NYK Lines has seen its third-quarter operating profit jump nearly double on the back of the strong performance by Ocean Network Express (ONE).

The Japanese giant posted figures of ¥31.2bn ($297m) for the three months ended 31 December 2020 against the ¥16.6bn seen a year earlier. Revenue was largely unchanged at ¥423.9bn.

Recurring profit at its liner segment increased more than 10-fold year on year to ¥40bn against the ¥3.6bn