Japan's MOL heralds huge loss on bulk and container
One of the world's largest carriers, Japanese Mitsui, plans to reform its dry bulk and container business in a move that will trigger a deficit of close to USD 1.5 billion, informs the carrier.
BY OLE ANDERSEN
Japan's Mitsui O.S.K. Lines will book an extraordinary loss of close to USD 1.5 billion in the current fiscal year, which ends in March 2016, as part of a planned restructuring of the group's dry bulk and container business, informs the carrier in a statement.
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