Singapore's NOL posts Q4 loss

Reuters, 22 Feb 2012
Feb 22 (Reuters) - Singapore's Neptune Orient Lines Ltd, the world's sixth largest container shipping firm, reported on Wednesday a larger-than-expected fourth quarter loss due to high fuel costs and lower freight rates.
NOL, 67.5 percent owned by Singapore state investor Temasek Holdings Pte Ltd, posted a quarterly net loss of $320 million compared with a profit of $177 million a year ago. Full story