Dry bulk profit props up K Line results
NewsJapan’s K Line has reported a modest profit of JPY40M (US$360,000) in the dry bulk segment in the quarter ending 30 June, after making a loss of JPY140M in the same period last year.
Japan plans to cut food imports that make up more than half its total supply, helping local farmers at the expense of growers in the US, under a one trillion yen (US$10.8B) a year subsidy plan of the new government.
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