TCC in the red

摘要

The container industry's only new ocean carrier last year, The Containership Company (TCC), ended up in the red due to unfavourable market conditions in the transpacific trad-elane.rnThe company reported a loss before tax of USD7.4 million from revenue of USD83.8 million in 2010. The operating result (EBITDA) was a loss of USD4.3 million, including start up costs of around USD2 million.