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.

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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NYK Line heralds billion dollar loss after impairments

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Front page now

Royal Arctic Line's chief executive steps down

Seven Seas: Customers' green ambitions and actions don't align

Venture fund in Singapore wants increased business focus from start-ups

German bank to broker CO2 allowances to shipping customers

MSC chosen as strategic partner for ailing Spanish rail freight company

Grieg and Peak Group venture orders up to eight new vessels

First US bunkering terminal for LNG is on its way

Russian oil is trading closer to USD 100 than the G-7 price cap

Oil supermajor Saudi Aramco enters LNG

Norway increases support for developing countries' green shipping transition

Oil steady after technical resistance stalled blistering rally

It's time for DHL's new global head of ocean freight to prove he can be number one

Further reading

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

German logistics company wants to grow 250 percent by 2030

MSC chosen as strategic partner for ailing Spanish rail freight company

Seven Seas: Customers' green ambitions and actions don't align

Royal Arctic Line's chief executive steps down

Jobs