K Line adds $1.7bn to profit forecast as bulk carriers prosper

Japanese line had slashed its earnings outlook by 30% in May on expected container ship weakness

K Line chief executive Yukikazu Myochin is expecting bigger profit this year.
K Line chief executive Yukikazu Myochin is expecting bigger profit this year.Photo: K Line
Published 21 July 2022, 07:42Updated 21 July 2022, 07:42
JapanK LineCapesize bulkersNeo-panamax containerships