Kline refuses bankruptcy speculations

Japanese shipping major Kawasaki Kisen Kaisha (KLine) is refuting recent reports that the company will file for bankruptcy protection and follow Hanjin Shipping into administration. Also, reports have indicated the line can file for court receivership within the next two weeks.
Kline's PR Group general manager announced that these rumors are “untrue, completely groundless”. At the same time, Kline published a loss relating to owners of the parent of 26.8 billion yen in the first quarter of its fiscal year 2016-17 comparing with profits of 10.2 billion yen for the same quarter a year earlier. 

The Massachusetts terminals in the port of Boston handle over 1 million TEU of cargo per year.

In 2016 The Boston's Port has received USD 107.5 million of investment for the construction of new berth  with three new cranes to accommodate  bigger vessels at the Conley terminal. Also, as per US Transportation Department, MA will receive USD 42 million for reconstruction and improvement of Conley terminal's existing area.

During 2015 and 2016 it attained record cargo volumes including double growing of the import and export. After Expansion of Panama Canal  the terminal is receiving 60 % larger vessels on the Asia to the East Coast route.

For now, with new investments  Boston is continuing to grow as a  strategical port for international shipping and is developing as important part of marine economy.

The construction of a new freight port in Stockholm has started few days ago. The Norvik Port will be located north of Nynäshamn. It will be a new container port starting it's operation in around 3 years.

As per the Norvik Port authorities, the port can't meet up-to-date container ships and volume of cargo arriving. It was decided back in April 2016 to develop a completely new infrastructure with Norvik Logistics and Business Park as a complement.

Nynäshamn’s Stockholm Norvik Port is expected to handle 90% of cargo arriving to Sweden

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