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Maritime Market News

Ocean Network Express has recorded its first profitable quarter

Ngày đăng: 05/08/2019 | Lượt xem: 95

Ocean Network Express has recorded its first profitable quarter since the Singapore – based container shipping line launched in April 2018. The company – a joint venture set up by Japan’s NYK, MOL and K line – posted a profit of $5m for the first quarter of financial year 2019 ended June 30, compared with loss of $120m during the same period a year ago. The carrier reported $586m losses for the previous fiscal year affected by a lack of staff and technical issues during its start – up period. 

(Source LL)

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