China Shipping Container Lines reported a net loss of 404.4 million Chinese yuan (about US$66.3 million) in the third quarter of 2013, compared with a net income of 1.01 billion yuan (about US$165.4 million) in the same period last year, amid overcapacity issues and weak demand in international trade.
　　Quarterly revenue was 8.96 billion yuan, down 3.5 percent year-over-year from 9.28 billion yuan.
　　From January to September, the Shanghai-based shipping company posted a net loss of 1.67 billion yuan, versus a net loss of 244.9 million yuan in the first nine months of 2012. However, revenue year-to-date inched up 0.9 percent, totaling 24.8 billion yuan.
(Source:JOC)