MOL booked over $500m losses from vessel chartering to ONE
Japanese shipping giants time chartered ships to the container shipping joint venture at low rates amid weak market environment. But it expected the affiliate to contribute stable profit in future as synergetic effects materialise
The losses cover the entire chartering period of the vessels but are adjustable based on annual changes of market conditions
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792