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MOL back in the black as domestic rivals struggle

NYK and K Line still turned in losses in fiscal year 2018 while MOL managed to return to the black. NYK's loss was mainly due to prudent impairment charges that will hold it in good stead for the future

All three lines expressed optimism that their investments in the ONE container shipping joint venture would finally bear fruit and foresaw a return to profitability in the year ahead

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