SINGAPORE: Neptune Orient Lines (NOL) said its shareholders have approved the sale of its crude oil transportation company, American Eagle Tankers (AET), to Malaysia International Shipping Corporation Bhd (MISC).
“NOL shareholders, at an extraordinary general meeting in Singapore (yesterday), voted unanimously in favour of the proposed sale of the entire share capital of AET, which is still subject to the approval of MISC shareholders,” the company said in a statement to the Singapore Exchange.