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Maritime Market News

ONE first-quarter losses impact partners

Ngày đăng: 02/08/2018 | Lượt xem: 565

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.

The Japanese-owned, Singapore-based carrier was earlier hit by booking system issues owing to insufficient manpower and preparation of the administrative processes.

ONE’s revenue in the first quarter stood at $2.1bn, while combined liftings on transpacific and Asia-Europe westbound trades amounted to 842,000 teu.

The company forecast a gradual recovery in performance for the fiscal year to March 31, 2019.

The company estimated a net profit of $82m and $147m net in the second quarter and second half of the year.

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Chỉ số Thị trường

EXCHANGE RATES
  07 - Jun 31 - May CHG
$-VND 25,453 25,474 18
$-EURO 0.918 0.922 4
SCFI 3,185 3,045 140

 

BUNKER PRICES
  07 - Jun 31 - May CHG
RTM 380cst 462 486 24
 LSFO 0.50% 521 522 1
MGO 701 735 34

SGP

380cst 505 534 29
 LSFO 0.50% 571 595 24
MGO 684 708 24