Kawasaki Kisen Kaisha announces agreement with Gyxis

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6 October 2015, LPG

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Gyxis, established on April 1, 2015, is focusing on expanding overseas sales as well as domestic sales. In order to meet this purpose, Gyxis is promoting expansion of its VLGC fleet. This new VLGC will be K Line's second VLGC under Time Charter contract with Gyxis.

"K" Line now operates 4 VLGCs and 1 VLGC being newly-built, and this latest agreement will expand its fleet to 6 VLGCs. As a part of our medium-term management plan "Value for our Next Century," "K" Line will continue to contribute to meet the expanding needs of LPG transportation utilizing the latest technology combined with established knowledge and know-how from its more than 40 years of LPG transport experience.

Source: MarketLine

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