Neptune Orient Lines (NEPS.SI) said on Monday its container shipping volumes for the seven weeks to Dec 31 rose 26% from a year ago, helped by higher traffic on the intra-Asia and Asia-Europe routes.
NOL, the world’s sixth largest container shipping firm, carried 394,500 forty-foot equivalent unit (FEU) during the seven-week period, up from 312,500 FEUs a year ago.
Volumes rose 8% over the same period last year on a normalised six-week period, the firm said.
The average revenue per FEU increased 21% year-on-year over the same period to US$2,647 ($3,396) per FEU, helped by improved freight rates on major trade lanes, in particular Tran-pacific and Asia-Europe.
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