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News / Torrid Q4 for APL drags NOL down, but selling family silver cuts annual losses

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The container arm of Singapore-headquartered Neptune Orient Lines (NOL) suffered a torrid final three months of 2013, dragging down its parent to a net loss for the quarter of $137 million.

The loss is the consequence of an 8% year-on-year decline in container line APL’s average ...

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