Japanese shipping giant Kawasaki Kisen Kaisha and K Line (India) Shipping have signed the multiple mid-long term Consecutive Vessel Contracts s with India’s largest steel makers JSW Steel for Capesized tonnage & Supramax sized tonnage. 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 has 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 since 2014 and successfully renewed those contracts. As a result, annual transport volume for JSW Steel reaches about 10 million tonnes from existing contracts and these new CVCs. K Line (India) was established with strong Joint Venture partner in 2008 to expand businesses in India and manages K LINE group’s bulk carrier operations from India.
Japanese shipping giant Kawasaki Kisen Kaisha and K Line (India) Shipping have signed the multiple mid-long term Consecutive Vessel Contracts s with India’s largest steel makers JSW Steel for Capesized tonnage & Supramax sized tonnage. 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 has 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 since 2014 and successfully renewed those contracts. As a result, annual transport volume for JSW Steel reaches about 10 million tonnes from existing contracts and these new CVCs. K Line (India) was established with strong Joint Venture partner in 2008 to expand businesses in India and manages K LINE group’s bulk carrier operations from India.