NOL box volumes plummet at the end of 2008

Container shipping volumes fell by nearly a quarter in late 2008 for Singapore’s Neptune Orient Lines (NOL).

The company stated that from November 15 to December 26, 2008, its box volume fell 24 percent, as compared with the same period for 2007. In the six-week period in 2008, NOL moved 218,000FEU, as compared with 288,600 in 2007.

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