Singapore-based NOL’s net loss was $118 million, weighed down by $112 million of restructuring charges.

Singapore-based NOL’s net loss was $118 million, weighed down by $112 million of restructuring charges.

NOL’s one-time charges mainly came from its plan to sell vessels that have not performed well to make way for newer and more fuel-efficient vessels

www.theedgesingapore.com/the-daily-edge/business/39102-neptune-orient-tumbles-on-loss-china-exports-singapore-mover-.html

Same for NOL!!!

With such high fuel prices, even the airlines are rushing to buy 737 MAX & 320 NEO!

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