OOCL gains market share in Q1, with 'very strong' financials unveiled by Cosco
Volumes carried by Cosco-owned container line OOCL in the first quarter soared, compared with the ...
The liner divisions of Japanese shipping groups K Line, MOL and NYK all posted positive contributions in the second quarter, ahead of their merger into the Ocean Network Express (ONE) next April.
Revenue for the container sector of K Line between April and September, which includes logistics and terminals, came in at ¥157.3bn (US$1.4bn) resulting in ordinary income of ¥2.9bn.
In the same quarter of the previous year, it reported a loss of ¥8.7bn on turnover of ¥124.7bn.
Year-on-year, K Line grew volumes by some 14% ...
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