Annual Report 2000 (For year ended March 31,2000)

Business Review
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Operating revenues from Services Incidental to Marine Transportation amounted to ¥83,408 million (U.S.$786 million), a 0.2% decrease from the previous year while operating income resulted in ¥3,893 million (U.S.$37 million), a 219.1% increase.

 

sankaku.gif (951 bytes)     Logistics Services in Thailand and Australia
A report was included in last year's edition on the logistics services in Japan and container terminal operations and transportation business in North America.
     It is a pleasure to inform you that their development stayed on track with steadiness and sureness during the period under review. Ceaseless efforts and actions were executed to satisfy customer needs as much as possible.
     This time, we would like to draw your kind attention to "K" Line Thailand Ltd. (KTL) headquartered in Bangkok, and Prixcar Services Pty. Limited (Prixcar) based in Australia.
kuromaru.gif (837 bytes)Thailand
20-1.jpg (16980 bytes)KTL was founded in 1964, celebrating its 35th Anniversary this fiscal year.
"K" LINE holds a 34% share of the company.
     The main businesses range widely from ship agents to stevedores to customs brokers to inland carriers. KTL also provides warehousing services along with K Line Container Service (Thailand) Ltd. and Bangkok Cold Storage Service, Ltd., its group companies. With those activities KTL has continued to provide total logistical services in Thailand. With regard to the inland transportation sector, including customs brokerage, KTL has approximately 400 people comprised of 100 office staff, 80 workers on the front line and more than 200 truck drivers.
     It operates 90 trucks for breakbulk, lengthy, heavy & over-height cargoes.
     In addition, it carries out on-site work for installment and move of machinery and facilities. It also dispatches experts to customers' factories and warehouses for operations. All staff are well trained to respond timely to their customers with experience and expertise on scheduling of practical work, procedures for customs clearance, achieving legalized savings in import taxes and making application for export subsidies. As to container shipments, Bangkok Marine Enterprises Ltd., a subsidiary of KTL, provides inland haulage services for container shipments with 110 units of tractor/trailers and 230 units of container chassis.
kuromaru.gif (837 bytes)Australia
20-2.jpg (17978 bytes)Prixcar Services Pty. Limited (Prixcar) was established in 1989 in collaboration between Kawasaki (Australia) Pty.Ltd. (K-AUST), a wholly-owned subsidiary of "K" LINE, Finemore Holdings Limited (one of the major logistics and land transport companies in Australia in which K-AUST holds ownership shares) and two leading stevedoring operators. K-AUST occupies a 33.3 % stake in Prixcar. The business is to provide a variety of services for imported vehicles, i.e. storage, panel repairs/component fitment and pre-delivery inspection (PDI) before dispatched to dealers. The facilities are located throughout Australia, providing paved-surface storage for some 40,000 motor vehicles. Prixcar annually handles 135,000 vehicles.
     Increasing demand for the door-to-door service concept can be met by "K" LINE in combination with its sea transportation services, the road transport services by Finemore and the PDI services provided by Prixcar.

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