Singapore’s Neptune Orient Lines Limited (NOL) said it has reached a conditional agreement to sell its product tanker and bunkering business Neptune Associated Shipping Pte Ltd (NAS) to a wholly-owned subsidiary of Hong Kong-listed oil services company Titan (Holdings) Limited, Titan Orient Lines Pte Ltd. The sale of NAS, which is due to be completed…
SINGAPORE: NOL Group exits tanker business with sale of subsidiary
Posted on February 23, 2004 by EnergyAsia