News / Mixed fortunes in 2014 for Japanese carriers haunted by overcapacity fears

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There were mixed fortunes last year for Japan’s major ocean carriers, K Line, MOL and NYK, and the spectre of overcapacity is hanging like a black cloud over the outlook for their liner business.

In the fiscal year ending 31 March 2015, K Line’s container arm enjoyed 4.3% year-on-year growth in volumes to reach 3.1m teu – the highlights being an 6% increase in liftings between Asia and Europe and a 10% hike in containers from Asia to the US.

However, revenue ...