K Line forms Indian stevedoring venture

K Line forms Indian stevedoring venture

Kawasaki Kisen Kaisha (K Line) has formed a cargo handling joint venture in India. Nitto Baxi is created via K Line subsidiary Nitto Total Logistics and local Indian firm, J M Baxi & Co.

Initially the new venture will focus on stevedoring and handling of vehicles carried on K Line car carriers. Other shipping segments will be added later.

K Line has identified the Indian car trades as an area for significant growth going forward.

“We will move forward to develop logistics business in rapidly developing countries surrounding Asia,” the Japanese shipping giant said in a release today.

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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