The deficit in 2012 was $428m, it said. Last year’s pre-taxand interest earnings were $48m “in spite of the difficult conditions in theglobal shipping market and the sharp decrease in freight rates for fiveconsecutive quarters.”
Without one-off items, the 2013 net loss was $369m.
In the fourth quarter alone the deficit was $282m, against $238min the same period of 2012.
Non-operating charges were mostly due to the loss of $72m inadvanced payments for eight containerships it has cancelled at Samsung andHyundai Samho.
Container
