{"id":22884,"date":"2026-04-16T05:00:59","date_gmt":"2026-04-16T05:00:59","guid":{"rendered":"https:\/\/projectcargoglobal.com\/?p=22884"},"modified":"2026-04-14T11:37:20","modified_gmt":"2026-04-14T11:37:20","slug":"k-line-acquires-k-line-wind-service","status":"publish","type":"post","link":"https:\/\/projectcargoglobal.com\/?p=22884","title":{"rendered":"“K” LINE acquires “K” Line Wind Service"},"content":{"rendered":"

Kawasaki Kisen Kaisha, Ltd. (\u201cK\u201d LINE) and its wholly owned subsidiary Kawasaki Kinkai Kisen Kaisha, Ltd. (Kawasaki Kinkai Kisen) announce that \u201cK\u201d LINE has acquired all of the shares of \u201cK\u201d Line Wind Service, Ltd. (KWS) held by Kawasaki Kinkai Kisen, making it a wholly owned subsidiary of \u201cK\u201d LINE. <\/strong><\/p>\n

Previously, the two companies operated KWS as a joint venture.<\/p>\n

KWS was established in 2021 as a joint venture between \u201cK\u201d LINE and Kawasaki Kinkai Kisen. With a view toward the anticipated growth of offshore wind power generation, KWS is engaged in the offshore wind support vessel business, including the operation of work vessels and geotechnical survey vessels.<\/p>\n

The goal of the acquisition is to accelerate decision-making and achieve more integrated business operations to facilitate the growth of KWS\u2019s business and enhance the corporate value of the \u201cK\u201d LINE Group as a whole.<\/p>\n

Date of Share Acquisition: March 31, 2026.<\/p>\n

Kawasaki Kinkai Kisen, together with Offshore Operation Co., Ltd.,*1 will continue to support KWS\u2019s businesses as part of the \u201cK\u201d LINE Group.<\/p>\n

*1 A subsidiary of Kawasaki Kinkai Kisen. The company operates offshore support vessels in a wide range of fields, including support operations associated with marine resource development and offshore wind power projects, marine surveys, offshore construction, towing and maritime salvage.<\/p>\n

 
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Kawasaki Kisen Kaisha, Ltd. (\u201cK\u201d LINE) and its wholly owned subsidiary Kawasaki Kinkai Kisen Kaisha, Ltd. (Kawasaki Kinkai Kisen) announce<\/p>\n","protected":false},"author":9,"featured_media":22723,"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":true,"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":[1902],"class_list":["post-22884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-k-line"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paPyrk-5X6","jetpack-related-posts":[{"id":21023,"url":"https:\/\/projectcargoglobal.com\/?p=21023","url_meta":{"origin":22884,"position":0},"title":"KWS and SN Marine form capital alliance","author":"Project Cargo Global","date":"August 21, 2025","format":false,"excerpt":"\u201cK\u201d Line Wind Service, Ltd. (KWS), a joint venture between Kawasaki Kisen Kaisha, Ltd. and Kawasaki Kinkai Kisen Kaisha, Ltd., reached an agreement with the shareholders of SN Marine Co., Ltd. (SN Marine), including Sugahara Kisen Co., Ltd., regarding a capital alliance with SN Marine through a third-party allotment of\u2026","rel":"","context":"In "Latest News"","block_context":{"text":"Latest News","link":"https:\/\/projectcargoglobal.com\/?cat=4"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23340,"url":"https:\/\/projectcargoglobal.com\/?p=23340","url_meta":{"origin":22884,"position":1},"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":23678,"url":"https:\/\/projectcargoglobal.com\/?p=23678","url_meta":{"origin":22884,"position":2},"title":"“K” LINE signs agreements with NIHON SHIPYARD","author":"Project Cargo Global","date":"September 2, 2026","format":false,"excerpt":"Kawasaki Kisen Kaisha, Ltd. 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(President and CEO: Takenori Igarashi, hereinafter \u201c \u201cK\u201d LINE \u201d) announces that it has decided to transfer the logistics business operated in Thailand by \u201cK\u201d LINE (THAILAND) LTD. (hereinafter \u201cKTL\u201d), a subsidiary of \u201cK\u201d LINE in Thailand, to \u201cK\u201d LINE LOGISTICS (THAILAND) LTD. (hereinafter \u201cKLL TH\u201d),\u2026","rel":"","context":"In "Latest News"","block_context":{"text":"Latest News","link":"https:\/\/projectcargoglobal.com\/?cat=4"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23065,"url":"https:\/\/projectcargoglobal.com\/?p=23065","url_meta":{"origin":22884,"position":5},"title":"“K” LINE and ALAM enter into MoU","author":"Project Cargo Global","date":"May 20, 2026","format":false,"excerpt":"Kawasaki Kisen Kaisha, Ltd. 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