South & Central Asia – Page 78

Japanese Big Three Deliver Profit as Liner Trade Business Improves

NYK, MOL and K Line wrapped up the first half of the fiscal year 2019 with a profit.

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Hunter Group’s third new VLCC was subsequently delivered it to its new Far Eastern owner.

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The deal was agreed with a Japanese shipowner for the 2011-built IVS Magpie.

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Greater China region volumes increased by 3.2% to 25.2 million TEUs, accounting for 77.8% of the total throughput.

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Pulp, timber and forest product related cargo would be shipped from New Zealand’s ports to Asian ports.

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