ONE first-quarter losses impact partners

03 Aug ONE first-quarter losses impact partners

Ocean Network Express, the container shipping joint venture set up by NYK, MOL and K Line, posted $120m net loss in its first quarter since starting operation in April.

The loss was mainly attributed to lower lifting volume caused by “teething problems that affected service quality during the operation start-up period”, ONE said in a briefing material.

Read more

Share now
No Comments

Post A Comment

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close