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20 November 2018 The on-line newspaper devoted to the world of transports 13:26 GMT+1



October 31, 2018

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Original news
Also in the quarter July-september the results of the ONE have been clearly inferior to the waits

The period has been archived item with a net loss of -192 million dollars

Rather than to clearly conclude with an economic result of positive sign pairs to 82 million dollars, as expected in occasion of the presentation of the performances of the first trimester of the fiscal year 2018 that has marked the start of the operating activity of the company(on 31 July 2018), the Ocean Japanese Network Express (ONE) has archived item also according to trimester of the financial year, finished 30th September, with a net loss that has been pairs to -192 million dollars. In the period July-september the revenues of the company, that it has been born from the fusion of the activities of containerized marine transport of the Japanese "K" Linens, MOL and NYK(on 31 May 2017), they are piled to 2,96 billion dollars and entire the first semester of fiscal year 2018 is closed with revenues pairs to 5,03 billion dollars and a net loss of -311 million dollars respect to a formulated forecast last July of revenues pairs to 5,44 billion and a loss pairs to -38 million.

Against the most recent results, ONE has introduced today a reformulation of the forecasts for the second half of the year of the fiscal year 2018 and for the entire exercise anniversary that show respective revenues pairs to 5,97 billion and a net loss of -289 million and revenues pairs to 11,00 billion and a net loss of -600 million. Last July the previsional esteem for the two periods indicated revenues pairs to 6,81 billion and a profit clearly of 147 million for the second half of the year and revenues pairs to 12,25 billion dollars and a profit clearly of 110 million dollars for the entire year.

In the period July-september of the 2018 fleet of portacontainer of the ONE has transported altogether 1,79 million teu, of which 76 thousand teu and 285 thousand teu respective on the routes eastbound and westbound between Asia and Nord America and 478 thousand teu and 263 thousand teu on the routes eastbound and westbound between Asia and Europe.

In entire the first semester April-september the containerized volumes have been pairs to 3,04 million teu, of which 1,29 million on the routes America Asia-North, 503 thousand on the North-America-Asia routes, 790 thousand on the Europe-Asia routes and 457 thousand on that Asia-Europe.

While the three companies founders of the ONE have been profitable notice the respective recorded economic results in the first half of fiscal year 2018. "K" Linens has closed the period with a net loss of 24,58 billion yen (216 million dollars) on revenues pairs to 416,13 billion yen respect to a profit of 13,17 billion on revenues pairs to clearly 578,93 billion yen in the correspondent period of fiscal year 2017. MOL has archived item the period with revenues pairs to 619,89 billion yen (- 24.3%), an operating profit of 14,76 billion (+32.4%) and a profit of clearly 5,72 billion yen (- 56.4%). NYK has totaled revenues pairs to 915,67 billion yen (- 14.0%) and turned out operating and both of sign negative and pairs to -4,19 billion and clearly -7,74 billion yen regarding results of positive sign and pairs to 12,74 billion and 9,26 billion in the period April-september of 2017.

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