“K” Line Wins Capesize CVC Contracts From JSW Steel


Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and “K” Line (India) Shipping Private Ltd., (KLISP) affiliated company of “K” LINE, have successfully signed the multiple mid-long term CVCs with India’s one of the largest steel makers JSW Steel Ltd. for Capesized tonnage & Supramax sized tonnage, reads an official press release.

First contract for capesize

For Capesize, this is the first contract in history that Capesized tonnage perform Indian coastal trade under mid-long term CVCs. For Supramax, vessels owned by “K” LINE (INDIA) SHIPPING PRIVATE LIMITED 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 Ltd. since 2014 R1) and successfully renewed those contracts.

As a result, annual transport volume for JSW Steel reaches about 10 million tons from existing contracts and these new CVCs.

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Source: “K” Line


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