K Line to Merge Two Ship Management Firms

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>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 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 5

Offshore Energy Exhibition and Conference (OEEC) 2020

The three-day event includes an exhibition where an expected 600+ supply chain companies…

read more >

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >