Japanese carriers post growth in quarterly results

K Line announced growth in container traffic and finances in its quarterly report, while Japan’s two other major carriers also performed well financially.

K Line registered a 14% rise in container handled, with particularly good performances in its Asia-Europe and intra-Asia services, where volumes grew by 14% and 10% respectively.

However, its Asia-North America and North-South services struggled. They registered a growth of 1% and a loss of 3% correspondingly.