Singapore's NOL posts 6th straight quarterly net loss

Reuters, 8 Aug 2012
Aug 8 (Reuters) - Singapore's Neptune Orient Lines, the world's seventh-largest container shipping firm, reported its sixth consecutive quarterly net loss mainly due to one-time charges for restructuring and vessels held for sale.
The company posted a second quarter net loss of $118 million, compared with a $57 million net loss a year earlier and a $254 million net loss in its first quarter. Full story