More red ink as APL is hit by low rates and congestion, but 2015 looks brighter

16/02/2015

NOL has posted a $260m full-year net loss for 2014 after the average freight rate earned from its APL liner services declined 2% year on year.

The Singapore-based company also blamed congestion at the US west coast ports for $15m of extra costs in the final ...

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More red ink as APL is hit by low rates and congestion, but 2015 looks brighter

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