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Indiaexportnews.com

Box volumes up 14pc

  27.08.2008    

During the four weeks ending July 25 the Singapore-based parent Neptune Orient Lines (NOL) reported throughput of 209,800 FEU in the same period last year, a 14 per cent jump.
An improvement of revenue per FEU showed a nine per cent increase of US$3,074 from $2,821 which the company attributed to bunker surcharges on major trade lanes and greater intra-Asia movement and transpacific backhaul, reported the American Shipper.
So far this year the company is reporting 13 per cent more volume to 1.48 million FEU, averaging $2,986 revenue per box, a 14 per cent increase.



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