News and Press Releases

"K" Line Bulk Shipping (UK) Ltd. Concludes a 10 years Charter Contract with Enel

January 26, 2006 -London, England. "K" Line Bulk Shipping (UK) Ltd, the London based regional headquarters company of Kawasaki Kisen Kaisha, Ltd. ("K" Line), is pleased to announce that they have fixed a 10 years charter contract from 2009 with the major European power company, Enel SPA of Italy.

The business is based on a 10 years employment with a new type of Bulk carrier, which was recently developed by the Oshima Shipbuilding Co., Ltd.

New type of bulk carrier with the following specifications:

L.O.A : 255 m
Beam : 43 m
Deadweight : 105,500 MT
Draft : 13.40M
Ho/Ha : 7/7
Delivery : 2009 1 ST half

"K" Line Bulk Shipping (UK) Ltd is proud that Enel has chosen us as a key partner in providing shipping services.

The company has already deployed six (6) Capesize and two (2) Panamax bulk carriers, and further three (3) new cape size vessels are to be delivered within the next two (2) years. They have already secured contracts of up to 10 years for these ships and are continuously looking to expand our business activity in Atlantic area.