sector: Industrials ·
industry: Marine Transportation ·
As of
26 Nov 2009
1.55SGD
Neptune Orient Lines Limited (NOL) is a Singapore-based shipping and transportation company. The Company operates in three segments: container shipping, terminals and logistics. The container shipping offers services in trade lanes, such as Transpacific, Intra-Asia, Transatlantic, Latin America and Asia-Europe. In logistics, the range of services include consolidation, warehousing, global freight management (ocean, air, truck and rail), domestic distribution networks, international deconsolidation and information technologies that provide information to manage supply chain activities. The terminals segment operates container terminals and provides other related services. In September 2009, the Company acquired Terminal Synergy Pte. Ltd. from Kingfisher Assets Pte. Ltd.
BRIEF: For the nine months ended 18 September 2009, Neptune Orient Lines Ltd.'s revenues decreased 36% to $4.50B. Net loss totaled $529.7M, vs. an income of $231.6M. Revenues reflect a decrease in income from Container Shipping, Logistics and Terminals division. Net loss reflects the presence of gross loss vs. a profit, a decrease in other income, a decrease in finance & investment income and increased finance expenses.
Neptune Orient Lines Limited
456 Alexandra Road
NOL Building #06-00
Singapore 119962