Mitsui OSK Lines (MOL) has reported a loss for the full-year of JPY 47.3bn ($446m), figures released Friday show.
The results were impacted by a JPY 73.4bn extraordinary loss related to the integration of its containership business into the new Ocean Network Express (ONE).
Stripping this one off cost out the Japanese shipowner said its overall full-year performance saw a “significant improvement”.
