K Line

Container Shipping Sector: Monthly Stock Highlights

The container shipping sector faced a turbulent March as shifting trade dynamics, geopolitical tensions, and fluctuating demand sent stock prices on a rollercoaster ride.

While some companies demonstrated resilience through long-term contracts and strategic positioning, others grappled with spot rate volatility and overcapacity concerns. From Maersk’s steadying influence as an industry bellwether to the niche struggles of regional players like MPC Container Ships, the month revealed stark...

https://container-news.com/container-shipping-sector-monthly-stock-highlights/

Weekly Update: Container Shipping Stock Highlights

The container shipping market saw a dynamic week, marked by notable fluctuations in stock performance among key players. Factors such as tariffs, political tensions, geopolitical conflicts, and disruptions in global trade distribution have significantly affected the industry.

Below are the weekly stock highlights of the container shipping sector:

SITC International Holdings Co Ltd (1308)

SITC International Holdings exhibited mild fluctuations, starting at HKD 18.52 and peaking mid-week at HKD...

https://container-news.com/weekly-update-container-shipping-stock-highlights/

Weekly Update: Stock Performance of Container Shipping Sector

The container shipping industry continues to navigate a complex and ever-evolving landscape, shaped by shifting economic conditions, geopolitical tensions, and supply chain disruptions. Over the past week, stock prices across major shipping companies have reflected a mix of resilience and volatility, influenced by factors ranging from Red Sea security threats to fluctuating global trade demand.

As freight rates remain elevated and rerouted shipping lanes reshape the industry’s cost structures,...

https://container-news.com/weekly-update-stock-performance-of-container-shipping-sector/

ONE container alliance swings to profit in Q3

The unsettled state of ocean shipping continued to be a moneymaker for liner operators in late 2024.

Three-carrier alliance Ocean Network Express (ONE) said net profit in the 2024 October-to-December fiscal third quarter was $1.16 billion, up from a loss of $83 million in the year-ago quarter, on revenue higher at $4.85 billion from $3.36 billion.

The Singapore-based alliance of K-Line, MOL and NYK in an earnings release said results benefited from stable freight flows on the Asia-North America...

https://www.freightwaves.com/news/one-container-alliance-swings-to-profit-in-q3

Northern Lights takes delivery of second LCO2 carrier

The Northern Lights JV, in which Equinor, Shell and TotalEnergies are partners, reports that its second LCO2 transport ship, Northern Pathfinder, has been delivered at Dalian Shipbuilding Industry Co. (DSIC) in Dalian, China.

Northern Lights offers CO2 transport and storage as a service. Liquefied CO2 from industrial capture sites is shipped to an onshore receiving terminal in western Norway, before transported by pipeline for permanent storage in a reservoir 2,600 meters under the seabed.

The...

https://www.marinelog.com/uncategorized/northern-lights-takes-delivery-of-second-lco2-carrier/

K-Line to start trials of Inmarsat’s NexusWave

Japanese shipping giant K-Line (Kawasaki Kisen Kaisha Ltd.) said today that it is to trial Inmarsat Maritime’s new network service NexusWave on its fleet, with trials beginning this month.

Inmarsat launches new NexusWave connectivity service

Launched in May this year, NexusWave is a bonded multi-dimensional network, offering high-speed connectivity, unlimited data, global coverage, and a “secure by design” infrastructure for office-like and home-like experiences.The service seamlessly...

https://www.marinelog.com/news/k-line-to-start-trials-of-inmarsats-nexuswave/

K-Line car carrier gets ClassNK EV fire-fighting notation

ClassNK has granted its “AFVC (Additional Fire-Fighting measures for Vehicle Carrier)” notation to Texas Highway, a car carrier operated by K-Line. The AFVC EV fire-fighting notations are for vessels equipped with additional firefighting measures for transporting electric vehicles (EVs).

EV fires raise concerns due to difficulties in extinguishing them and the risk of re-ignition. As shipowners take measures to address these issues, ClassNK has supported these efforts and has issued “Guidelines...

https://www.marinelog.com/news/k-line-car-carrier-gets-classnk-ev-fire-fighting-notation/

+ More