Singapore's NOL moves 14 pct more cargo in July

Singapore's Neptune Orient Lines, the world's seventh-biggest container shipping firm, said it carried 14 percent more containers on its ships in the four weeks to July 25 compared with the same period a year ago. The company said in a statement on Monday that its shipping arm APL carried the equivalent of 209,800 forty-foot containers on its ships in that period. The average revenue on each container carried by the state-controlled firm rose 9 percent to $3,074, from $2,821 in the same period a year ago.