NOL

NOL: Counter has jumped ~17% over the past week, with the increase largely attributable to the recent slump in oil prices. Separately, the Edge Daily added that the strength in the US economy could be another reason for the group’s share price outperformance, given that the transpacific rote between Asia and US is the largest revenue contributor to the group. With shipping lines having spent the last few years exercising capacity discipline and upgrading to more fuel efficient vessels, some analysts are optimistic that these actions could start bearing fruits in 2015, adding that supply could fall short of demand this year, as shipping alliance scale back on their capacity. NOL currently trades at 1.0x P/B.