Japanese carriers report mixed 3Q results

Ocean

Friday, February 01, 2013

Japan's largest shipping companies reported results for their third fiscal quarters, ending Dec. 31. NYK, MOL, and "K" Line all have fiscal years that end on March 31. NYK reported a profit of 7.3 billion yen ($80 million) in the third quarter compared with a loss of 5.2 billion yen in the period a year earlier. The company had an operating loss of 2.1 billion yen compared to an operating loss of 6.4 billion yen in the third quarter of the prior year. Reve...

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