Japanese container line ONE today reported its 2Q 2024 interim results that showed huge increases in profitability on the back of increased volumes and tightened supply, that saw vessel utilisation levels consistently at 90%-plus levels.
The carrier recorded a second quarter revenue of $3.54bn with volumes up 7% to just over 3.3m teu across all its trades, while profits soared – second quarter EBITDA of just under $2.4bn was some 447% …
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