"K" Line Establishes its own Agency in Brazil

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

30 May 2009

KAWASAKI KISEN KAISHA, LTD. ("K" LINE) is pleased to announce it has established its own shipping agency, "K" LINE RORO & BULK AGENCIA MARITIMA LTDA., in Brazil for Car Carrier and Bulk shipping business (both dry and liquid, including energy transportation) with business operations having officially commenced on May 18, 2009. The new company was established as a joint venture between "K" LINE BRASIL LTDA., "K" LINE’s 100%-owned general agent, and the owners of the former agent (CAPRICORN AFRETAMENTOS LTDA.) for "K" LINE Car Carrier business in Brazil.   "K" LINE RORO & BULK AGENCIA MARITIMA LTDA. has undertaken all agency work for "K" LINE Car Carrier business as well as being positioned for future strategic functions as "K" LINE furthers its business expansion in Brazil in view of potential growth in both the Bulk and Energy transportation sectors.

Source: Kawasaki Kisen Kaisha, Ltd