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ONE posts maiden quarterly profit

Japanese carrier reports $5m profits for the first quarter of the financial year 2019 ended June 30, compared with a loss of $120m during the same period a year ago. It is also installs scrubbers on some of its larger vessels, targeting the industry’s average installation rate as a benchmark

ONE has revised up its forecast of profit for this fiscal year to $90m because of a stronger performance in the first quarter

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