K Line
Encyclopedia
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- This article refers to a Japanese shipping company. For other meanings, see K-line (disambiguation)K-line (disambiguation)K-line may refer to:* K-Line, a model railway locomotive company* K-line , a spectral peak in astronomical spectrometry* K-line, a server ban in IRC* K-line , a mental agent in artificial intelligence...
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, also referred to as "K" Line, is a very large Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
ese shipping
Shipping
Shipping has multiple meanings. It can be a physical process of transporting commodities and merchandise goods and cargo, by land, air, and sea. It also can describe the movement of objects by ship.Land or "ground" shipping can be by train or by truck...
company. It owns and/or controls large cargo ships, including dry cargo ships, container ships
Containerization
Containerization is a system of freight transport based on a range of steel intermodal containers...
, container terminals, gas carriers, RoRo ships and tankers.
It is the sixteenth largest container transportation and shipping company in the world.
- Established: April 5, 1919
- Paid-in Capital: 29,689 million yen
- Business Lines: Marine transportation; insurance agency; warehousing; land transportation through transportation involving marine, land and air intermodal transportation
- Stock Exchange Listing: Tokyo, Osaka, Nagoya, Fukuoka, Frankfurt, Brussels
1919-1944
By the end of World War II, Kawasaki Kisen had lost 56 vessels; 12 survived.
1945-1961
During that vital recovery period, "K" Line steadily returned to the building and operation of ships, reestablished bases of operation around the world, increased earnings and took other steps to restore corporate strength and vibrancy.1962-1967
After the merger with Iino Kisen, "K" Line was newly capitalized at ¥9 billion and controlled a fleet of 104 ships, 55 of which were also owned by "K" Line. The merger gave "K" Line a solid foundation to advance dynamically into the future both as one of the world's largest shipping lines in terms of fleet size and as a well-balanced, integrated organization.1971
K Line opens International Transportation ServiceInternational Transportation Service
International Transportation Service is an American container terminal company that deals with the receipt and shipment of containerized cargo in domestic and foreign trade...
, a container terminal
Container terminal
A container terminal is a facility where cargo containers are transshipped between different transport vehicles, for onward transportation. The transshipment may be between container ships and land vehicles, for example trains or trucks, in which case the terminal is described as a maritime...
company in the Port of Long Beach
Port of Long Beach
The Port of Long Beach, also known as Long Beach’s Harbor Department, is the 2nd busiest container port in the USA. It adjoins the separate Port of Los Angeles. Acting as a major gateway for U.S.-Asian trade, the port occupies of land with of waterfront in the city of Long Beach, California...
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10 Ships to be manned by Filipinos
On September 30, 2007, Shuichiro Maeda, K-Line president, said the company will build 10 cargo ships to be manned by an all-Filipino officers and crew. The vessels are expected to be finished by 2010. It will employ 7,000 Filipinos in the next 4 years (3, 330 officers and 3, 600 ratings or crew). K-Line will build the K-Line Maritime Academy-Philippines operational in February 2008 and is intended to train at least 10,000 seafarers a year.