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You are here: Home Archive 2009 October 29 Top Japanese lines file losses in first half

Top Japanese lines file losses in first half

by Marcus Hand - Lloyd's List last modified Oct 29, 2009 10:27 AM

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.

  
Top Japanese lines file losses in first half

For the six months 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 $8.8bn.

MOL reported a net loss of ¥10bn (US$108m) for the first...

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