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MOL expects to book major loss

Japanese MOL, one of three shipping companies behind liner group ONE, warns about an extraordinary loss in its annual financial report totaling USD 146 million. This stems from a deal with ONE as well as loan to Norwegian Gearbulk.

MOL is one of three Japanese shipping companies behind box carrier ONE. This photo is from 2017 and predates ONE's launch. | Photo: Fabian Bimmer/Reuters/Ritzau Scanpix

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