K Line dismisses bankruptcy speculation

As we begin to become accustomed to a Hanjin-less world, the inevitable question is: who’s next? Attention has turned to Japanese carrier K Line, the smallest of the big three Japanese shipping firms, and arguably the one in the weakest position to withstand the continued financial pressure of operating in shipping’s deflationary environment. However, rumours that it might be heading for bankruptcy have been strenuously denied by the company’s investor relations department to Splash247 today.