TOYOTA MARU No.10, which was owned and operated by Kawasaki Kisen Kaisha, Ltd. (“K” LINE), has been selected by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE) through their “Ship Heritage” project in recognition of it having been Japan’s first Pure Car Carrier (PCC). JASNAOE first introduced the “Ship Heritage” project in 2017 with the goal of honoring and giving recognition to vessels and vessel-related items that have historical, academic and/or technical value, as well as promoting public recognition of their being viewed as symbols of cultural heritage to be passed along to future generations. TOYOTA MARU No.10, which was built by Kobe Works of Kawasaki Heavy Industries, Ltd., and launched on July 9, 1970, was Japan’s first Pure Car Carrier (PCC) designed exclusively for the ocean transport of completed cars. As an integral part of its concept & design, cargo damage was largely eliminated, and a dramatic improvement in service quality was realized by avoiding delays in schedule due to the waiting time for return cargo or weather, for which TOYOTA MARU No.10 has been recognized as the pioneer of PCC in the shipping industry, “K” LINE has optimized its fleet and focused on technological innovation while working to achieve the highest level of safety in navigation and prevention of damage to goods during transport to meet the rapidly changing needs of global automobile markets. We remain committed to providing services tailored to customer needs around the world in the future.
Archives for July 2019
Japan’s first Pure Car Carrier “TOYOTA MARU No.10” Awarded “Ship Heritage” Recognition
GEODIS opens airside freight handling gateway at Schiphol
Global logistics specialist launches innovative airfreight handling system at Amsterdam’s Schiphol Airport hub
GEODIS Netherlands announced the opening of its new Airside Gateway at Schiphol, which represents the beginning of a faster and safer way of airfreight handling. Time is precious to customers and their demand for the quick delivery of goods is increasingly important. The Gateway being located airside will help meet these demands and at the same time enhance security. GEODIS Netherlands in reacting to a tremendous growth in volumes has introduced its Amsterdam Gateway to further accelerate this expansion while anticipating the demands of the future market.
The GEODIS Amsterdam Gateway (AMS-GTW) comprises 2500 m2 of warehouse and office space directly next to the
airport’s runway. Ellis de Jong, Operations Director Freight Forwarding: “We estimate that Gateway will bring a significant decrease in airfreight handling times, ensuring quicker delivery of cargo and a better service to our customers. Export wise, with Gateway we gain more efficiencies on the consolidation side.”
The Amsterdam Gateway is part of the long term growth strategy of GEODIS, in which innovation is a key element. Thomas Kraus, President & CEO North, East and Central Europe says: “The opening of the Amsterdam Gateway is the next important step in both our regional planning and in our global growth ambitions. It will substantially increase our competitiveness and reinforce the crucial hubbing function of our airfreight operation in the region.”
GEODIS – www.geodis.com
GEODIS is a top-rated, global supply chain operator recognized for its passion and commitment to helping clients overcome their logistical constraints. GEODIS’ growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport) coupled with the company’s truly global reach thanks to a direct presence in 67 countries, and a global network spanning 120 countries, translates in top business rankings, #1 in France, #4 in Europe and #7 worldwide. In 2018, GEODIS accounted for over 41,000 employees globally and generated €8.2 billion in sales.
Young International Freight Forwarder of the Year Award 2019 – Regional Winners
London, 15 July 2019
Having successfully surpassed twenty years of heritage, this competition is now a traditional feature in the international freight forwarders calendar. The collaboration between, leading international insurer, TT Club and the International Federation of Freight Forwarders Associations, FIATA is once more in a position to announce the regional winners of the Young International Freight Forwarder of the Year Award (YIFFYA) 2019.
In introducing these bright young professionals FIATA President Babar Badat said, “Encouraging more young professionals to join the FIATA community has always been a priority for me. I am encouraged again to see these excellent candidates presenting dissertations that cover a wide range of logistic subjects, which demonstrate the challenges that forwarders face every day and the customized solutions they are able to offer. My sincere congratulations to the four regional winners who are ….”
Europe – Mrs Evgeniya Khokhlova Russia (FAR)
Africa/ Middle East – Mr Enos Chapra Zimbabwe (SFAAZ)
Americas – Ms Rachael van Harmelen Canada (CIFFA)
Asia Pacific – Mr Phillip Burgess New Zealand (CBAFF)
TT Club has had the honour to sponsor the competition throughout its twenty plus years of existence and Mike Yarwood, TT Club’s Senior Loss Prevention Executive and Chairman of the Award Steering Committee commented, “In the current challenging global trade environment, where supply chains are under increasing pressure to adapt quickly to regulatory, political and economic pressures, we at TT Club believe the training and professional advancement of young freight operators must be paramount.”
“This award aims to contribute to the development of quality professionals and reward young talent.”
At the FIATA World Congress in Cape Town (1st – 5th October), hosted by the South African Association of Freight Forwarders, the four regional winners will be invited to
present their dissertations to the Award Steering Committee, the final judging will take place and the winner of the YIFFYA for 2019 will be announced.
The prize to be awarded to the winner principally consists of practical and academic training, including a week based at one of TT Club’s regional centres in London, Hong Kong or New Jersey plus a week in TT Club’s Head Office in London. Additionally, one year’s subscription to the International Transport Journal (ITJ) is provided to all four regional winners.
The entries this year were, as ever, of a high standard and drew from a wide range of dissertation topics. The work of the entrants demonstrated the complexity of processes carried out within the global supply chain and the logistics skills required to serve it. Both FIATA and TT Club wish to thank all those individuals who entered this year’s competition and also to acknowledge their employers and national freight forwarding associations for the enthusiasm and commitment they have shown to on-going training with the international logistics and freight forwarding sector.
ENDS
About TT Club
TT Club is the international transport and logistics industry’s leading provider of insurance and related risk management services. Established in 1968, the Club’s membership comprises ship operators, ports and terminals, road, rail and airfreight operators, logistics companies and container lessors. As a mutual insurer, the Club exists to provide its policyholders with benefits, which include specialist underwriting expertise, a world-wide office network providing claims management services, and first class risk management and loss prevention advice.
About FIATA
The International Federation of Freight Forwarders Associations (FIATA) was founded in Vienna, Austria on 31 May 1926. It is a non-governmental organisation that today represents an industry covering approximately 40,000 forwarding and logistics firms, employing around 10 million people in some 160 countries. FIATA has consultative status with the Economic and Social Council (ECOSOC) of the United Nations, the United Nations Conference on Trade and Development (UNCTAD), and the UN Commission on International Trade Law (UNCITRAL) as well as many other UN related bodies such as the World Bank. It is recognised as representing the freight forwarding industry by many other governmental organisations, governmental authorities, private international organisations in the field of transport and logistics, such as the European Commission (through CLECAT), the International Chamber of Commerce (ICC), the International Air
Transport Association (IATA), the International Union of Railways (UIC), the International Road Transport Union (IRU), the World Customs Organization (WCO), and the World Trade Organization (WTO). Learn more at www.fiata.com.
Delivery of ‘Corona’ Series Coal Carrier “CORONA DYNAMIC”
Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called “K” Line) is proud to announce the delivery of “CORONA DYNAMIC,” a 91,000 DWT-type special coal carrier at Oshima Shipbuilding Co., Ltd. on July 11, 2019.
CORONA DYNAMIC is same type as “K” Line’s specialized fleet for transport of thermal coal known as the “Corona-series.” The Corona-series consists of epoch-making coal carriers equipped with wide beam and shallow draft, which are the most suitable type to enter ports of Japanese Thermal Power Stations to discharge cargo.
CORONA DYNAMIC is equipped with latest energy-saving and ecological technology such as Advanced Flipper Fins and Rudder Bulb which promote her propeller efficiency as well as ballast water management system which saves marine ecosystem.
CORONA DYNAMIC will be principally involved in long-term service carrying thermal coal to Hokuriku Electric Power Company’s Thermal Power Plant.
| Vessel’s Specifications | |||
| LOA | 234.99 M | Deadweight Tons | 91,881 MT |
| Beam | 43.00 M | Gross Tons | 52,128 T |
| Depth | 18.40 M | Net Tons | 28,945 T |
| Full Draft | 12.885 M | Hold/Hatch | 5/5 |
“K”Line Selected for Leading Global ESG Indices, including FTSE4Good Index Series and FTSE Blossom Japan Index
Kawasaki Kisen Kaisha, Ltd. (“K” Line) has been selected again as a constituent of the “FTSE4Good Index Series”, one of the leading global indices for ESG investing (*), for the 17th consecutive year since its initial inclusion in 2003 and “FTSE Blossom Japan Index” for three consecutive years since 2017.
FTSEFTSE4Good Global Index is an index developed by FTSE Russell, wholly owned subsidiary of London Stock Exchange Group, whose constituents are selected by measuring their performance in terms of management and information disclosure utilizing globally-recognized Environmental, Social and Governance (ESG) standards (1,034 companies selected world-wide, including 175 Japanese companies). FTSE Blossom Japan Index reflects the performance of Japanese companies that demonstrate strong ESG practices (179 companies selected). This index has been adopted as a benchmark of ESG investing by Government Pension Investment Fund (GPIF) in Japan. 4Good Global Index is an index developed by FTSE Russell, wholly owned subsidiary of London Stock Exchange Group, whose constituents are selected by measuring their performance in terms of management and information disclosure utilizing globally-recognized Environmental, Social and Governance (ESG) standards (1,034 companies selected world-wide, including 175 Japanese companies). FTSE Blossom Japan Index reflects the performance of Japanese companies that demonstrate strong ESG practices (179 companies selected). This index has been adopted as a benchmark of ESG investing by Government Pension Investment Fund (GPIF) in Japan.
In addition, we have also been selected as a constituent of the “MSCI Japan Empowering Women Index” (WIN, 224 companies selected) and “S&P/JPX Carbon Efficient Index (1,733 companies selected). Those indices have also been adopted by GPIF as a benchmark of ESG investing.
We have raised ESG as one of the important initiatives in our medium-term management plan. We will continue striving to fulfill our social responsibility through our business activities and contribute to sustainable progress of the society.
*ESG investing describes an investment strategy which takes account of enterprises’ social, ethical and environmental aspects as well as financial performance.
“K” Line – Commencement of long-term voyage contract for Emirates Global Aluminium
“K”Line Group has long-term voyage contract with Emirates Global Aluminium(EGA) to carry Bauxite in bulk by capesize vessels, and the first vessel(MV Cape Taweelah) arrived at Port Khalifa, UAE on 23rd June 2019 from loading port at Kamsar, Guinea.
Upon her arrival an inaugural ceremony was held by EGA, where Mr.Abdulla Kalban Managing Director & CEO of EGA, Mr.Abdullah Humaid Al Hameli Executive Vice President of Corporate and Acting CEO of Abu Dhabi Ports, Mr. Atsuo Asano Representative Director of “K”Line and many concerned parties celebrated the first memorable arrival of this fully-laden capesize vessel at GCC port.
EGA is equally-owned by Mubadala Investment Company of Abu Dhabi and the Investment Corporation of Dubai, which is the largest industrial company in UAE outside the oil and gas industry and the largest company jointly owned by the two Emirates. EGA began production at its new Al Taweelah Alumina refinery in April. Alumina refineries process Bauxite ore into Alumina, the feedstock for Aluminium smelters.
“K”Line shall provide the safe and competitive service of the seaborne transportation for the customers’ project.
“K” Line, Taipower, U-Ming, and Kuang Ming to Establish New Joint Venture Shipping Company in Taiwan
Kawasaki Kisen Kaisha, Ltd. (hereinafter “K” Line), Taiwan Power Company (hereinafter Taipower), U-Ming Marine Transport Corporation (hereinafter U-Ming), and Kuang Ming Shipping Corporation (hereinafter Kuang Ming) have agreed to establish a new joint venture shipping company, and jointly signed Memorandum of Understanding（MOU）in Taipei, Taiwan on July 1. This new joint venture will own both coal and LNG carriers, and operate them for transporting these raw materials to Taipower.
With respect to managing and transporting coal and LNG, “K” Line has accumulated an abundance of experience and specialized skills. We, therefore, will devote ourselves to contribute to the safety of Taiwan’s energy requirements by providing our many years of accumulated know-how in ship management and safe ship operations to this new joint venture.
Overview of Joint Venture Company
| (1) Name | To be decided |
| (2) Date of establishment | October 2020 (planned) |
| (3) Location | Taipei, Taiwan |
| (4) Business activities | Ownership and operation of coal and LNG carriers |
| (5) Capital | NT$1 billion (approximately 3.6 billion yen) |
| (6) Investment ratio | Taipower: 40.0% U-Ming: 32.5% Kuang Ming: 20.0% “K” Line: 7.5% |
GEODIS receives its 6th Gold Rating from EcoVadis
EcoVadis, the ratings agency for Corporate Social Responsibility (CSR) performance in global supply chains, has given GEODIS an overall grade of 72/100 (+2 points compared to 2018).
This year, GEODIS was again commended by EcoVadis with the “Gold” recognition level. The Group has therefore continued its upward progression, compared to 2018, with an overall grade of 72/100*. This excellent rating puts GEODIS among the top 300 companies out of a total of 30,000 assessed. EcoVadis therefore recognizes GEODIS as one of the most advanced and committed businesses all sectors combined, in terms of environmental, social, ethical and responsible purchasing approaches.
Marie-Christine Lombard, Chief Executive Officer of GEODIS says: “I am very pleased as this is the highest result since the Group’s first assessment in 2009. It recognizes more than 10 years of working to carry out concrete and consistent CSR actions as well as our unwavering commitment to satisfy all stakeholders, fully including society at large.
The EcoVadis evaluation focuses on four topics for which GEODIS obtained the following scores:
– Environment: Top 1% of companies assessed by EcoVadis – 90/100
– Labor & Human Rights: Top 3% – 70/100
– Sustainable Procurement: Top 3% – 60/100
– Fair Business Practices: Top 9% – 60/100
The significant progress (+10 points) on the fair business practices theme is particularly related to the measures set up in the context of the GDPR**, for example:
– Procedures and measures implemented to protect the confidential data of our customers
– Measures to protect the customer or the customer’s data against unauthorized access or disclosure
– Restrictions on the type and amount of confidential information collected and stored
Philippe de Carné, Executive Vice President Business Development, Innovation & Business Excellence, comments: “This recognition demonstrates the successful implementation of our CSR approach and encourages us to go further. Whether it concerns data privacy, HR practices and of course taking action to reduce the environmental impact of our activities, we are committed to reinforcing the scope of the actions we undertake, with the objective to reach the best standards of corporate citizenship.”
(*) 2019 evaluation based on 2018 data .(**) General data protection regulation
GEODIS – www.geodis.com
GEODIS is a top-rated, global supply chain operator recognized for its passion and commitment to helping clients overcome their logistical constraints. GEODIS’ growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport) coupled with the company’s truly global reach thanks to a direct presence in 67 countries, and a global network spanning 120 countries, translates in top business rankings, #1 in France, #4 in Europe and #7 worldwide. In 2018, GEODIS accounted for over 41,000 employees globally and generated €8.2 billion in sales.