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NYK Line heralds billion dollar loss after impairments

The challenging market in several of NYK Line's segments now prompts the Japanese carrier to herald a deficit of USD 1.88 billion for the current quarter. This is primarily attributable to one-off impairments on the fleet value.

Photo: PR-foto: G. Assner

BY JOHANNES HARTKOPF-MIKKELSEN

Japanese carrier NYK Line is facing a loss in the current quarter of 195 billion yen, or approximately USD 1.88 billion, informs the company in a statement.

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