‘K’ Line offers cold storage in Vietnam

· Wednesday, June 03, 2015

The ocean carrier will open a new cold storage operation in the Binh Duong province of Vietnam in July.

Ocean carrier “K” Line will open a new cold storage operation in Binh Duong province of Vietnam in July.
The carrier will operate the facility through a joint venture, called CLK Cold Storage Co. Ltd., with the Cool Japan Fund and Japan Logistics Systems Corp., which it first announced on Sept. 25, 2014. The capital investment for the facility is estimated at $15 million.
“K” Line said the new joint venture company received official approval for the establishment from Vietnamese government authorities in late April.

Chris Gillis

Located in the Washington, D.C. area, Chris Gillis primarily reports on regulatory and legislative topics that impact cross-border trade. He joined American Shipper in 1994, shortly after graduating from Mount St. Mary’s College in Emmitsburg, Md., with a degree in international business and economics.