Kawasaki Kisen Kaisha (9107.JP) rose 6.3% for the day as ONE added a fuel surcharge
Kawasaki Kisen Kaisha (9107.JP) closed at 2,813 yen today (17th), with a daily increase of 6.33%. The company's stock price ranked among the top gainers today alongside two other major shipping companies. Reports indicate that due to rising oil prices, the container shipping business company Ocean Network Express (ONE), funded by the three companies, will introduce a fuel surcharge starting from the 24th, which will be added to the freight charges. The market believes that this arrangement will help offset the cost pressures brought about by rising crude oil prices; at the same time, under tight supply and demand, expectations for rising container shipping rates continue
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