US Bans Imports From Chinese Fishing Company Citing Seafarer Welfare
By David Lawder (Reuters) – U.S. Customs and Border Protection on Friday imposed a new import ban on seafood from a Chinese fishing fleet that the agency says is using...
SINGAPORE (Dow Jones) –Container shipper Neptune Orient Lines Ltd. (N03.SG) said Monday it plans to sell its headquarters building in Singapore to raise funds for strategic investments.
In a statement, NOL said it has appointed real-estate consultancy Jones Lang LaSalle to market the 26-floor building, located at Alexandra Road in southern Singapore. The company hasn’t yet set a reserve price for the sale, and didn’t specify a time frame for the planned sale.
NOL, which has about 500 staff in the building, will put off a decision on whether to relocate its employees or remain in the building as a tenant until a buyer is identified.
– Chun Han Wong, Dow Jones Newswires
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