Receive FREE Newsletter
Advanced Search
+

News / NOL sails back into the black, with much more to gain from cheap fuel than rivals

default_image
© Khunaspix Dreamstime.
By

After quarter upon quarter of reporting net losses, Singapore headquartered NOL will turn a profit this year of more than $200m.

This is according to a leading analyst, who adds that its liner shipping arm, APL, stands to benefit more than its competitors from low bunker ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    APL NOL The Purse Strings

    Most read news

    DHL Express facilities in Canada forced to shut down by strike

    New Middle East conflict brings airspace closures, flight chaos and oil price worry

    Latest Israeli attack on Iran a threat to box ships in Straits of Hormuz

    Industry concerns rise after yet another box ship on fire off Indian coast

    BYD launches logistics subsidiary – and eyes ports and shipping sectors

    Return of downward pressure on container spot freight rates

    New ocean capacity dump wipes out transpac gains

    Shippers wanting a return to Suez should be careful what they wish for

    China pushes Cosco participation in consortium eyeing Hutchison buy

    A dull airfreight market after front-loading push – carriers desperate for volumes

    Congestion at Chittagong as boxes pile up on docks and ships wait at anchor

    News in Brief Podcast | Week 24 | Ship fires, geopolitics and DSV drama

    Eastern Europe trade takes off as new air services generate excitement

    Shipper's logistics arm widens its focus and invests in airfreight

    Demand for Chinese exports 'a catalyst' for rate increases and port congestion

    Asia-Europe container volumes up 17% in two years