Top > News Releases > "K"Line (Japan) Ltd. Established for Strengthening Containership Business Activities.

August 2, 2002
Kawasaki Kisen Kaisha, Ltd.

"K"Line (Japan) Ltd. Established
for Strengthening Containership Business Activities.

Kawasaki Kisen Kaisha, Ltd. (hereunder referred to as "K" LINE) takes pleasure in announcing plans to establish "K" Line (Japan) Ltd. (hereunder referred to as KLJ), separating/developing mainly containership sales work into an independent entity. KLJ is expected to begin its operations October 1, 2002 with capitalization totally provided by "K" LINE.

KLJ, as a general sales agent in Japan, is going to take over the entire work after October 1, 2002 in relationship to sales activities of containership business, etc. currently performed by "K" LINE in Japan.

Its service is to cover not only Japan-loaded and-discharged cargo but also outside-Japan cargo that is handled by customers in Japan.

The new company will take over work of the Containerships Sales Group and customer service sector at the Head Office in Tokyo plus the Kansai Branch and Nagoya Branch. It will also proceed with nominating agents in Hokkaido, Shimizu, Chugoku, Kyushu, etc. as its sales agents instead of "K" LINE, and will proceed with the building of a nationwide business network.

The aims of the new company are articulated as follows:

  1. Creation of a group of specialists dedicated to international marine transportation service, and rooted tightly and deeply to the needs of customers in the market
  2. Building a slimmed-down organization for speediest decision-making
  3. Speedy response to customer requirements with proposals to satisfy them
  4. Clear and accurate cost management aimed at an increase in competitiveness Pursuing the above, the business activities of "K" LINE and its entire group will be further reinforced and expanded.

At the start-up stage, almost all KLJ staff will be composed of individuals sent from "K" LINE. The new company is directed, however, to widen its scope and bring in new staff embracing global concepts and diverse shipping expertise as the need arises.

Details of the new company

1.Company's Name "K" Line (Japan) Ltd.
2.Date of Foundation October 1, 2002
3.Date of Commencement of Business Operations October 1, 2002
4.Head Office Hibiya Central Building, 2-9, Nishi-Shinbashi 1-chome, Minato-ku, Tokyo 105-8421, Japan
5.Paid-up capital amount ¥150 million (authorized capital amount: ¥ 450 million)
6.President Nobuya Kamisaka (Managing Director of "K" LINE)
7.Number of Employees about 200
8.Main lines of business sales and sales agents for marine transport cargo

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