You are here

Shipping overcapacity sinks NOL deeper into the red in Q1


NEPTUNE Orient Lines (NOL) on Friday reported a wider net loss for the first quarter in 2016 from a year ago, reflecting the worsening overcapacity of shipping tonnage carried over from 2015 into the first three months of the year.

This comes as French shipping company...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to