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Mitsui O.S.K. May Cut Profit Forecast on Slump in Charter Rates

Published December 2, 2008, 7:57 pm, Bloomberg

Dec. 3 (Bloomberg) -- Mitsui O.S.K. Lines Ltd. , Japan's most profitable shipping line, may lower its earnings forecast this fiscal year as daily charter rates for its largest coal and iron ore vessels have tumbled 98 percent to a record low.

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Mitsui O.S.K. May Cut Profit Forecast on Slump in Charter Rates - Bloomberg
Dec. 3 (Bloomberg) -- Mitsui O.S.K. Lines Ltd. , Japan's most profitable shipping line, may lower its earnings forecast this fiscal year as daily charter rates for its largest coal and iron ore vessels have tumbled 98 percent to a record low. ``We're ...

Mitsui O.S.K. May Mothball, Scrap Ships on Rate Slump (Update3) - Bloomberg
Nov. 14 (Bloomberg) -- Mitsui O.S.K. Lines Ltd. , Japan's most profitable shipping line, may mothball some of its largest vessels for the first time in over two decades as charter rates have fallen 98 percent over the last five months. The world's ...

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