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Mixed signals from Japanese carriers

Things went up as well as down for the three major Japanese container carriers NYK, K-Line and MOL in the first nine months of the displaced fiscal year 2014.

Photo: APM Terminals

The three major Japanese container carriers MOL, NYK and K Line experienced widely different developments in the first nine months, according to reviews of the 3rd quarter in the displaced fiscal year 2014.

The smallest of the three carriers, K Line, achieved significant growth in the period, more than doubling the company's net result, while Mitsui OSK Line (MOL) - the biggest of the three - saw its result drop 16 percent compared to the first nine months of 2013, according to the interim report.

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