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Kawasaki Kisen poised for 23-fold surge in profit to record $2bn

Container ship demand buoys Japan shipper beyond upgraded guidance for 1st half

Ocean Network Express, the containership joint venture known as ONE, helped lift Kawasaki Kisen Kaisha's profit to a new record in the first half.   © Reuters

TOKYO -- Japanese marine shipper Kawasaki Kisen will likely report a record pretax profit of roughly 230 billion yen ($2.02 billion) for the first half ended September, Nikkei has learned, a company record for any six-month period, thanks to the boom in container ship demand.

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