Transport communications

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Publication of “K” LINE REPORT 2019

Kawasaki Kisen Kaisha, Ltd. (“K” Line) is pleased to announce publication of “K” LINE REPORT 2019.

The purpose of the report is to provide all “K” Line stakeholders with a better understanding of the Group’s basic policies and activities for improving our corporate values as well as providing both financial and non-financial information.

This report is composed of the following contents.

“K” Line Group Value Creation : Explains our group’s philosophy, vision and strengths amassed during its history with “Value Creation Model”.
”Special Feature” describes our 100-year history and efforts to improve corporate value.

Value Creation Initiatives : Explains overview of both financial and non-financial information and gives outline of each business as a basis
for Value Creation.

Foundation of Value Creation : Explains ESG Initiatives. In “ESG Interview,” the importance of ESG in corporate management and management issues is discussed by our President.

“K” LINE REPORT 2019 is available on “K” Line’s website at :

https://www.kline.co.jp/en/ir/library/report.html

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DACHSER focuses on training

Professional qualifications are also becoming more important

Kempten, September 23, 2019.

At the start of the new training year, 740 apprentices and students in Germany chose to start training at Dachser. In addition to trainees in commercial areas, Dachser also recruited many junior logistics operatives.

Dachser CEO Bernhard Simon firmly believes that “to provide excellent logistics, you need excellent employees—and at all levels.” “A company’s success is always determined by people as they’re the ones who deliver the quality.” The family-owned company has always placed great value on training its staff. At the start of the new training year, more than 740 future logistics specialists started working at Dachser’s German branches. They’ll be training either in commercial or in operational areas of the business and 34 of them are completing a dual work-study program with Dachser. Currently, Dachser has a total of more than 1,860 trainees and students across Germany. The company aims to employ the junior logistics specialists on a permanent basis once they have completed their training. It’s not uncommon for people to work at the company for a long time: in Germany, for example, out of around 16,300 employees, over 10 percent have been at the company for more than 20 years.

One of the region’s largest IT employers

At Dachser’s head office in Kempten, 30 young people started their careers on September 1. As well as nine dual business administration students majoring in logistics, four freight forwarding and logistics specialists, and five office management specialists, twelve young people started training in corporate IT at Dachser in Kempten as apprentices or dual-study students. Among the seven students in IT, three come from the Game Engineering course at Kempten University of Applied Sciences for the first time. With 430 employees in Kempten, the logistics provider is one of the largest IT employers in the Allgäu region of Germany. Starting in 2020, Dachser IT will expand its range of training opportunities to include training for IT specialists in application development, IT specialists in systems integration and IT management assistants. More than 1,360 employees currently work at Dachser Head Office in Kempten. Over 730 Dachser employees worldwide are responsible for ensuring high-performance IT.

Focus on logistics operatives

Logistics operatives create at least half of Dachser’s value, which is why the family-owned company places a strong focus on this occupational group. “The logistics industry is struggling more and more to attract enough qualified workers,” says Simon. “It’s our duty to inspire people to work in this exciting industry, but also to retain them.” Dachser carried out an extensive project to develop a concept specifically aimed at logistics operatives. “First we held in-depth discussions with our colleagues in operational areas and asked them about their needs and expectations of us as an employer,” says Vera Weidemann, Head of Corporate Human Resources at Dachser. “The outcome is helping us to ensure that we attract the right employees, motivate them to stay with the company, and give them the appreciation they deserve.” Weidemann is therefore delighted that 335 apprentices have currently opted to pursue a career in operational roles at Dachser in Germany. They will train to work in warehouse logistics operatives, professional truck drivers, or warehouse clerks.

Hiring new drivers

Dachser is also working hard to attract new truck drivers. Although Dachser employs only a very small number of its own drivers, its subsidiary Dachser Service und Ausbildungs GmbH trains and develops truck drivers in collaboration with independent subcontractors, and supports them on their journey to becoming self-employed. As a new training year starts, 112 prospective drivers are starting out across Germany, where Dachser is training 251 professional drivers in total.

ENDS

About Dachser:

A family-owned company headquartered in Kempten, Germany, Dachser offers transport logistics, warehousing, and customer-specific services in two business fields: Dachser Air & Sea Logistics and Dachser Road Logistics. The latter consists of two business lines: Dachser European Logistics and Dachser Food Logistics. Comprehensive contract-logistics services and industry-specific solutions round out the company’s range. A seamless shipping network—both in Europe and overseas—and fully integrated IT systems ensure intelligent logistics solutions worldwide.

Thanks to some 30,600 employees at 399 locations all over the globe, Dachser generated consolidated net revenue of approximately EUR 5.6 billion in 2018. That same year, the logistics provider handled a total of 83.7 million shipments weighing 41.3 million metric tons. Country organizations represent Dachser in 44 countries.

For more information about Dachser, please visit www.dachser.com

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“K” Line Selected as an Index Component by Dow Jones/RobecoSAM for 9th Consecutive Year

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has been selected again as an Asia Pacific Index component of the Dow Jones Sustainability Indices (DJSI), one of the leading global indices for ESG investing (*), for the 9th consecutive year since 2011.

DJSI, jointly operated by S&P Dow Jones Indices LLC of the United States and Robeco SAM AG of Switzerland, measures the performance of companies in terms of economic, environmental and social criteria, through a corporate sustainability assessment, and only includes companies with remarkable performance. Among those indices, Asia Pacific Index selects 148 companies in the Asia-Pacific developed region (including 76 Japanese companies) as components, as a result of sustainability assessment of 600 largest companies in the region. Launched in 1999, DSJI is one of the first global sustainability benchmarks for investors which integrate sustainability consideration into their portfolios.

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.

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Delivery of Coal Carrier “CORONA CITRUS” for Electric Power Development Co., Ltd.

Coal Carrier ‘CORONA CITRUS’

Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called “K” Line) is proud to announce the delivery of “CORONA CITRUS,” an 88,000 DWT-type special coal carrier at Marugame Headquarters of Imabari Shipbuilding Co., Ltd. on 11 September 2019. 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 CITRUS is equipped with WAD (Weather Adapted Duct) in front of the propeller which promotes her propeller efficiency and Hybrid Fin behind the propeller which accelerates energy savings. She also has the latest ecological technology such as ballast water management system which protects marine ecosystems, and SOx Scrubber which eliminates sulfur oxides from exhaust gas of engine and enables her to comply with the Global regulation of SOx starting from January, 2020.

CORONA CITRUS will be principally involved in carrying thermal coal to Thermal Power Plants for Electric Power Development Co., Ltd.

Vessel’s Specifications

LOA – 229.98 M

Beam – 38.00 M

Depth – 19.90 M

Full Draft – 13.904 M

Deadweight Tons – 88,703 MT

Gross Tons – 49,888 T

Net Tons – 28,505   T

Hold / Hatch – 5/5

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“K” Line : Cooperation with “ZERO EMISSION TOKYO” ~ Donation of CO2 Reduction Credit ~

In order to cooperate with project “Zero Emission Tokyo” (note 1) which aims for not emitting CO2 that is being tackled by Tokyo Metropolitan Government (TMG), on Sept. 6, “K” Line offered 3,628 tons of CO2 reduction credit which is based on the “Tokyo Cap-and-Trade Program” (note 2) as a donation to TMG. Please see website of TMG’s Environment Bureau (note 3) for details about the project.

In our medium-term management plan, we have set ESG (Environment, Society and Government) initiatives as a key management issue. As for the field of the environment, we are advancing measures in accordance with “K” LINE Environmental Vision 2050 – Securing Blue Seas for Tomorrow- (note 4). In particular, with regard to tasks for climate change, “CO2 emission reduction of 25% by 2030” which is set in our “K” LINE Environmental Vision 2050, was approved to be scientifically consistent with the level achieving the “Paris Agreement” set binding “2℃ goal” for rise of global temperature and obtained certification (note 5).

In addition, we started activities for promoting the environmental management system “DRIVE GREEN NETWORK (DGN)” (note 6) with 14 affiliates of the “K” Line Group (Phase 1) in 2017, and we have expanded its range to cover our major overseas companies as Phase 3 during our 100th Anniversary this year.

As an environmental front runner, we will continue to work toward the goal for 2050, aiming for the realization of our marine transportation business being more environmentally low-loaded and highly efficient from which more people throughout the world can benefit.

(note 1) A vision set out by Tokyo Metropolitan Government (TMG): “Zero Emission Tokyo” which aims to make Tokyo a city that does NOT emit CO2 substantially in 2050 by following up 1.5℃ IPCC special report.

(note 2) A program that TMG imposes a duty to reduce CO2 emission below their own requirement for major-scale businesses (which usage of fuel, heat and electricity calculated as crude oil is more than 1,500 KL per year); giving them permission to make a deal with others by credits which reduce CO2 more than the amount of their duty.

(note 3) Website: Bureau of Environment Tokyo Metropolitan Government

http://www.kankyo.metro.tokyo.jp/en/climate/index.html

(note 4) ”K” LINE Environmental Vision 2050 – Securing Blue Seas for Tomorrow-:CO2 emission by 50% for 2050 as one of the goals

https://www.kline.co.jp/en/news/other/other2292932378768149328.html

(note 5) “K” Line’s CO2 Reduction Target Certified as “Science Based Target (SBT)”(News Release: Feb. 14, 2017)

https://www.kline.co.jp/en/news/other/other6417039574512811908.html

(note 6) DGN: “K” LINE REPORT 2018 P.38 (*2019 version is coming soon)

https://www.kline.co.jp/en/ir/library/report/main/01111/teaserItems1/00/file/KLINE%20REPORT2018E-S.pdf

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Glee presents the best of DIY products and DACHSER has the solution to get them to market

6th  September, 2019

Every year, the GLEE Exhibition hosted at the NEC in Birmingham is a great venue to showcase the very best of DIY products and services. This year’s show will be held between 10th  – 12th September. DACHSER, the global logistics operator, will present its tailored DIY logistics solutions and will be the perfect opportunity for businesses to learn more about getting their products to market quickly and reliably.

From stand no. 19L12, DACHSER’s team of logistics professionals will explain how their DIY logistics solution has grown and adapted with the industry, and the essential factors for successful product delivery to markets throughout the world, both today and in the future.

21 years ago DACHSER launched its logistics solution for the German DIY industry to offer flexible and integrated supply chain services for home and garden improvement equipment. This specialist service is now offered to both UK exporters and importers. 

DACHSER’s expertise throughout Europe has grown, along with the DIY and garden market. Its continuous development and steady growth has created a deep understanding of the needs of the industry, now reflected in the tailored solutions offered by DACHSER DIY logistics services.

The core services in the DIY logistics solution combine integrated IT solutions with transport, warehousing, value added services, as well as comprehensive customs experience, all benefiting from DACHSER’s extensive global network.

This expansion now includes DACHSER’s new facility in Rochdale in the North West of England, due to open in September 2019. The new 5,175 square metre logistics centre has been developed on a 3.7-hectare (9.2 acre) site and represents a GBP 14.4 million investment by the company.

It is evidence of DACHSER’s commitment to the UK market and the company’s optimistic view on the future of both import and export trade with the rest of Europe.

Such optimism extends to the UK’s DIY sector and for DACHSER DIY logistics there is every indication that the future will bring further growth, as visitors to the exhibition stand at GLEE will soon discover.

ENDS

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American Club issues Hurricane Season Safety Briefing

Potential increased physical risks outlined together with suggested preventive measures

NEW YORK, NY, SEPTEMBER 3, 2019: The American P&I Club and its Managers, Shipowners Claims Bureau, Inc. (SCB), have issued a circular on August 30 to their Members for them to consider all implications for ships in northern hemisphere areas that may be subject to hurricanes, typhoons or cyclones.

Joe Hughes, Chairman and CEO of SCB, Inc. and Eagle Ocean Agencies, Inc., managers of the American Club and EOM respectively, commented:

“In view of the subject’s somewhat grim topicality given the impending arrival of Hurricane Dorian on the southeast coast of the United States, your Managers believe there is merit in repeating the contents of that Alert in relation both to Dorian in particular and to such weather conditions in general, since the peak season for hurricanes, typhoons and cyclones in the northern hemisphere occurs between July and October.”

Members were referred to the circular originally distributed on September 14, 2018, that alerted vessels trading in regions affected by extreme weather events to the possibility of being exposed to additional physical risks, including:

  1. changes in currents and tides, particularly in rivers, occurring more rapidly and unpredictably than normal;
  2. increased loads on mooring lines;
  3. increased risk of contact with craft, debris and other objects which may have broken loose from moorings, or otherwise become present, in rivers and ports;
  4. increased risk of damage caused by storm surges; and
  5. increased silting of berths creating reduced under-keel clearance.

Given these risks, vessels’ masters have been advised to exercise elevated alertness, and be prepared to deploy preventive measures, including:

  1. increasing the number of mooring lines deployed up river. If the leads from the vessel are suitable, additional breast lines should be used to keep the vessel against the berth;
  2. ensuring brake settings are correct, and ensuring that crew members monitor ropes during ebb tides, and when other vessels pass downstream;
  3. maintaining engines in a ready state to be used immediately if required;
  4. ensuring that cargo cranes are centerlined, two blocked and secured;
  5. ensuring that cargo ramps are stowed away from potential storm surges, and closely monitored;
  6. monitoring by vessel personnel of pier sides to obviate the possibility of the vessel causing damage to piers, and to check whether pier bollards are capable of handling the higher stresses on mooring lines;
  7. where possible, the taking of photographic evidence of the condition of a berth before and after storm periods;
  8. seeking advice from river and mooring pilots about any particular risk factors relevant to the characteristics of the berth to be used by the vessel, and the characteristics of local river transit;
  9. corresponding with local agents to provide details of last soundings at berths to give owners/managers/masters advance information on local conditions.

Notes to Editors

The American Club

American Steamship Owners Mutual Protection and Indemnity Association, Inc. (the American Club) was established in New York in 1917. It is the only mutual Protection and Indemnity Club domiciled in the entire Americas and its headquarters are in New York, USA.

The American Club has been successful in recent years in building on its US heritage to create a truly international insurer with a global reach second-to-none in the industry. Day to day management of the American Club is provided by Shipowners Claims Bureau, Inc. also headquartered in New York.

The Club is able to provide local service for its members across all time zones, communicating in eleven languages, and has subsidiary offices located in London, Piraeus, Hong Kong, Shanghai and Houston, plus a worldwide network of correspondents.

The Club is a member of the International Group of P&I Clubs, a collective of thirteen mutuals which together provide Protection and Indemnity insurance for some 90% of all world shipping.

For more information, please visit the Club’s website http://www.american-club.com/

P&I Insurance

Protection and Indemnity insurance (commonly referred to as “P&I”) provides cover to shipowners and charterers against third-party liabilities encountered in their commercial operations; typical exposures include damage to cargo, pollution, death/injury or illness of passengers or crew or damage to docks and other installations.

Running in parallel with a ship’s hull and machinery cover, traditional P&I cover distinguishes itself from usual forms of marine insurance by being based on the not-for-profit principle of mutuality where Members of the Club are both the insurers and the assureds.


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