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Kawasaki Kisen Kaisha, Ltd. (K Line) decided to establish a new tank container transport company under a joint venture with Mitsui OSK Lines Ltd. Nippon Yusen Kabushiki Kaisha and. The merger will be resolved soon equally between the three Japanese operators.
Getting the fleet capacity of approximately 1.4 million TEUs (or 1.76 million TEUs, including the non-performance of duties), the new ship will take the sixth place in the world. Not only is the ship, but also know-how will be integrated to serve the customers properly.
The foundation will increase the competitiveness of enterprises in the stagnant market and oversupply of capacity for the delivery of cargo. Since last year's mergers and acquisitions are activated in the container shipping industry. Thus, the agreement of the three companies in the trend processes taking place in the market. Our agreement will expand the scope of business and strengthening the quality of service.
The new liner containership operating company will rank the 6th in the world
Kawasaki Kisen Kaisha, Ltd
Iino Building, 1-1, Uchisaiwaicho 2-Chome, Chiyoda-ku
100-8540
Tokyo
Japan
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