News / 'Sluggish' container trades drag Japanese shipping lines into the red

01/08/2016

First-quarter results from Japanese carriers K Line, MOL and NYK were dragged down by a weak container market, their box businesses dragging down more profitable operations.

K Line lost ¥26.8bn ($260m) in the three months to June 30, compared with an ¥10.2bn profit in the same period ...

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