Subscribe to RSS feedNOL posts heavy third-quarter loss
by
Janet Porter, London
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last modified
Nov 05, 2009 03:17 PM
NEPTUNE Orient Lines expects to remain deep in the red well into next year, with depressed conditions in the container trades showing no sign of easing.
The Singapore line lost US$139m in the third quarter, compared with a profit of US$35m in the same period of 2008. That was the last time the company made money, with the fourth quarter of last year marking the start...
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