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Red ink at NOL

Container shipping and logistics giant Neptune Orient Lines (NOL) today reported a net loss of US$67 million for the first half of 2011 compared to a US$1 million net profit in the

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Gladding-Hearn delivers boat to Fire Island Ferries

Gladding-Hearn Shipbuilding, Duclos Corporation, Somerset, Mass., recently delivered a new high-speed ferry to Fire Island Ferries, Inc., for operation on the south shore of Long Island in New York. The new 387-passenger,