Malaysian owner HUBLine is set to complete its exit from container shipping as it posted a loss for its fourth quarter.

The net deficit to 30 September was MYR 55.38m ($12.41m), compared to a profit of MYR 5.96m in the same period of 2015.

Revenue was down slightly to MYR 22.95m from MYR 23.27m, but the annual loss was MYR 83.52m, lower than the MYR 376.75m