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.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading