The Singaporean containership company attributed that figure to the decrease in liner revenue from lower volume.
NOL Group also recorded a slight decrease in revenues by achieving $2.05bn during the second quarter compared to $2.06bn during 2013.
However, the company managed to improve its core earnings before interest, taxes, depreciation and amortisation (EBITDA), doubling it to $78m compared to last year's $39m.
Ng
