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"K" Line

“K” Line takes delivery of Coal Carrier “SHONAI MARU” for JERA Trading Pte. Ltd.

Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called “K” Line) is proud to announce the delivery of “SHONAI MARU,” a 100,000 DWT-type special coal carrier at MarugaCoal Carrier “SHONAI MARU” Nov18me Shipyard of Imabari Shipbuilding Co., Ltd., Japan on November 15, 2018.

SHONAI MARU was jointly developed by Imabari Shipbuilding and “K” Line to maximize transport volume to the discharging port, Chubu Electric Power’s Hekinan Thermal Power Plant, Aichi prefecture in Japan. SHONAI MARU is so-called “Hekinan MAX.”

SHONAI MARU is equipped with latest energy-saving and ecological technology such as WAD (Weather Adapted Duct) which promotes her propeller efficiency plus a ballast water management system that prevents damage to marine ecosystems.

SHONAI MARU will be principally involved in long-term service carrying thermal coal to Chubu Electric Power’s Hekinan Thermal Power Plant for JERA Trading Pte. Ltd.

Vessel’s Specifications
LOA 249.99 M Deadweight Tons 101,847 MT
Beam 43.00 M Gross Tons 57,842 T
Depth 18.70 M Net Tons 31,523 T
Full Draft 12.994 M Hold/Hatch 6/6
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“K” Line changes the responsibilities of Executive Officers

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has decided in a board meeting held today on changes of the responsibilities of Executive Officers.

To read the full press release please see the attached PDF document or visit their website: https://www.kline.co.jp/en/

 

 

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“K” Line announcement of Financial Highlights for 2nd Quarter FY2018

Please be advised that “K” Line Tokyo Head Office published the following press release today.

Please click the following addresses to read our reports.

・Financial Highlights for 2nd quarter FY2018

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

・Notice of Forecast for Year-end Dividend for fiscal year ending March 2019

https://www.kline.co.jp/en/news/ir/auto_20181030425857/pdfFile.pdf

 

http://www.kline.co.jp/en/

 

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“K” LINE Supports TCFD (Task Force on Climate-related Financial Disclosures)

“K” LINE expresses its full concurrence with the recommedations of the Task Force on Climate-related Financial Disclosures (TCFD) established by the Financial Stability Board (FSB) .

The FSB is an international organization with participating members including finance ministries, financial regulatory authorities and central bank governors of the world’s 25 major countries. The TCFD is a task force set up by the FSB, whose recommendations are aimed at encouraging companies to disclose information about the impact or risks of climate change on their businesses in order that such information may be shared with institutional investors and banking organizations. The companies that have announced participation number 527 worldwide (as of October 24, 2018).

As an action of our own, “K” LINE developmed a long-term environmental namagement vision, “K” LINE Environmental Vision 2050Securing Blue Seas for Tomorrow ―(*)and has positioned the minimization of the impact of our business activities on the global environment as a priority task. Under this policy, we are advancing approaches such as reducing fuel consumption of ships under operation, constructing ships with the latest energy-saving equipment, expanding the scope of data aggregation using a data collection system, “Eco Track”, and obtaining third-party certification for the improvement of credibility and transparency of the collected data.

We, “K” LINE, take the recommendations of the TCFD as contributive to the development of sustainable society, and as an environmental front-runner, we will continue to aim for the realization of being a business that enables a greater number of people around the world to enjoy the advantage of marine transportation characterized by a lower environmental load and higher efficiency.

 TCFD Task For on Climate-Related Financial Disclosures

 *: “K” LINE Environmental Vision 2050 – Securing Blue Seas for Tomorrow –: For more details, please see:

 https://www.kline.co.jp/en/csr/environment/management.html#002

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“K” Line Celebrate 25th Anniversary of Maritime Training in the Philippines

- Ready to Accept 10,000 Students and Good Visibility for the Next 100 Years -

On October 18, at the company’s training center “K” Line Maritime Academy Philippines (KLMA(Phil)) in Pasay City, Philippines, the 25th Anniversary of the training facility as well as the completion of the renovation work of the training center were celebrated with a ceremony that welcomed the attendance of many successive local staff, including guests from affiliated companies who have been supporting our seafarers’ development activities for many years.         

Our efforts to nurture seafarers in the Philippines began with the establishment of “K” Line Maritime Training Corporation (KMTC) in 1993. In February 2008, KMTC subsequently transferred its maritime training facility in Manila to a new location of “K” Line Maritime Academy Philippines (KLMA(Phil)) in the city of Pasay.  As one of the major pillars to support our company’s business foundation, “safe ship operation and environmental conservation,” we have been and will continue striving to secure and nurture excellent seafarers.

On March 2 this year, a new building “OCEAN BREEZE,” with a seafarers’ clinic that has the latest medical equipment and lodging facilities that can accommodate 225 people, opened adjacent to the training center. Also, on July 31, the renovation work of the training center itself with the most advanced training equipment was completed and we have achieved the capability to now accept a total of 10,000 students per year.

“K” Line will celebrate its 100th Anniversary next year.  In the future, we will continue to develop and train stable and well-qualified seafarers for the next 100 years by constantly developing an even higher level of quality trainings in line with the times, always aiming to further strengthen our company’s safe operations.

 

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“K” Line Financial Press Release

Please be advised that “K” Line Tokyo Head Office published the following press releases today.

 

Notice of Revisions in First Half and Full Year Consolidated Business Forecasts of
Integrated Container Shipping Operating Company Ocean Network Express Pte. Ltd.

https://www.kline.co.jp/en/news/ir/auto_20181015418026/pdfFile.pdf

Revised Forecast of Consolidated Financial Results for the 1st Half and Full Fiscal Year 2018.

https://www.kline.co.jp/en/news/ir/auto_20181015418027/pdfFile.pdf

If you cannot open the URL please try to access via Website:  https://www.kline.co.jp/en/

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“K” Line Continues to be Selected as an Index Component of the Dow Jones Sustainability Asia Pacific Index

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 on Socially Responsible Investment (SRI) (*). It has been “K” Line’s good fortune to have been selected for 8 consecutive years since 2011.

DJSI is the world’s leading SRI Index jointly operated by S&P Dow Jones Indices LLC of the United States and Robeco SAM AG of Switzerland, which only includes the top-ranked companies among all large worldwide companies as a result of its evaluation of their sustainability performance in terms of social, environmental and economic criteria. 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 ESG initiatives and contribute to sustainable progress of the society.

* SRI (Socially Responsible Investment) describes an investment strategy which takes account of enterprises’ social, ethical and environmental aspects as well as financial performance.

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“K” Line to Provide Relief for Victims of the 2018 Hokkaido Eastern Iburi Earthquake

September 10, 2018

Kawasaki Kisen Kaisha, Ltd.

  

Kawasaki Kisen Kaisha, Ltd. announced that it will provide a monetary donation in the amount of 5 million yen toward relief efforts from the earthquake damage in Hokkaido Eastern Iburi.

We would like to express our deepest sympathy to those in the disaster areas and sincerely wish for the earliest recovery from this most unfortunate event.

 

 

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“K” Line Invites Graduate School Student as Intern from Republic of Mozambique

“K” LINE has offered an internship program as part of a “Master’s Degree and Internship Program” of the “African Business Education Initiative for Youth,” also kno180820 Africa internship 1wn as the ABE Initiative, sponsored by the Japanese government and its implementing agency, Japan International Cooperation Agency (JICA).

Through the ABE Initiative, which “K” LINE is supporting for the first time, the Japanese government supports young and eligible people from Africa to encourage them to be a part of the development of industries in Africa and to be “navigators” for Japanese companies doing business in Africa.

The intern, a graduate school student from the Republic of Mozambique, attended the five- day internship program from 6 August, including visits to Ohi Container Terminal and a shipyard where a new LNG carrier is currently under construction. The intern also experienced attending various meetings with other parties closely related to the shipping industry.

“K” LINE and its group believe that contributing to development of local communities and international society through educational support and job creation is also an important corporate social responsibility. With this in mind, “K” LINE fosters job creation and skills development in the areas where we operate businesses.

ABE Initiative (JICA website) :

https://www.jica.go.jp/english/countries/africa/internship.html

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New LNG Carrier for JERA Named “ENSHU MARU”

ENSHU MARU LNG Carrier Aug18

LNG Carrier “ENSHU MARU” August 2018

Kawasaki Kisen Kaisha, Ltd. (“K” Line) and Tokyo Century Corporation held naming ceremony for the newly-built liquefied natural gas (LNG) carrier (*1) for JERA Co., Inc. (JERA) at Sakaide Shipyard of Kawasaki Heavy Industries, Ltd. (KHI) yesterday.

The new vessel was given her name“ENSHU MARU”by Chairman of the Board of Directors Mr. Akihisa Mizuno of Chubu Electric Power Co., Inc.“ENSHU MARU”comes from the name of an old district in western Shizuoka Prefecture named “Tohtoumi” which is part of the service area of Chubu Electric Power Co., Inc.

Under the operation of LNG Marine Transport Ltd.,“ENSHU MARU”will mainly serve the transportation route between Freeport LNG project in United States and Japan after delivery, and is expected to contribute to stable transportation of energy for Japan.

Main Particulars of the Vessel:

   Owner   Trans Pacific Shipping 4 S.A. (*1)
  Construction Yard   KHI Sakaide Shipyard
   LOA   About 293m
   Beam    48.9m
   Tank Capacity    164,700m3
   Boil Off Rate (*2)    0.08% per day
   Propulsion System    Reheat Steam Turbine (Kawasaki Advanced Reheat Turbine Plant) (*3)
   Speed   19.5 Knot
(*1) Joint venture company with shares owned by “K” Line and Tokyo Century.
(*2) Boil Off Rate (BOR): Ratio of natural vaporized gas against maximum tank capacity to indicate capability of tank heat-insulation system.
(*3) Reheat Turbine Plant: Next-generation LNG carrier propulsion plant of high thermal efficiency and high reliability, incorporating the most advanced materials and control technologies including improvements in steam conditions to raise the thermal efficiency.
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