NYK lifted its 2024 net profit forecast by 15.4% to ¥450bn ($2.95bn), bolstered by strong third-quarter container shipping results.

Its third-quarter liner trade profit was ¥73.5bn, almost tripling 2024’s first-half profit of ¥28.4bn, indicating the October to December period (three months) was more favourable compared with April to September (six months).

This resulted in a 27.8%