Japanese shipping groups K Line, MOL and NYK have reported a generally improving trend in their container sectors for their nine-month fiscal period ending on 31 December.
NYK remained profitable and MOL turned in a breakeven performance, but K Line slipped back into the red in the third quarter.
This was the penultimate quarter before the merger of their container businesses into Ocean Network Express (ONE) on 1 April.
For the nine-month period, K Line recorded a ¥7bn …

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Source: The Loadstar