K Line, GAIL, and J M Baxi Agree to Jointly Own LNG Carrier Under Long-Term Charter

Reuters
2026.01.28 02:04
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Kawasaki Kisen Kaisha, Ltd. ("K" LINE) has agreed with GAIL (India) Limited and J M Baxi Group to jointly own an LNG carrier under construction by Samsung Heavy Industries. The vessel, set for delivery in 2027, will operate under a long-term charter with GAIL. This agreement, formalized at India Energy Week in Goa, aligns with "K" LINE's strategy to expand in Asia and strengthen partnerships with GAIL and J M Baxi Group.