“K” LINE’S INDONESIAN SUBSIDIARY GETS FORWARDING LICENSE

“K” LINE’S INDONESIAN SUBSIDIARY GETS FORWARDING LICENSE

“K” LINE’S INDONESIAN SUBSIDIARY GETS FORWARDING LICENSE

   PT “K” Line Total Logistics Indonesia, a newly-established subsidiary of “K” Line, has obtained a forwarding business license from the government of Indonesia.

   The logistics company will commence trading on April 1. It will provide customs brokerage, forwarding, trucking and ocean transportation agency services.

   PT “K” Line Total Logistics Indonesia will also act as agent for Century Distribution Systems, Inc., the cargo consolidation and logistics arm of the “K” Line group.