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NOL achieves turnaround in Q2

Fri, Jul 31, 2015 - 5:50 AM
melissat@sph.com.sg@MelissaTanBT

Singapore

SEVERE erosion in freight rates took its toll on container shipping firm Neptune Orient Lines (NOL) in the second quarter, which saw its liner business post a pre-tax loss even as it said in a press release on Thursday that its liner strategy was "gaining traction".

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