Korea Line Corporation (KLC) announced that it saw an operating loss of KRW171.4bn ($153m) last year mainly due to the depression of global economy and shipping industry.

    The company also made a loss of KRW424.6bn in 2010. Last year's sales of KLC decreased by 5.2% to KRW2.161trn.

(Source:http://www.seatrade-asia.com)