Ultra-large Container Ship ONE Columba on Elbe river
Photo: © Eyewave Dreamstime.com

Japanese ocean carrier ONE has reported a profit of $515m for its second quarter, between July and September, and said it was on track to be $1bn in the black for the full year.

It was, however, still cautious about mid- to long-term prospects due to the “very uncertain” impact of the pandemic on cargo demand.

The merged container business of K Line, MOL and NYK is the first major carrier to report financial results for Q3 in what is expected to ...

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