Loss in Q1

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Due to weak container and bulk business as well as market uncertainties[ds_preview], Kawasaki Kisen Kaisha (»K« Line) has recorded a loss of 260 mill. $ for Q1. »K« Line’s operating revenues for the first three months of the fiscal year ending March 31, 2017 (from April 1, 2016 to June 30, 2016) were 244.593 bn ¥ (2,38 bn. $), down 90.864 bn ¥ year on year. An operating loss of 14.836 b ¥ (144,2 mill. $) was reported.