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Tag Archives: K-LINE

K Line revised financial forecast – Wider losses expected

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) announced  on March 7 to carry out business structural reforms, mainly for profitability improvement and reduction of fleets being effected for the exposure to risks from market conditions, for upcoming financial results ending March 2019, by considering the largely changeable business environment. As to …

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Celso Banas killed in container ship boiler-room blast (BBC)

A sailor was killed when a boiler exploded on a cargo ship as it prepared to dock in the UK, an inquest heard. Celso Banas, 35, from the Philippines, died in the blast aboard the Manhattan Bridge at Felixstowe, Suffolk, on 19 January 2017. A jury at Suffolk Coroner’s Court …

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K Line earns Climate Change-Award

“K” LINE is proud to announce that the company was recognized as “A List,” the top rating, on climate change from CDP, which is an international non-profit organization (NPO) engaging in activities for realizing sustainable economy, in “CDP 2018 Debriefing Session” held on January 22 in Tokyo. The“A List” is awarded to companies that are …

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ONE held a business briefing

TOKYO – MOL announced that on November 27, K Line, NYK Line and MOL jointly held containership business briefing sessions for institutional investors and media, led by Ocean Network Express Pte. Ltd. (ONE). About 120 people in total of the 2 sessions were on hand for the event. ONE CEO …

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K Line’s Year-end Dividend forecast

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) announces that, that at Board of Directors meeting on Oct. 31, an update has been issued to Year-end Dividend forecast as provided below. 1. Forecast for Year-end Dividend for fiscal year ending March 2019 1) Details of Dividend Forecast 2) Reason for Dividend Forecast …

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ONE forecast to make a notable loss

Notice of Revisions in First Half and Full Year Consolidated Business Forecasts of Integrated Container Shipping Operating Company Ocean Network Express Pte. Ltd. Ocean Network Express Holdings, Ltd. (hereinafter referred to as “ONE Holdings,” which was established by Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki …

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K Line selected as a component of the DJSI

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has been selected again as an Asia Pacific Index component of the Dow Jones Sustainability Indices (DJSI), one of the leading global indices on Socially Responsible Investment (SRI) (*). It has been “K” Line’s good fortune to have been selected for 8 consecutive years …

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K Line signs partnership with Hambantota Port

The Hambantota International Port Group (HIPG) has entered into its very first Terminal Service Agreement (TSA) with K-Line Ltd. (KLPL), one of the world’s largest Ro Ro operators and a member of the global giant in transportation, Kawasaki Kisen Kaisha Ltd. of Japan. The TSA was a result of K-Line’s …

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K Line donation to earthquake’s victims

Kawasaki Kisen Kaisha, Ltd. announced that it will provide a monetary donation in the amount of 5 million yen toward relief efforts from the earthquake damage in Hokkaido Eastern Iburi. Company expresses its deepest sympathy to those in the disaster areas and sincerely wish for the earliest recovery from this …

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K Line fined for price-fixing

Japanese car carrier company Kawasaki Kisen Kaisha (KLine) has agreed to pay a fine of R98.9 million for price-fixing, market division and tender collusion related to the shipment of Toyota vehicles from South Africa. The vehicles were for export to Europe, North America, the Mediterranean coast and the Caribbean islands …

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