Neptune Orient Lines confirmed that it had agreed to sell its stake in cargo shipper Lorenzo Shipping to the Philippines’ National Marine Corp, as part of its efforts to focus on its core businesses. NOL will sell 28.7 percent of outstanding common shares and 82 percent of the redeemable preferred shares in Lorenzo.
Green Marine
about 21 years ago
NOL confirms sale of stake in Lorenzo Shipping
Neptune Orient Lines confirmed that it had agreed to sell its stake in cargo shipper Lorenzo Shipping to the Philippines’ National Marine Corp, as part of its efforts to focus on its core businesses. NOL will sell 28.7 percent of outstanding common shares and 82 percent of the redeemable preferred s
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