Major Japanese shipowner K Line is closely watching 2025’s new world order as it exceeds profit targets.

Chief executive Yukikazu Myochin told staff in a New Year address that geopolitical upheaval and a change in the US government make the future uncertain.

US has 100 more tankers, Russian oil companies and traders in its sanctions crosshairs
 Read more

He cited alterations to shipping routes caused by Houthi attacks on ships in the Red Sea.