Yields continue to fall for NOL
published: cw 51, 2006 in Logistics & ShippingSingapore based shipping and logistics group NOL has published details of its operating performance year-to-date 2006 and for the 4 weeks (Period 11) from 21 October 2006 to 17 November 2006.
In its liner division year-to-date container volumes were 7% higher year on year with Period 11 volumes increasing 13%. Over the same period average revenues per FEU declined 7% while P11 average revenues per FEU declined 12% over the corresponding period last year, reflecting changes in both rates and trade mix.
In its Logistics division overall revenues year to date were 2% higher while P11 revenues were 9% lower than the same period last year.
Source: NOL
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