The pre-tax and interest deficit improved14% to $65m from the same period of 2013.
The containership owner has been managing expensesand improving operational efficiency, which has saved it $80m in the firstthree months.
The net loss was $96m, from a profit of$76.5m in 2013, but last year’s figure was boosted by a $200m gain from thesale of the NOL headquarters building in Singapore.
“Operating
