“K” line

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“K” line

logo
legal form Kabushiki kaisha (joint stock company)
ISIN JP3223800008
founding April 5, 1919
Seat Tokyo , JapanJapanJapan 
management Yukikazu Myochin ( CEO )
Number of employees 9,708
sales 836700000000 JPY
Branch transport
Website www.kline.co.jp
As of November 28, 2019

Kawasaki Kisen KK ( Japanese. 川 崎 汽船 株式会社 , Kawasaki kisen kabushiki kaisha ), internationally known as “K” Line , partly also as KKK, is a major Japanese shipping company based in Tokyo . The company is one of the ten largest shipping companies in the world and, in addition to conventional cargo ships, also operates container ships , oil and gas tankers , PCTC (Pure Car / Truck Carrier) as well as Ro-Ro and bulk carriers .

history

Container of the “K” line. Photographed in Newark, New Jersey, United States

K-Line was founded three Kawasaki Kisen, Kawasaki Zosen and Kokusai Kisen under central management by Kojiro Matsukata by the merger of the Company and included 1919-1944 a fleet of about 40 to 50 units, primarily in the trade lanes Atlantic , North - and South America , Africa , the Mediterranean and the Baltic Sea were used. In 1926, K-Line was managed by Lloyds as the thirteenth largest shipping company in the world behind the Japanese NYK Line but before the Japanese OSK Line . At the end of the Second World War , the K-Line fleet consisted of only twelve ships after 56 ships were lost as a result of acts of war .

In the post-war period, K-Line resumed operations and the targeted expansion of the fleet. After the merger of the K-Line with the Iino Kisen and a recapitalization in 1966 to 13.5 billion yen, the number of ships operated by K-Line rose to 104 units, 55 of which belong to the shipping company itself. 1968–1974 K-Line consistently continued to expand the fleet and set up agencies all over the world. In addition to branches in Hong Kong , Sydney and Peru , subsidiaries were also set up in Mexico and Chile . There is another capital increase to now ¥ 21.5 billion.

The Japanese shipping companies K-Line, NYK-Line, OSK-Lines, Yamashita Shin-Nippon Kisen and Showa Line formed the Oasis Container Express Lines alliance, particularly in the East Asia and Persian Gulf routes . The expansion of the international network continued with the establishment of new agencies in Seoul and Rio de Janeiro . In 1983 the K-Line put the first Japanese LNG tanker, the Bishi Maru, into operation. In 1989 the K-Line founded the subsidiary Seven Seas Cruises Co., Ltd. for the operation of several cruise ships .

In 1992, K-Line started direct line service between Japan and the Chinese city of Dalian . At the same time, an agency was established in Ho Chi Minh City in Vietnam . In 1993, K-Line founded a training center for ship crews in Manila , Philippines, and one year later the Chinese Sinotrans Liaoning founded the Japanese-Chinese joint venture KS Shipping Limited. During this time, the K-Line also began activities in e-business , especially in the area of ​​cargo tracking and booking.

Todays situation

The container business was merged in 2018 with the corresponding activities of MOL and NYK to form the new shipping company ONE .

The "K" -Line fleet consists of around 500 ships, among others from the segments

Since March 2014, the K-Line has been part of the shipping company alliance CKYHE ( COSCO , Yang Ming Line , Hanjin Shipping , Evergreen Marine ). Initially, they only served the Far East traffic together. After the US Federal Maritime Commission (FMC) approved this at the end of 2014, the US east and west coasts were also included in the joint timetables.

In addition, the K-Line operates a West India service. It has several container terminals in the USA through a subsidiary.

In 2003, the "K" Line became the European Sea Highway Services(KESS), which transports up to 800,000 vehicles annually with currently (2015) 12 car transporters in European short-haul traffic. On the Elbe Highway used in traffic from Germany to Scandinavia and Russia , which can transport up to 2130 cars, an exhaust gas washer (scrubber) is used so that the North and Baltic Seas can continue to be driven with heavy fuel oil. Thanks to its high ice class , the ship can also reach Helsinki and St. Petersburg in winter . On April 17, 2016, the 148-meter-long ship, displacing a maximum of 7,800 tons , collided with the canal lock in Brunsbüttel .

In April 2007, K-Line took over 50 percent and on June 30, 2011 100 percent of the shares of the heavy lift shipping company Schiffahrtkontor Altes Land , which were sold to Harren & Partner Group in 2017.

In May 2016, " The Alliance " was founded with Hapag-Lloyd , Nippon Yūsen , Yang Ming Line , Hanjin Shipping and Mitsui OSK Lines .

The three largest Japanese container shipping companies NYK , MOL and K-Line agreed in October 2016 to merge their container activities and operate them as a joint company. NYK received a 38 percent share with a slot capacity of 592,000 TEU, K-Line with 358,000 TEU and MOL with 491,000 TEU each with 31%. On July 7th, 2017 the new company Ocean Network Express (ONE) was founded and started its work on April 1st, 2018. With a market share of 6.6% and a container capacity of 1,440,000 TEU, it ranks sixth among the largest container shipping companies.

Web links

Commons : Kawasaki Kisen  - Collection of images, videos and audio files

Individual evidence

  1. ↑ a b https://www.kline.co.jp/en/ir/library/report/main/01114/teaserItems1/00/file/Kline%20report2019en-s.pdf | wayback = 20160730181154 | text = "K" -Line 2019 Annual Report
  2. ↑ K-Line website , accessed on April 27, 2016.
  3. ↑ Christian Eckardt: Car transporter now on the move with an exhaust gas washer , in: Weser Kurier, April 17, 2015 [1]
  4. ^ Ocean Alliances. (No longer available online.) Archived from the original on December 10, 2017 ; accessed on May 31, 2017 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.flexport.com
  5. ↑ Hapag-Lloyd founds a major alliance. (No longer available online.) May 13, 2016, formerly in the original ; accessed on May 31, 2017 .  ( Page no longer available , search in web archives )@1@ 2Template: Toter Link / www.dvz.de
  6. ↑ Chris Cooper, Kiyotaka Matsuda: Japanese Shipping Companies to Merge Container Operations . In: gCaptain , October 30, 2016 (English)
  7. ↑ Shock for Japanese shipping lines as merger plan is rejected by US FMC . In: The Loadstar , May 3, 2017 (English)
  8. ↑ NOTICE OF BUSINESS COMMENCEMENT OF OCEAN NETWORK EXPRESS. April 2, 2018, accessed April 3, 2018 .
  9. ^ Inauguration of Ocean Network Express. Retrieved April 3, 2018 .
  10. ↑ Start of service at ONE. April 3, 2018, accessed April 3, 2018 .
  11. ^ K Line, MOL and NYK name joint venture . In: Hansa Online , May 31, 2017