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K Line cuts management pay amid heavy losses

Japanese shipping line says the move will help to recover its bottom line. The company was hit hard last year by its containership and car carrier businesses performing poorly

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The saving measure came after the company lost $1bn in the 2018 fiscal year and vowed to recover its profitability

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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