Recent events
Recent events tied to this brand in public sources.
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2022
India fines car carrier companies over cartel conduct
India’s Competition Commission of India imposed fines totaling nearly $8.5 million on NYK Line, K-Line, Mitsui O.S.K. Lines, and Nissan Motor Car Carrier Company after finding them guilty of violating competition law through cartel conduct. The commission also ordered the companies to stop cartel actions and not enter such agreements in the future.
2020
Yinson announces sale of a minority stake in its Brazil FPSO unit to K Line
Yinson said it would sell an 8.5% to 10% stake in Yinson Boronia Consortium to K Line for US$49 million. The proposed disposal was subject to merger control clearance and was expected to be completed in the fourth quarter of 2023.
2019
CNH Industrial completes acquisition of K Line Ag
CNH Industrial completed its acquisition of K Line Ag, an Australian agricultural tillage and residue management equipment manufacturer, on December 2, 2019. The acquisition had previously been announced on November 4, 2019.