In a welcome boost to the UK's industrial Northeast, K Line has launched a new ro-ro service importing Hitachi Transport System Europe (HTSE) rail car body shells to the UK, and has chosen Yorkshire’s Teesport to handle the majority of this cargo.
Kawasaki Kisen Kaisha (K Line) reported a fall in profit for the first nine months of the year and has revised down its full year profit forecast.
A consortium of five Asia-based container carriers – Hanjin Shipping MOL, K Line, OOCL and Coscon – will expand its Far East-Australia services from February next year in response to market demand.
Three former Japanese shipping executives have been indicted in the US for participating in a long-running price fixing conspiracy, according to the US Department of Justice.