Newly established ONE expects major deficit in its first year
Japanese liner company Ocean Network Express now downgrades its expectations for the rest of the year. Where the company previously expected a profit, it now looks set to book a major deficit for the full year.
by SØREN PICO
Six months after its creation, new liner company Ocean Network Express, ONE, is now downgrading its guidance, replacing an expected profit with a major deficit, according to updates from the two Japanese shipping companies K-Line and Mitsui OSK Lines (MOL).
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