“K” Line signs charter contract with JFE Steel

“K” Line signs charter contract with JFE Steel

“K” Line signs charter contract with JFE Steel

   Kawasaki Kisen Kaisha Ltd. will build a 300,000-deadweight “super large” ore carrier for JFE Steel Corp. backed by a long-term charter contract.

   The ship will be completed in 2008. After its delivery, the bulk carrier will ship ore from Brazil to Villanueva in the Philippines for the steel company.

   The vessel will be “the largest of all the bulk carriers/iron ore carriers that “K” Line has ever constructed,” the Japanese shipping group said.