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Japanese carriers perform well

November 2, 2017
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Japanese carriers perform well

MOL's revenue grew by almost 15%

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Japanese carriers K Line, MOL and NYK all performed well in their half year reports ahead of their merger into Ocean Network Express (ONE) next April.

Of the three K Line reported the strongest growth in operating revenues, increasing by almost 18% year-on-year to ¥576bn (US$5.1bn).

MOL’s revenue grew by 14.8% to ¥819bn (US$7.2bn) while NYK’s reported a revenue increase of 14.6% with the figure hitting ¥1,064bn (US$9.3bn).

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