Top Japanese lines file losses in first half
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 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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