Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and “K” Line (India) Shipping Private Ltd., (KLISP) affiliated company of “K” LINE, have successfully signed multiple mid-long terms CVCs with India’s one of the largest steel makers JSW Steel Ltd. for Capesized tonnage & Supramax sized tonnage, according to the company’s release.
For Capesize, this is the first contract in history that Capesized tonnage performs Indian coastal trade under mid-long term CVCs.
For Supramax, vessels owned by “K” LINE (INDIA) SHIPPING PRIVATE LIMITED have been performing both Indian coastal and international trade for carrying a variety of cargoes such as iron ore, coal, limestone, and Steel Products of JSW Steel Ltd.
Since 2014 R1) and successfully renewed those contracts. As a result, the annual transport volume for JSW Steel reaches about 10 million tons from existing contracts and these new CVCs.
“K” Line (India) Private Limited (KLIN) was established with a strong Joint Venture partner in 2008 to expand businesses in India and today KLIN manages “K” LINE group’s bulk carrier operations (post-fixtures) from India. KLISP was established in 2014 as Indian flagged ship owning company