China imported about 290 million tonnes of iron in the first half of 2009, which is 25 per cent more than the same period of 2008. … We have increasing confidence in sustainable growth of dry bulk markets. As for the tanker market, we must not expand our current fleet without the real forecast of demands in Aframax tankers. Car sales worldwide are showing visible improvement but not significant enough. … We are confident that KLPL and ‘K’ Line Group would enjoy continued growth in the region when the global economy recovers.
Written by a “K” Line executive in the Shipping Times, November 4, 2009