Japan's Kawasaki Kisen prepared to reroute more ships away from US over tariffs, CEO says
- Posted on July 16, 2025
- By Yahoo News
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Japan's Kawasaki Kisen prepared to reroute more ships away from US over tariffs, CEO says
TOKYO (Reuters) -Japanese shipper Kawasaki Kisen (K-Line) is adjusting its U.S. services and is prepared to reroute more ships away to other regions as it braces for potentially higher U.S. tariffs, CEO Takenori Igarashi said on Wednesday. "There have been times when ships couldn't be fully loaded on some routes, and when we reduced the frequency of container services from East Asia to the U.S.," Igarashi, who took his post in March, told Reuters in an interview. One of Japan's major shipping companies, Kawasaki Kisen has factored in a 30 billion yen ($200 million) impact from U.S. tariffs for the financial year through March 2026, citing a hit to the car carrier business and lower container volumes and freight rates.