Subscribe to RSS feedTop three Japanese owners slip into red
by
Marcus Hand, Singapore
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last modified
Nov 05, 2009 03:17 PM
ALL of Japan’s top three shipowners – Mitsui OSK Lines, K Line and NYK – sank into the red for the first half of the year, with only MOL still forecasting full-year profit.
For the six-month period to September 30, K Line reported a US$479.5m net loss on revenues of US$4.4bn, while NYK racked up net losses of US$325.4m with revenues of US$8.8bn.
MOL reported a net loss of ¥10bn (US$108m)...
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