Merger-bound CSCL heralds massive deficit for 2015

Container carrier China Shipping Container Lines (CSCL) warns that 2015 will end with losses and impairments totaling more than USD 426 million.
Photo: Seanews.com
Photo: Seanews.com
BY OLE ANDERSEN

Chinese China Shipping Container Lines (CSCL) informs in a profit warning that the carrier expects a total deficit of about USD 426 million in 2015, with operational losses accounting for a majority of the deficit.

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