"K" Line

“K” Line is the world’s 15th-largest container shipping company and one of the largest Japanese transportation companies. It was established in 1919 and along with NYK Line and MOL is one of Japan's "Big Three" container lines.

 

09 May 2016
The credit ratings agency Moody’s has downgraded the credit of "K" Line and is reviewing that of Mitsui O.S.K. Lines as two of Japan’s top three container lines struggle against unfavorable market conditions.
28 Apr 2016
Japan’s three largest container lines mostly reported dismal financial results for fiscal 2015 on Thursday.
29 Jan 2016
Japan’s three largest container lines significantly downgraded their earnings forecasts for the current fiscal year ending on March 31, with Mitsui O.S.K. Lines now expecting a sizable net loss of 175 billion yen ($1.45 billion).
04 Jan 2016
There will be no sustained recovery in the dry bulk or container shipping sectors this year amid overcapacity in the industry and slowing demand for raw materials from China, said "K" Line president and CEO Eizo Murakami.
16 Dec 2015
Five Asia-based container lines will expand a service in mid-February that connects to Australia, while another China-based line will also beef up its service to and from Oceania.
07 Oct 2015
Three former “K” Line and NYK executives have been indicted for alleged participation in a scheme to rig bids and fix prices for international shipments of roll-on, roll-off shipments to and from the United States.
10 Apr 2015
Kawasaki Kisen Kaisha has sold six container ships for nearly $92 million as it prepares to receive 10 vessels each with a capacity of 14,000 20-foot equivalent units.
"K" Line ship stack
02 Mar 2015
Japan’s third-largest shipping line, Kawasaki Kisen Kaisha, announced Monday it would be beefing up its LNG and bulker vessels over the next four years, while downsizing its container shipping fleet.
31 Jan 2015
Japan's three major diversified ocean carriers -- Mitsui O.S.K., NYK Line and “K” Line” -- posted profits for t
15 Jan 2015
The well-liked and respected IT leader, 46, built his career on a foundation of family history in the business, a deep understanding of the market and a talent for technology.
05 Jan 2015
With MOL’s container business in the red and performing worse than the other Japanese carriers, the company’s president in New Year’s message said 2015 would be a “counteroffensive year” in which it would get more aggressive in cost-cutting.
17 Dec 2014
Another set of historic rate increases are on tap for the trans-Pacific, as the 15 members of the Transpacific Stabilization Agreement announced hikes totaling $1,000 per FEU.