight Rates Must Rise Says Sixth Largest Container Shipping GroupThe Handy Shipping Guide all 25 news articles »

STOCKS NEWS SINGAPORE-NOL outperforms in flat market - Reuters

STOCKS NEWS SINGAPORE-NOL outperforms in flat market Reuters Singapore shares were flat by midday but container shipping firm Neptune Orient Lines outperformed the broader market after cancelling a loop plan. The Straits Times Index was little changed at 3005.9, though it fared better than MSCI's broadest index ... and more »

Container Lines Seen Ending Losses After Rates Jump 36% - BusinessWeek

Container Lines Seen Ending Losses After Rates Jump 36% BusinessWeek That change has caused companies including Maersk Line, CMA CGM SA and Mediterranean Shipping Co., the world's three biggest, to slow ships and pool vessels with rivals to pare overcapacity. “We have to stop trying to outgrow each other,” Soeren Skou, ... and more »