K Line takes stake in Zhejiang shipyard
Keith Wallis - Thursday 5 November 2009
JAPAN’s Kawasaki Kisen Kaisha has made its second investment in a Chinese shiprepair yard, taking a 12% stake in Zhejiang Eastern Shipyard (Zesco) in eastern China’s Zhejiang province about 34 km south of Shanghai.
The shipping company invested $25m in August last year to become a strategic partner in the Titan Quanzhou Shipyard, about ...



