It is forecasting net earnings of JPY 57bn in the currentyear ending 31 March, while this should reach JPY 80bn by 2016.
The “Steer for 2020” scheme will take effect from April.
MOL is focusing on cost reductions, with JPY 70bn being cutover the next three years.
“About half of these measures are related to thecontainership business. Vessels required to boost the cost competitiveness willbe procured mainly by chartering,” it added.
It
