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"K"Line Strikes Long-Term Iron Ore Transport Agreement with Anshan Iron Steel Group.


Tokyo, Sept 2, 2009 - (JCN JCN Japan Corporate News
JCN Journal of Cognitive Neuroscience
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JCN joint communications network (US DoD) 
) - Kawasaki Kisen Kaisha, Ltd. recently concluded a long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 iron ore transport agreement with the Anshan Iron and Steel Group (based in Anshan City, Liaoning Province, China) to transport Australian Australian

pertaining to or originating in Australia.


Australian bat lyssavirus disease
see Australian bat lyssavirus disease.

Australian cattle dog
a medium-sized, compact working dog used for control of cattle.
 iron ore using capesize bulk carriers.

Approximately 10-year agreement to transport iron ore from Australia to China using 170,000-ton bulk carriers, starting in October 2009, with an annual transport volume of approximately 1.5 million tons

The Anshan Iron and Steel Group has joined together with the Benxi Iron and Steel Group, also based in Liaoning Province, to form the Anben Group. Anshan Iron and Steel is a leading iron and steel maker in China, with crude steel production of 23.4 million tons in 2008.

It is a core company in northeastern China under the Chinese government's iron and steel industry policies. Last year, it constructed an integrated seaside Seaside.

1 City (1990 pop. 38,901), Monterey co., W Calif., on Monterey Bay, in a fruit region; founded 1887, inc. 1954. Its economy is based largely upon tourism. California State Univ. Monterey Bay is there, on the former site of Fort Ord.
 blast furnace blast furnace, structure used chiefly in smelting. The principle involved in this means of extracting metals is that of the reduction of the ores by the action of carbon monoxide, i.e., the removal of oxygen from the metal oxide in order to obtain the metal.  plant in Yingkou on the shores of Liaodong Bay that processes mainly imported iron ore.

"K" Line views increase of business entries into the growing Chinese market as one of the most important target for its business expansion plan. Following the agreement the company aims for more opportunities to be involved in the iron ore transport business in China.

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Publication:JCNN News Summaries
Date:Sep 2, 2009
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