News / K Line will 'speed up' switch to greener fuels as cash flow exceeds expectations

K Line has said that while closely monitoring the geopolitical situation, it was confident of an income of some  ¥240bn ($1.5bn) this financial year. 

In a new year letter, the Japanese line’s president & CEO Yukikazu Myochin said the carrier would “strengthen its resilience to market conditions in order to prepare for short-term fluctuations and market conditions”. 

Noting the change of administration in the US, he wrote: “Major changes to trade and energy policies are expected. It will be important to carefully ...