Tamai Steamship has swung to a bigger loss in the first half of the year on the back of smaller revenue.

The Japan-based company reported net deficit of JPY 878m ($8.4m), versus a loss of JPY 94m a year earlier.

Its negative bottom line result came on the back of JPY 1.74bn revenue, compared to JPY 2.99bn in the corresponding period of 2015.

Tamai