K Line to Merge Two Ship Management Firms

Image Courtesy: K Line

Japan’s shipping company Kawasaki Kisen Kaisha (K Line) has decided to merge two of its ship management subsidiaries, Taiyo Nippon Kisen and Escobal Japan, on July 1, 2017.

The company informed that the businesses are tentatively scheduled to be renamed K Line RORO and Bulk Ship Management on April 1, 2018.

K Line has opted for the move in an effort “to insure a success of the reorganization of the structure of the group’s ship management system to a further and higher level by consolidation of the extensive experience and valuable know-how” accumulated within the two respective companies.

The new ship management system will “realize more secure and environmental-friendly services that will meet the day-by-day increasing demand for reduction of environmental load toward a sustainable and livable world,” K Line said.

Following the merger, K Line will hold three ship management companies, namely, K Line Ship Management Company dedicated to containerships, tankers and gas carriers, K Line LNG Shipping (UK) Limited, dealing with LNG carriers, and Taiyo Nippon Kisen which would be focused on car carriers and dry bulk carriers.

The company believes that the new management system “will further improve and upgrade future services with higher quality and greater security.”

Share this article

Follow World Maritime News

In Depth>

Events>

<< May 2017 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

CWC World LNG & Gas Series: Americas Summit

Now in its 15th year, the CWC World LNG & Gas Series: Americas Summit is the longest running LNG event in the Americas region.

Bringing together the key players in the LNG & gas value chain in both the Americas region and globally, this is the perfect place to make new contacts, do deals and get essential updates on the market.

This year we return to Houston, TX once again on 20-23 June 2017 – the heart of the energy industry, making it easier than ever to access they key players in your business.

More info

read more >

Nor-Shipping 2017

Nor-Shipping is the leading maritime event week. Their top-quality exhibition, high-level conferences and prime networking opportunities…

read more >

2ND ANNUAL PORTS AND TERMINALS INSURANCE SEMINAR

DETAILED GUIDANCE ON HOW THE INSURANCE MARKET IS CHANGING, HOW RISKS ARE ASSESSED AND WHAT…

read more >

2ND ANNUAL ADVANCED CHARTERING MASTERCLASS

The Advanced Chartering Masterclass will focus on the particularly difficult issues in charterparty agreements and our experts will help you find solutions…

read more >