Shipowner Grimaldi says a Jeep Wrangler used to push non-operating automobiles onto the vessel sparked the deadly fire.
New Jersey container imports are unscathed “so far” but the port’s automobile trade faces fallout from the ongoing fire.
As cars gained popularity, ships were converted and built specifically for transporting vehicles overseas.
Tokyo, Japan-based ocean carrier, Kawasaki Kisen Kaisha http://kline.com/ (TYO:9107) has recorded a fall in revenues of Japanese Yen of 325,293 million down to JPY 836,731 million (US$7.5 billion) for the fiscal year ending March 31, 2019. Several board members have been removed.
