{"id":22404,"date":"2026-01-29T05:00:56","date_gmt":"2026-01-29T05:00:56","guid":{"rendered":"https:\/\/projectcargoglobal.com\/?p=22404"},"modified":"2026-01-29T15:44:27","modified_gmt":"2026-01-29T15:44:27","slug":"k-line-enters-agreement-with-gail","status":"publish","type":"post","link":"https:\/\/projectcargoglobal.com\/?p=22404","title":{"rendered":"K LINE enters agreement with GAIL"},"content":{"rendered":"

Kawasaki Kisen Kaisha, Ltd. (\u201cK\u201d LINE) has agreed in principle with GAIL (India) Limited (GAIL) and J M Baxi Group (J M Baxi), our business partner in India, on the joint ownership of an LNG carrier currently under construction by Samsung Heavy Industries Co., Ltd. <\/strong><\/p>\n

Upon delivery, the vessel is scheduled to be put into service under a long-term time charter with GAIL. The three partners held a signing ceremony during India Energy Week in Goa on January 27 that was attended by the honorable Shri Hardeep Singh Puri, the Minister of Petroleum and Natural Gas of the Government of India.<\/p>\n

This initiative is part of our strategy\u201cAcquiring opportunities in future growth markets such as Asia\u201d identified in our Medium-Term Management Plan. \u201cK\u201d LINE concluded a long-term time charter contract with GAIL, which was announced on December 2, 2024, and has it has an established long-standing track record of collaboration with J M Baxi in the Indian market through agency services and logistics operations. By jointly owning the vessel, \u201cK\u201d LINE aims to further strengthen its relationships with both companies and continue to pursue the development of new business opportunities, particularly in the Asian region.<\/p>\n

 
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Kawasaki Kisen Kaisha, Ltd. (\u201cK\u201d LINE) has agreed in principle with GAIL (India) Limited (GAIL) and J M Baxi Group<\/p>\n","protected":false},"author":9,"featured_media":22405,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[2449,2450,1902],"class_list":["post-22404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-gail","tag-j-m-baxi","tag-k-line"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paPyrk-5Pm","jetpack-related-posts":[{"id":23149,"url":"https:\/\/projectcargoglobal.com\/?p=23149","url_meta":{"origin":22404,"position":0},"title":"“K” LINE secures contract from Northern Lights","author":"Project Cargo Global","date":"June 4, 2026","format":false,"excerpt":"Kawasaki Kisen Kaisha, Ltd. (\u201cK\u201d LINE) is pleased to announce that, jointly with Malaysia-based MISC Berhad (MISC), it has secured a time charter contract for a newly built 12,000 m3 liquefied CO2 carrier (the Contract) from Northern Lights JV DA (Northern Lights). This vessel will be constructed by Dalian Shipbuilding\u2026","rel":"","context":"In "Latest News"","block_context":{"text":"Latest News","link":"https:\/\/projectcargoglobal.com\/?cat=4"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcargoglobal.com\/wp-content\/uploads\/2026\/03\/K-LINE-Sumitomo-.jpg?fit=640%2C356&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcargoglobal.com\/wp-content\/uploads\/2026\/03\/K-LINE-Sumitomo-.jpg?fit=640%2C356&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcargoglobal.com\/wp-content\/uploads\/2026\/03\/K-LINE-Sumitomo-.jpg?fit=640%2C356&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":22715,"url":"https:\/\/projectcargoglobal.com\/?p=22715","url_meta":{"origin":22404,"position":1},"title":"TII marks ten years in India","author":"Project Cargo Global","date":"March 18, 2026","format":false,"excerpt":"Ten years ago, TII India Pvt. Ltd. commenced production in Bawal, near New Delhi. The site began operations in 2015 with the assembly of pre-assembled modules and has since developed into an integral part of the TII Group\u2019s global value chain. With around 350 employees, a production area of 30,000\u2026","rel":"","context":"In "Latest News"","block_context":{"text":"Latest News","link":"https:\/\/projectcargoglobal.com\/?cat=4"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcargoglobal.com\/wp-content\/uploads\/2026\/03\/TII-India-ten-years.jpeg?fit=640%2C356&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcargoglobal.com\/wp-content\/uploads\/2026\/03\/TII-India-ten-years.jpeg?fit=640%2C356&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcargoglobal.com\/wp-content\/uploads\/2026\/03\/TII-India-ten-years.jpeg?fit=640%2C356&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":23340,"url":"https:\/\/projectcargoglobal.com\/?p=23340","url_meta":{"origin":22404,"position":2},"title":"K LINE delivers two vessels to PETRONAS","author":"Project Cargo Global","date":"July 7, 2026","format":false,"excerpt":"Kawasaki Kisen Kaisha, Ltd. (\u201cK\u201d LINE) is pleased to announce that following the delivery of the newbuilt liquefied natural gas (\u201cLNG\u201d) carrier, Puteri Johor for PETRONAS LNG Ltd. (\u201cPLL\u201d) on 29 May 2026, at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. in China (\u201cShipyard\u201d), its sister vessel, Puteri Kedah was delivered on\u2026","rel":"","context":"In "Latest News"","block_context":{"text":"Latest News","link":"https:\/\/projectcargoglobal.com\/?cat=4"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcargoglobal.com\/wp-content\/uploads\/2026\/07\/K-LINE-Petronas-.jpeg?fit=640%2C356&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcargoglobal.com\/wp-content\/uploads\/2026\/07\/K-LINE-Petronas-.jpeg?fit=640%2C356&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcargoglobal.com\/wp-content\/uploads\/2026\/07\/K-LINE-Petronas-.jpeg?fit=640%2C356&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":22884,"url":"https:\/\/projectcargoglobal.com\/?p=22884","url_meta":{"origin":22404,"position":3},"title":"“K” LINE acquires “K” Line Wind Service","author":"Project Cargo Global","date":"April 16, 2026","format":false,"excerpt":"Kawasaki Kisen Kaisha, Ltd. 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(President & CEO: Takenori Igarashi; \u201cK\u201d LINE) signed a commitment line agreement (Agreement) utilizing the Mizuho Natural Capital Impact Finance scheme (the Financing Scheme)*1 and arranged through a syndicate led by Mizuho Bank, Ltd. (President & CEO: Masahiko Kat\u014d; Mizuho Bank). This is the first case\u2026","rel":"","context":"In "Latest News"","block_context":{"text":"Latest News","link":"https:\/\/projectcargoglobal.com\/?cat=4"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcargoglobal.com\/wp-content\/uploads\/2026\/03\/K-LINE-logo.jpg?fit=640%2C356&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcargoglobal.com\/wp-content\/uploads\/2026\/03\/K-LINE-logo.jpg?fit=640%2C356&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcargoglobal.com\/wp-content\/uploads\/2026\/03\/K-LINE-logo.jpg?fit=640%2C356&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/projectcargoglobal.com\/wp-content\/uploads\/2026\/01\/K-LINE-GAIL-.jpeg?fit=640%2C356&ssl=1","_links":{"self":[{"href":"https:\/\/projectcargoglobal.com\/index.php?rest_route=\/wp\/v2\/posts\/22404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/projectcargoglobal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/projectcargoglobal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/projectcargoglobal.com\/index.php?rest_route=\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/projectcargoglobal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22404"}],"version-history":[{"count":1,"href":"https:\/\/projectcargoglobal.com\/index.php?rest_route=\/wp\/v2\/posts\/22404\/revisions"}],"predecessor-version":[{"id":22406,"href":"https:\/\/projectcargoglobal.com\/index.php?rest_route=\/wp\/v2\/posts\/22404\/revisions\/22406"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/projectcargoglobal.com\/index.php?rest_route=\/wp\/v2\/media\/22405"}],"wp:attachment":[{"href":"https:\/\/projectcargoglobal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/projectcargoglobal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/projectcargoglobal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}