We offer transport services for raw materials such as coal, iron ore, grain (wheat, soybeans, corn, etc.), woodchips and pulp. Recently, in addition to cargo bound for Japan, we actively transport cargo bound for China, India and other developing countries, and engage in trilateral transport in the Atlantic region.
The "K" Line Group has built face-to-face, trusting relationships around the world through marketing activities with strong local ties and close attention to detail based primarily on resource transport services including iron ore, thermal coal, grain and other raw materials for customers in Japan. These relationships have resulted in "K" Line obtaining numerous long-term contracts in Japan and overseas, expanding our sources of stable revenue.
"K" Line is responding to the increase in resource transport demand spurred by continuous economic growth in China, India and other emerging economies by being among the first Japanese shipping companies to expand their overseas dry bulk carrier services. In China, the world's largest crude steel-producing country, we have entered into a number of long-term iron ore transport contracts with major steel mills and steadily established a track record of performance. In India, we stole a march on competitors by concluding long-term contracts for the transport of raw coal with JSW Group, a powerful conglomerate, obtaining long-term transport contracts for 16 million tons of coal per year beginning in 2012. In addition, we have concluded a five-year contract with Gujarat NRE Coke, a major coke producer in India.