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Archives for June 2024

TT Club announces incoming non-executive Board Member appointments

TT Club, the specialist liability insurance provider to the international freight and logistics industry, announces three new Members drawn from its membership of insured organisations to its controlling Board.

Rome & London, 27th June 2024

As a mutual organisation TT Club’s Board, Through Transport Mutual Insurance Association Limited (Bermuda), abbreviated to TTB is made up of representatives of those it insures. The three new non-executive Board Members announced at the TTB’s meeting in Rome this week represent the broad spectrum from freight, logistics, cargo handling and intermodal container operators from around the world.

Nosiphesihle Mbongwa is based in Durban, South Africa and has been CFO of Bidvest Freight for the last six years having previously served the freight management and logistics group for 10 years as its Commercial Director and prior to that a financial director role at one of its subsidiary companies. Her career in the freight industry spans over 20 years with both distribution operations and a container terminal operator. She joins the TTB Board as of 20 June.

Nosiphesihle Mbongwa is based in Durban, South Africa and is CFO of Bidvest Freight

Wendy Chien’s appointment dates from March of this year. As Managing Director of Contract Logistics at the Dimerco Express Group in Taipei, Taiwan. She brings experience of a pan Asia-Pacific complete logistics, warehousing and distribution operation which employs multi-modal transport options.

Wendy Chien’s is Managing Director of Contract Logistics at the Dimerco Express Group in Taipei, Taiwan

Frans Caljé is CEO of PD Ports centred in Teesside in the Northeast of England. He manages one of the largest ports in the United Kingdom, which is well known for its expertise in port centric logistics, linking berth side handling of all types of cargo with ongoing delivery via the storage and distribution processes involving the use of all modes of transportation. Prior to his appointment as CEO seven years ago, he was MD of Unitised & Port Centric Logistics at the same organisation. He also has experience at container terminal operator APM. His appointment to the Board is effective 20 June.

Frans Caljé is CEO of PD Ports centred in Teesside in the Northeast of England

TT’s CEO Charles Fenton commented on the new appointments to the TTB Board, “Our Board of Directors represents those organisations that we insure. They characterise every type of operator among our membership and come from every region of the world. Indeed, our structure means that every Member can input into the key decisions we make about the types of risk we underwrite and our strategic direction,” he said. “Appointments to the Board are recommended to the membership, who have voting rights, by the Nominations Committee, which seeks to increase gender and ethnic diversity in the Board, mirroring as closely as possible the underlying membership of TT Club. I’m pleased that our commitment to this diversity continues to be represented in TT’s governance.”

As a mutual TT does not have to concentrate on returning a profit for shareholders. Surplus funds fuel reserves that secure support for TT’s insured year after year. In particular, that support comes from TT’s loss prevention and risk management efforts, through investment in research to shine a light on the future of the logistics industry in order to respond to its Members’ needs and challenges. The elected Board of Member Directors plays a crucial role in guiding and overseeing this investment.

About TT Club

TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry. TT Club’s primary objective is to help make the industry safer and more secure. Founded in 1968, the Club has more than 1200 Members, spanning container owners and operators, ports and terminals, and logistics companies, working across maritime, road, rail, and air. TT Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. It retains more than 97% of its Members, with a third of its entire membership having chosen to insure with the Club for 20 years or more.

“K” LINE Group-Managed Vessels Received the 2023 Best Quality Ship Award

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that HAMBURG HIGHWAY and CAPE GARNET, two vessels managed by “K” Line RoRo Bulk Ship Management Co., Ltd., “K” LINE’s in-house ship management company, received the 2023 Best Quality Ship Awards from the Japan Federation of Pilots’ Associations (JFPA). *1

The Best Quality Ship Awards were founded in 2003 with the aim of enhancing awareness of not only safe navigation but also the protection of ports and the marine environment. The vessels were evaluated in several aspects, such as the condition of vessels’ boarding arrangements, navigation equipment, and discipline on board, the high-level safety awareness of crew members, and etc.

The JFPA comprehensively evaluated vessels that had requested pilot services in pilotage districts in Japan during the months of September and October 2023, and then presented awards to eight vessels, including two “K” LINE Group managed vessels that they recognized as excellent. Certificates and plaques were presented by the JFPA in the award ceremony held on June 26.

The “K” LINE Group includes “providing safe and optimized services” in its corporate principle and vision. To fulfill its social responsibilities through safety in navigation, “K” LINE Group has established the following three policy pillars. *²

(1) Enhancing management structure for ensuring safety in navigation
(2) Strengthening the ship management structure
(3) Reinforcing the securing and training of maritime technical personnel

The “K” LINE Group will continue to work toward the realization of both social and economic value through excellence in safe navigation and transportation quality management, sustainable growth and the increase of corporate value by supporting the infrastructure of the global  community as a partner trusted by all of its stakeholders.

*¹  Japan Federation of Pilots’ Associations:

Under the revised Pilotage Law, the JFPA was founded by a number of Pilots’ Associations in Japan in 2007.

*²  “K” LINE’s policy on promoting safe navigation:

Certificates and plaques were presented by the JFPA in the award ceremony held on June 26.
Pure Car Carrier ‘Hamburg Highway’
Bulk Carrier ‘Cape Garnet’

New Direct Daily Service to Italy from DACHSER UK

Foremost European groupage network operator introduces a direct daily service from the UK to Italy. Customers benefit from its long-term Italian partner becoming part of the DACHSER network following the recent acquisition of a controlling share of FERCAM’s groupage and contract logistics divisions.

Northampton, Wednesday, 26 June 2024: DACHSER UK is pleased to announce the launch of its new enhanced direct daily service from the UK to Italy. This development further strengthens its position as a quality market-leading groupage network across Europe.

Having started on Monday, 3rd June, this direct line between the UK and Milan in Northern Italy follows the successful implementation of the new Smart Border Connect solution by DACHSER UK last month. This innovation has created significant market demand for even more additional direct European export connections.

The new direct daily service comes a few months after the creation of the new company DACHSER & FERCAM Italia following the 80% acquisition of FERCAM’s shares in their groupage and contract logistics divisions by DACHSER. By enhancing the in-house network, UK exporters can be assured of the continuation of a quality, coordinated service at both origin and destination.

FERCAM has been a proud partner of DACHSER for over twenty years. Already the market leader in Italian export groupage offering customers 40 daily departures to all EU countries, this rich history of collaboration has allowed DACHSER UK to further enhance their service offering to Italy.

“DACHSER has always had daily services to all European markets from the UK via our three Eurohubs and we are now excited to introduce this additional daily direct service to Italy which will service both British and Irish exporters,” said Mark Cosgrove, Regional Sales & Commercial Manager UK & Ireland.

“Our recently launched Smart Border Connect solution has proven to be very successful in delivering pre-Brexit transit times through our quality market leading European groupage network. This new daily direct service to Milan will reduce terminal handling and also improve our transit times, benefiting our valued customers.”

The service will provide immediate connectivity to DACHSER & FERCAM Italia’s extensive Italian network, ensuring seamless and efficient logistics operations across the region. By working closely with our Italian colleagues, DACHSER UK is not only solidifying the partnership but also enhancing its capacity to meet the growing needs of customers.

Andy Wolstenholme, Operations Manager at DACHSER Rochdale, added, “The launch of this direct daily service to Milan is a testament to the strong partnership and rich heritage between ourselves and DACHSER & FERCAM Italia, now a confirmed member of the DACHSER family. Our combined expertise and commitment to innovation enable us to offer ever-evolving solutions, further improving our service offerings and transit times.”


Dachser, a family-owned company headquartered in Kempten, Germany, provides transport logistics, warehousing, and customized 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 34,000 employees at 382 locations all over the globe, Dachser generated consolidated net revenue of approximately EUR 7.1 billion in 2023. The same year, the logistics provider handled a total of 77.4 million shipments weighing 40.0 million metric tons. Country organizations represent Dachser in 43 countries. For more information about Dachser, please visit

GEODIS launches new rail connection between Poland and Spain

GEODIS, a leading intermodal operator, has expanded its rail freight services with another fixed schedule connection. As of June 11th, the freight train between Łódź and Barcelona was operable, representing the first direct rail connection between the two countries.

Photo Credit : Franck Vogel

On the inaugural trip customers’ goods in 44 containers and/or swap bodies, each capable of carrying a payload of 26 tons set off from the freight terminal in Łódź, reaching Barcelona after just three days, from where ‘last mile’ distribution will take place by road. Later on that day of arrival, the train returns to Poland with imported goods from Spain. Successive trains have also a capacity of 44 units, replacing the same amount of trucks that might otherwise be used.

The service is another example of GEODIS’ ability to go beyond a pure intermodal offering and provide a truly multimodal option, which combines road transport with rail seamlessly, enabling a secure flow of goods and more flexibility in managing peaks in demand.

Moving more goods safely with less energy consumed.

Delivering goods on rail emits five times less CO2e than covering the same distance by road and is 12 times lower than the equivalent air transport. The rail link allows the delivery of as much as 1,000 tons of goods from various industries.  

The rail route between Łódź and Barcelona, although longer than the road journey by almost 160 km, reduces CO2e emissions by up to -79%. Moreover, energy consumption is around 57% lower.

Dynamic development of rail transport services

In the first stage of the development of this project, the schedule provides for one train per week, leaving Łódź every Tuesday. In the other direction, the train will depart from Barcelona on Fridays.  

“The launch of the new Łódź – Barcelona rail connection provides customers a large number of benefits, as it will enable punctual transportation of shipments, while considerably limiting CO2 emissions,” said Marc Vollet, Chief Operations Officer at GEODIS European Road Network.  “GEODIS is one of the leading intermodal operators, and we are proud to continue in this vein by developing this road-rail solution in Europe, enabling our customers to benefit from even more solutions and optional routings.  We have great ambitions for this new line, as we plan to increase the frequency to two trains per week in the near future.”

This new multimodal block-train is an addition to the existing GEODIS multimodal route network which operates nearly 120 trains a week throughout Europe.

GEODIS –    

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in four lines of business: Global Freight Forwarding, Global Contract Logistics, Distribution & Express Transport, and European Road Network. With a global network spanning nearly 170 countries and 53 000 employees, GEODIS is ranked no. 5 in its sector across the world. In 2023, GEODIS generated €11.6 billion in revenue. GEODIS is a company owned by SNCF group. 

Dachser puts 15 electric trucks from Renault Trucks into operation

Renault Trucks and Dachser are cooperating on the gradual decarbonization of road freight transport. In total, the logistics service provider is expanding its fleet by fifteen Renault Trucks vehicles. The all-electric trucks complete local and long-distance transport tours at seven Dachser locations in Germany every weekday.

Five Renault Trucks E-Tech D are already in use for Dachser. Seven more vehicles of this type and three Renault Trucks E-Tech T tractors are now being delivered. The latter are used at Dachser in Öhringen, Neuss and Langenhagen.

“We are convinced that in the long term, only those companies that position themselves sustainably will have a future,” says Alexander Tonn, COO Road Logistics at Dachser. “We therefore want to make a valuable contribution to environmental and climate protection and be a driving force for the logistics industry with measures on many levels. Bringing emission-free vehicles into practical use plays an important role in this. With Renault Trucks, we have a reliable partner with whom we can embark on what is still a long journey to decarbonise our road transports.”

As part of its sustainability and climate protection strategy, the logistics service provider Dachser is preparing for the gradual transformation towards zero-emission vehicles and the corresponding charging infrastructure. Since January 1, 2022, the company has been sourcing its electricity entirely from renewable energies worldwide. Dachser wants to steadily increase the number of BEVs (battery electric vehicles) and FCEVs (hydrogen-powered) trucks in both the local and long-distance transport networks, depending on performance, charging infrastructure and cost-effectiveness.

“At Renault Trucks, we are aware that we can only implement a long-term climate protection strategy together,” says Frederic Ruesche. “I am all the more pleased that we are working with Dachser to drive forward the reduction of CO2 emissions in the short- and long-haul segments.”

Renault Trucks is the first and only manufacturer to offer the entire range as all-electric trucks. From the 2.8-tonne light commercial vehicle (LCV) to the 44-tonne truck for long-haul transport, every segment can be operated electrically. In addition, Renault Trucks is the first manufacturer to convert diesel vehicles into electric trucks in the spirit of the circular economy.

About Dachser

With around 34,000 employees at 382 locations worldwide, the family-owned company Dachser generated consolidated sales of around 7.1 billion euros in 2023. The logistics service provider moved a total of 77.4 million shipments weighing 40.0 million tons. Dachser is represented by its own national companies in 43 countries. You can find more information about Dachser at

About Renault Trucks Germany The German market company of the French truck manufacturer Renault Trucks is based in Ismaning near Munich and, as part of Volvo Group Trucks, has a sales and service network of 20 owned and more than 130 partner companies throughout Germany. Renault Trucks has been active in Germany for over 45 years. In France, the commercial vehicle manufacturer has been offering professional transport solutions since 1894: from electric cargo bikes and light commercial vehicles to heavy tractors. Renault Trucks is committed to the energy transition, offering fuel-efficient vehicles and a complete range of 100% electric trucks, whose lifespan is extended through a circular economy concept. Renault Trucks is part of the Volvo Group, one of the world’s leading manufacturers of trucks, buses, construction equipment, industrial and marine engines. The group also offers comprehensive financing and service solutions.

GEODIS Denmark is migrating to 100% renewable energy on the electricity consumption

In January of this year GEODIS committed to the Science Based Targets Initiative. GEODIS´ global targets are to reduce our scope 1 & 2 CO2 emissions by 42% and to decreasing the carbon intensity of subcontracted transport (scope 3) by 2030 compared to 2022. GEODIS Denmark has just taken the first big step on this reduction journey and switched to 100% renewable energy already from January 2024.

“When we started the process, we were looking for a more low-carbon alternative to what we had before. We chose EWII* and now our electricity is 100% renewable. This means we have reduced our CO2 footprint by almost 40 tons per year. We are very proud to support this very necessary and important initiative and to have taken a significant leap towards reaching our target,” says Kent Husted, Managing Director, GEODIS Denmark.

Under the terms of the EWII certificate, which is valid from 01.01.2024 to 31.12.2025, the energy supplier certifies that GEODIS Denmark purchases its entire electricity consumption as renewable electricity. EWII ensures that 100% of the electricity consumption comes from sources such as wind turbines, solar panels, hydroelectric power, and biomass.

In line with its efforts to reduce its carbon footprint, GEODIS Denmark has also changed all lighting to LED and bought new computer screens, that use a third less electricity than previous screens. In addition, the company offers four charging points for electric vehicles at each of its branches in Kastrup and Vejle, and is planning to expand this later this year.

“As a company and as an employer, GEODIS places social issues at the heart of its concerns. One of our seven Golden Rules that form the basis of our operations, is “Be a good citizen”. This underlines our efforts to focus on developing low-carbon solutions, reducing the impact of our activities on the environment, and continuously improving the health, safety and well-being of our employees. The EWII certificate is an important step on our journey towards developing environmentally friendly solutions for all our stakeholders,” says Thomas Kraus, Regional President & CEO of GEODIS EUROPE

*The EWII Group is located in Denmark and is the Triangle region’s local energy company, comprising commercial companies under the name of EWII. The object of EWII is to engage in activities relating to infrastructure, such as electricity, water, heating, energy and communication, and related commercial services to create value in the Triangle region, which includes the municipalities of Kolding, Vejen, Middelfart, Fredericia and Vejle. More information on EWII here →

GEODIS –    

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in four lines of business: Global Freight Forwarding, Global Contract Logistics, Distribution & Express Transport, and European Road Network. With a global network spanning nearly 170 countries and 53,000 employees, GEODIS is ranked no. 5 in its sector across the world. In 2023, GEODIS generated €11.6 billion in revenue. GEODIS is a company owned by SNCF group.


I januar 2024 forpligtede GEODIS sig til Science Based Targets-initiative. GEODIS’ globale mål, er at reducere scope 1 og 2 CO2-emissioner med 42% samt at mindske kulstofudledning i vores underleverandørtransport (scope 3) med 30% inden 2030 sammenlignet med 2022. GEODIS Danmark, har netop taget det første store skridt på denne reduktionsrejse, hvilket har betydet et vigtigt skifte til 100 % vedvarende energi allerede fra januar i år.

“Da vi startede processen, søgte vi et alternativ, der var mere CO2-neutralt end vores tidligere løsning. Vi valgte EWII* og nu er vores elektricitet 100 % vedvarende. Det betyder, at vi har reduceret vores CO2-fodaftryk med næsten 40 tons om året. Vi er utroligt stolte af at bakke op om dette nødvendige og vigtige tiltag og at tage et betydeligt skridt mod at opnå vores mål.” udtaler Kent Husted, Managing Director hos GEODIS Danmark.

I henhold til EWII-certifikatet, som er gældende fra 01.01.2024 til 31.12.2025, bekræfter energileverandøren, at GEODIS Danmark dækker hele sit elforbrug med vedvarende energi. EWII garanterer, at 100 % af elektriciteten leveres fra vedvarende kilder, så som vindmøller, solpaneler, vandkraft og biomasse.

I tråd med indsatsen for at reducere sit CO2-aftryk, har GEODIS Danmark også ændret al belysning til LED og købt nye computerskærme, der bruger en tredjedel mindre strøm end tidligere skærme. Derudover tilbyder virksomheden fire ladepunkter til elbiler i hver af sine afdelinger i Kastrup og Vejle, og planlægger at udvide dette senere i år.

“Som virksomhed og arbejdsgiver prioriterer GEODIS sociale spørgsmål højt. En af vores syv ‘Golden Rules’, som er fundamentet for vores virksomhed, er: ‘Vær en god medborger’. Dette understreger vores engagement i at udvikle CO2-neutrale løsninger, mindske vores aktiviteters miljøpåvirkning og kontinuerligt forbedre vores medarbejderes sundhed, sikkerhed og trivsel. EWII-certifikatet markerer et vigtigt skridt på vores vej mod at udvikle mere bæredygtige løsninger for vores interessenter,” Udtaler Thomas Kraus, Regional Præsident og CEO for GEODIS EUROPE.

*EWII Group er beliggende i Danmark og er Trekantområdets lokale energiselskab, som omfatter kommercielle organisationer under navnet EWII. Formålet med EWII er at engagere sig i aktiviteter relateret til infrastruktur, såsom el, vand, varme, energi og kommunikation – og andre kommercielle ydelser som er med til at skabe at skabe værdi i Trekantområdet, hvilket f.eks. omfatter kommunerne; Kolding, Vejen, Middelfart, Fredericia og Vejle.

Læs mere om EWII her →

GEODIS –    

GEODIS er en førende global logistikleverandør, der er anerkendt for sin ekspertise på tværs af alle aspekter af forsyningskæden. Som vækstpartner for sine kunder er GEODIS specialiseret i fire forretningsområder: Global Freight Forwarding, Global Contract Logistics, Distribution & Express Transport og European Road Network. Med et globalt netværk, der spænder over næsten 170 lande og 53.000 ansatte, er GEODIS rangeret som nr. 5 i verdenen. I 2023 genererede GEODIS €11,6 milliarder i omsætning. GEODIS er et selskab ejet af SNCF-gruppen.

“K” LINE Group Provided Free Ocean Transportation of Desks and Chairs for Students of Santiago Japanese School

Kawasaki Kisen Kaisha, Ltd. and its group companies (“K” LINE Group), are pleased to announce that they have provided free ocean transportation of new desks and chairs for students of Santiago Japanese School*1 (the School) in Santiago, the capital city of Chile. The free transportation was carried out through collaboration among several “K” LINE group companies, including “K” LINE CHILE LIMITADA. (KCL) in Chile which lead the project.

KCL, responded to the request from the School, applying its expertise as a freight forwarder*2 and comprehensive logistics service provider in Chile. It made a series of arrangements, including ocean transport from Yokohama to San Antonio in Chile where they were unloaded, customs clearance and delivery to the School, so as to ensure the seamless transportation of the desks and chairs.

(From left to right)
Mr. Hiromichi Ishikawa, President, “K” LINE CHILE LIMITADA.
Ms. Mariko Matsumoto, Secretary General, Santiago Japanese School
Mr. Shuichi Hayakawa, Principal, Santiago Japanese School
Mr. Yuta Hashizume, Manager, “K” LINE CHILE LIMITADA.

Within Japan, upon receiving the desks and chairs at the Port of Yokohama, Daito Corporation, another “K” LINE group company, did the customs clearance process and the loading of the desks and chairs onto the vessel. “K” LINE took charge of ocean transport with its car carrier, which regularly calls San Antonio. KCL was responsible for delivering the desks and chairs from the port to the School. The cross-functional teamwork of the “K” LINE Group, specifically Daito Corporation, the “K” LINE car carrier division and KCL, made the seamless transportation of the desks and chairs possible.

The “K” LINE Group hopes its effort will enable Japanese children in Chile who are living away from home to study successfully in a well-equipped environment. The “K” LINE Group, including KCL, will continue to undertake similar initiatives to help raise the next generation of children.

*1             Formerly known as Santiago Japanese Supplementary School, the school opened in 1972 to educate Japanese children. Santiago Japanese School was established in 1982 in the same building. The School relocated to the Vitacura area in 1984. It relocated again to its current location (in the Lo Barnechea area of northeastern Santiago) in 1992, and celebrated its 40th anniversary in 2022. The School is managed by the Fundacion Cultural y Educacional Japonesa established by Camara Chileno Japonesa de Comercio e Industria A.G. It provides a curriculum that is in line with the compulsory education system in Japan.

*2             A company that provides fully integrated comprehensive logistics services, including freight transportation arrangements, customs clearance and insurance arrangements using different modes of transport, such as maritime shipping, air freight and land transportation.

GEODIS makes a commitment to inclusivity by signing a Diversity Policy

On May 30th 2024, Marie-Christine Lombard, CEO of GEODIS, signed a GEODIS Diversity Policy.

This signature marks GEODIS’ commitment to its employees to foster a work environment that values ​​and respects all. This is to ensure that everyone receives fair treatment and participates in GEODIS’ success, thanks to their individual talent.

This Diversity Policy defines GEODIS’ ambitions and priorities in terms of equal opportunities, regardless of age, gender, culture, or disability.

The policy enshrines a number of commitments:  

  • Implementation of fair and inclusive recruitment and hiring practices to attract a diverse pool of candidates,
  • Provision of ongoing training and development opportunities for all employees to foster a culture of diversity and inclusion,
  • maintenance of a safe, respectful, and inclusive workplace environment for all employees,
  • monitoring and evaluating the effectiveness of our diversity and inclusion efforts to ensure accountability, transparency, and continuous improvement.
Photo credit : Patrick Schneider 

This policy is forms the basis of the direction that the Group wishes to take on behalf of its employees and will be adapted to the specificities of the local cultures of each country in which GEODIS is present.

You can discover all these commitments in our policy.

About GEODIS –    

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in four lines of business: Global Freight Forwarding, Global Contract Logistics, Distribution & Express Transport, and European Road Network. With a global network spanning nearly 170 countries and 53 000 employees, GEODIS is ranked no. 5 in its sector across the world. In 2023, GEODIS generated €11.6 billion in revenue. GEODIS is a company owned by SNCF group.

TES and “K” LINE Partner for Sustainable Maritime Shipping Solutions

Brussels and Tokyo, 12 June 2024 –Tree Energy Solutions (TES), a global green energy company leading the way in the production of e-NG (electric natural gas derived from green hydrogen), and Kawasaki Kisen Kaisha, Ltd. (“K” LINE), a prominent Japanese logistics company renowned for its diverse fleet, are teaming up with each other to lead the transition towards net-zero greenhouse gas emissions in the maritime sector by 2050.

With a mission to deliver reliable and affordable green energy through giga-scale projects, TES is developing a global portfolio of e-NG production and import projects. e-NG, a green molecule obtained by combining green hydrogen with biogenic or recycled CO2, is poised to revolutionise the decarbonisation of the maritime transport sector. In parallel, “K” LINE is strategically advancing towards 2030 interim milestones, which include transitioning its vessel to cleaner fuels such as hydrogen and e-NG.

“K” LINE and TES are exploring potential collaboration opportunities, including broadening the scope of e-NG partnerships and the various facets of the value chain to accelerate the adoption of cleaner fuels in maritime transport. This collaboration entails blending captured CO2 emissions with green hydrogen to produce e-NG, thereby facilitating the transition to cleaner bunker fuels for “K” LINE’s vessels. Such discussions aim to secure and procure e-NG, a sustainable fuel to meet the “K” LINE’s or its subsidiaries’ bunkering needs in Europe, originating from the TES green energy hub in Wilhelmshaven, Germany.

Moreover, both parties will consider the regulatory landscape surrounding low/non-carbon fuels, carbon intensity, CO2 accounting, certification, and incentive schemes. By such a consideration of supportive regulatory frameworks, “K” LINE and TES aim to bolster the development of e-NG projects, driving forward transition to a more sustainable energy future.

In addition to commercial endeavours, technical collaboration is also on the agenda, encompassing the operation and management of e-NG carriers and Liquified CO2 carriers and the exchange of information relating to CO2 capture and utilisation onboard vessels.

Marco Alverá, CEO and Co-Founder of TES, commented: “The partnership between “K” LINE and TES marks a significant milestone in our collective efforts to drive decarbonisation within the maritime transport sector. By leveraging TES’ expertise in green fuels and “K” LINE’s commitment to decarbonise long-haul shipping, we aim to pioneer cleaner and more efficient maritime operations, setting a precedent for the industry worldwide.”

Satoshi Kanamori, Managing Executive Officer of “K” LINE, commented: “At “K” LINE, we are deeply committed to realizing our vision of a carbon-neutral future for maritime transport. Partnering with TES allows us to combine our strengths and resources to accelerate the adoption of e-NG, laying the groundwork for a more sustainable shipping and logistics industry.”

About TES

TES is a global green energy company leading the way in the production of e-NG (electric natural gas derived from green hydrogen). Headquartered in Europe, TES is committed to making reliable and affordable green energy accessible to all by implementing giga-scale projects using a proven, scalable and cost-effective method. With a presence in North America, Middle East, Asia and Australia, the company’s green hydrogen model uses solar and wind energy in low-cost areas with abundant sunlight or wind. The green hydrogen is then combined with climate-neutral CO2 and transformed into e-NG, a renewable molecule, easy to transport and store using existing infrastructure. Through the supply of e-NG to various industries, TES aims to win the climate race ensuring the mass adoption of green molecules across the globe.

About “K” LINE

“K” LINE, which was established in 1919, is a logistics company with rooted in the shipping industry. It operates a diverse fleet of more than 400 vessels worldwide. “K” LINE has a long history and diversified track record in the ownership and technical management of liquefied gas carriers, having delivered its first LPG carrier in 1974 and its first LNG carrier in 1983. In addition, “K” LINE is engaged in a number of peripheral businesses, including LNG bunkering in Japan and Singapore, and is also actively involved in expanding its LCO2 transport business. “K” LINE will continue to work towards the realization of low-carbon and carbon-free business operations and society as a whole, with the aim of contributing to the creation of a sustainable society and the enhancement of its corporate value, in accordance with its corporate philosophy of “helping make the lives of people more affluent”.

American P&I Club and Winston & Strawn host US, UK and EU regulatory representatives in first ever joint Economic Sanctions Seminar

NEW YORK, JUNE 12, 2024  :  On Wednesday, May 29, 2024, the American P&I Club and the law firm of Winston & Strawn, LLP hosted an Economic Sanctions Compliance and Enforcement Seminar at the Athens Marriott in association with the International Propeller Club Port of Piraeus, featuring regulatory representatives from the United States, United Kingdom and the European Union, to provide industry professionals with an overview of the current sanctions landscape and implications of US, UK, and EU regulations, as well as an opportunity to engage in discussion and collaboration between public and private interests in the Greek shipping industry with a goal to enable effective compliance within the regulatory frameworks.

Daniel Tadros, Chief Operations Officer for Shipowners Claims Bureau, Inc., Managers of the American Club, moderated the discussion among an exceptional lineup of sanctions authorities including Olga Dimitrescu, Head of Industry Engagement for the Oil Price Cap – Office of Financial Sanctions Implementation, HM Treasury, Erik Grossman, Senior Advisor to the Associate Director for Enforcement, Compliance, and Analysis – US Department of the Treasury’s Office of Foreign Assets Control (OFAC), James McLennan, International Engagement and Monitoring issues for the Oil Price Cap, HM Treasury, Isabelle Monfort, Policy Officer – European Commission, Blake Pritchett, Senior Advisor in the Threat Finance and Sanctions Division, US Department of State, Karen P. Seifert, Special Counsel for National Security, US Department of Justice, United States Attorneys’ Office, Office for the District of Columbia (DC USAO), and Cari Stinebower, Partner and Chair of the International Trade Practice, Winston & Strawn, LLP.

The Club’s COO, Daniel Tadros commented, “Maintaining up-to-date awareness of global economic sanctions is important for all stakeholders in the maritime industry. Collaboration, education and interactive dialogue through platforms like this are gateways to maximizing understanding of the sanctions regime and reinforcing collaborative compliance.”

The seminar kicked off with a brief welcome from Kathryn Insley, Deputy Assistant Secretary for International Security and Nonproliferation Programs, US Department of State, who confirmed the State Department’s commitment to partnering with the private sector to prevent sanctions evasion, especially as it pertains to reducing the Russian Federation’s revenue to fund the war in Ukraine. The event included time for the stakeholder audience to directly engage with the experts and sparked productive, frank and transparent dialogue. The seminar concluded with closing remarks by the American P&I Club’s CEO, Dorothea Ioannou. Many of the well over 200 individuals attending the seminar commented on the value of the frankness of the presentations and discussions as well as the practicalities in guidance offered by the speakers. 

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.

The American Club also operates a fixed premium facility, Eagle Ocean Marine (EOM), aimed at the operators of smaller vessels in local and regional trades. Since it commenced underwriting in 2011, EOM has enjoyed considerable success in building a growing footprint in this specialist market and generating strong profitability for the Club.

For more information, please visit the Club’s website

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.