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News Wire / economy

Ocean Network Express Reports Profit Decline

Bluesky Social Singapore 12d Impact 3
Singapore-based liner giant Ocean Network Express reported a 92 percent plunge in profit. The company cited geopolitical tensions and market overcapacity as primary drivers for the earnings squeeze.

Topics

shipping earnings

Developing

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Sources · 7 independent

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“ONE Profit Plunges 92% as Geopolitics and Overcapacity Squeeze Earnings”

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