K Line fixes another VLGC with Gyxis

K Line fixes another VLGC with Gyxis

Kawasaki Kisen Kaisha (K Line) has reached an agreement with fellow Japanese firm Gyxis Corporation to enter into a time charterer contract of a new 82,200 cu m VLGC to be built and delivered by Kawasaki Heavy Industries in November 2018.

Gyxis, established on April 1, 2015 as a merger of a number of local gas players, is focusing on expanding overseas sales as well as domestic sales. In order to meet this purpose, Gyxis is promoting expansion of its VLGC fleet.

This new VLGC will be K Line’s second VLGC under time charter contract with Gyxis and will take K Line’s VLGC fleet to six ships.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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