Japanese shipping firm Daiichi Chuo Kisen files for bankruptcy

Japanese shipping firm Daiichi Chuo Kisen files for bankruptcy

Daiichi Chuo Kisen Kaisha President Masakazu Yakushiji attends a press conference in Tokyo on Sept. 29, 2015, announcing Japan's fifth-largest shipping company has filed for bankruptcy protection. The failure is attributable to sluggish market conditions due to the slowing of the Chinese economy and higher fees to charter vessels. (Kyodo) ==Kyodo

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  • ILEA000077640
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  • 2015/9/29 17:33:55
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  • Kyodo / Kyodo News Images
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