Numerous contenders looking to acquire NOL

Singapore's Neptune Orient Lines (NOL) has a fairly young fleet, a factor that makes the carrier interesting to three competitors in particular.

UASC (United Arab Shipping Company), Hapag-Lloyd and Hamburg Süd are mentioned among shipping analysts as potential buyers for Singapore-controlled container carrier Neptune Orient Lines (NOL).

In spite of recent years' pressure on the container industry, and prospects of excessive capacity for at least some time yet, NOL's new ships and the carrier's 2.8 percent market share makes the company an interesting acquisition subject to several competitors.

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