• BIST 102.270
  • Altın 149,533
  • Dolar 3,5485
  • Euro 4,2033
  • İstanbul 23 °C
  • Ankara 15 °C

Japan's Top 3 Shippers Sail to Profit in Q1

Japan's Top 3 Shippers Sail to Profit in Q1
The healthy international trade and cost cutting measures augurs well for Japan's to three marine shippers - Nippon Yusen, Mitsui O.S.K. Lines and Kawasaki Kisen Kaisha - reported Nikkei.

The report said that the three companies are expected to post a group pretax profit for April-June, the first time in seven quarters. 

According to the report, Mitsui O.S.K.'s pretax profit likely tripled on the year to around 2 billion yen ($17.7 million), while Nippon Yusen's is seen reaching about 5 billion yen after a year-earlier pretax loss of 9.9 billion yen. 

Kawasaki Kisen also is expected to book a profit, rebounding from a loss of 22.5 billion yen the year before, said the report.

Demand was strong for container shipping between Asia and Europe. Shipments of garments from Asia grew, as did those of goods such as furniture and medical equipment from Europe. 

In addition, cost-cutting efforts bore fruit. Nippon Yusen fine-tuned its orders so as to run its containerships with loads as full as possible.

This news is a total 161 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
  • ICTSI to operate two poerts in Papua New Guinea25 September 2017 Monday 17:03
  • Diamond Offshore in negotiations for Chinese drillship25 September 2017 Monday 16:01
  • GC Rieber Shipping secures CSV extension25 September 2017 Monday 15:16
  • Cochin Shipyard plans dramatic expansion across India25 September 2017 Monday 14:49
  • Iran and Kazakhstan from shipping JV25 September 2017 Monday 14:05
  • DP World, Suez Canal to Build Egypt El Sokhna25 September 2017 Monday 13:23
  • Transocean Retires Six Floaters25 September 2017 Monday 12:46
  • Navy to Change USS Fitzgerald’s Homeport to Pascagoula25 September 2017 Monday 12:19
  • Twice-Rejected U.S. LNG Exporter Tries Again25 September 2017 Monday 11:36
  • Water and Sand Weighing Down Casino Ship25 September 2017 Monday 00:02
  • All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
    Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |