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"K" Line

“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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“K” Line’s settlement of the lawsuit against APL Logistics Ltd.

In September 2016, employees of APL Logistics Ltd.(APLL) sent erroneous e-mails to its customers which were not based on the facts regarding our financial situation. We thereafter filed a lawsuit at the Tokyo District Court in December 2016 demanding damages in relation to such e-mails. APLL and its parent company, Kintetsu World Express, Inc., acknowledged the fact that the e-mails included an erroneous report, expressed their regret and responded sincerely, and now we and APLL have reached an amicable settlement in relation to that claim.

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“K” Line to Provide Relief for Victims of Torrential Rains in West Japan

Kawasaki Kisen Kaisha, Ltd. announced that it will provide a monetary donation in the amount of 5 million yen toward relief efforts from the recent torrential rain damage in Western Japan. In addition, the “K” Line Group is now organizing fund-raising activities among officers and employees.

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 Selected for 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 Socially Responsible Investment (SRI) (*1), for the 16th consecutive year since its initial inclusion in 2003 and FTSE Blossom Japan Index for two consecutive years.

FTSE4Good Global Index is an index developed by FTSE Russell (*2), whose constituents are selected by measuring their performance in terms of management and information disclosure utilizing globally-recognized Environmental, Social and Governance (ESG) standards (Japanese companies number 152 out of 925 global companies). The index is a leading indicator used by investors who place importance on corporate social responsibility and sustainability.

In addition, we were also selected as a constituent of the FTSE Blossom Japan Index which reflects the performance of Japanese companies that demonstrate strong ESG practices (155 companies selected). This index has been adopted as a benchmark of ESG investment by Government Pension Investment Fund (GPIF).  

Furthermore, as of June 2018, we have also been selected as a constituent of the MSCI (*3) Japan Empowering Women Index (WIN) which is constituted of companies that promote and maintain higher levels of gender diversity in individual industry sector (215 companies selected). This index has been also adopted as a benchmark of ESG investment by GPIF.

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.

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

*2 FTSE Russell is owned by London Stock Exchange Group, an index company offering indexing and analytical solutions worldwide.

*3 MSCI is listed on New York Stock Exchange, a provider of investment decision support tools worldwide.

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Japan’s First LNG Bunkering Vessel to Start Operation in 2020

Central LNG Shipping Japan Corporation (Hereinafter: CLS), a joint venture established by Kawasaki Kisen Kaisha, Ltd., Chubu Electric Power Co., Inc., Toyota Tsusho Corporation, and Nippon Yusen Kabushiki Kaisha, announces that CLS has ordered an LNG Bunkering Vessel (Hereinafter: LBV) from Kawasaki Heavy Industries, Ltd. today. The LBV, which is scheduled to be delivered around September to December 2020, will become the first to be operated in Japan.

The four companies jointly established CLS and Central LNG Marine Fuel Japan Corporation (Hereinafter: CLMF) in May of this year to launch the LNG Bunkering Business in the Chubu (central) region of Japan. The LBV will be owned and managed by CLS, and LNG will be supplied to end-users through CLMF.

Principal Particulars of LBV

LNG cargo tank capacity  : 3,500 m3

Gross tonnage : 4,100 tons

Length overall  : 81.7 m

Breadth  : 18.0 m

Delivery : Sept. – Dec. 2020

Shipyard  : Kawasaki Heavy Industries, Ltd.

 

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“K” Line release a new Symbol Logo for “DRIVE GREEN NETWORK”

“K” LINE Group is continually engaged in environmental activities following the PDCA cycle while ensuring environmenal compliance. In order to realize our desirable future expressed i180620 Drive Green Network logon “K” LINE Environmental Vision 20501, our long-term environmental management vition, we commenced a new environmental management system, “DRIVE GREEN NETWORK (DGN)” in 2017 and obtained a statement of conformity2 for DGN from a third-party insutitution, DNV-GL this March to put it on the right track.

In this regard, it was decided we should create a logo for symbolizing our environmental activities and hence, after gathering opinions within the Group, we selected the one shown below. We hope the logo will help let many people become aware of our ongoing DGN activities and further advance our Group-wide efforts.

The logo was officialy presented during the reception held on June 5 for “K” LINE Group Environmental Awards 2018,” which is also World Environmental Day, and has been in use since June 6.

1 Please see the following URL for the details of “K” LINE Environmental Vision 2050 – Securing blue seas for tomorrow –.

https://www.kline.co.jp/en/news/csr/csr-2292932378768149328.html

2 Please see the following URL for the details of the obtaining of a statement of conformity from DNV-GL.

https://www.kline.co.jp/en/news/csr/csr7918214108024507414/main/0/link/20180517EN%20.pdf

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“K” LINE Holds Environmental Awards 2018 Ceremony

Award Ceremony held for “K” Line Group Environmental Awards 2018 on June 5, 2018.

The awards were established to honor and give recognition to outstanding environmental-preservation-contributive activities addressed by executives and employees working throughout the “K” LINE Group pursuant to the direction developed in “K” LINE Environmental Vision 2050. This year, which marked the 4th time since establishment of the awards in 2015, we also accepted many entries from our group companies both in Japan and overseas. Activities of six companies and one volunteer group — one for “Grand Award” and six for “Excellence Award” — were selected from such standpoints as “originality,” “challenge level,” “degree of contribution,” “continuity” and “potential for pervasiveness” with representatives from these companies and group receiving the awards from our President and CEO, Eizo Murakami.

In addition to these existing awards, we newly established a “Sustainability Award” this year. This additional award was created to recognize companies or groups which aggressively engage in environmental activities under the principle of “K” LINE Group’s Environmental Promotion System: DRIVE GREEN NETWORK (DGN) that was started last year, and we selected two companies this year.

The “K” LINE Group will continue to broadly share environmental preservation activities addressed within respective Group companies in order that we can further advance dissemination and enlightenment of environmental preservation activities as an entire Group effort through “K” Line Group Environmental Awards. Through this emphasis on continuing to aggressively contribute to environmental preservation and biodiversity protection, we should successfully accomplish our mission, i.e., “Passing down a sustainable society and this blue and beautiful ocean to the next generation” expressed in “K” LINE Environmental Vision 2050.

Awardees of the “K” Line Group Environmental Awards are as follows:

Grand Award

  • CO2 and cost reduction utilizing truck carrier
  1. “K” Line Mobaru Diamond Indonesia (KMDI)

KMDI developed a carrier car (truck carrier) which was able to load four small trucks in tandem with its client, PT Hino Motors Manufacturing Indonesia (HMMI) and has been in operation since February 2017. HMMI used to consign trucks (products) at the factory and since many of these traveled on their own, it was concerned about troubles such as damage during transportation. By developing the truck carrier, KMDI succeeded in decreasing the number of vehicles running on a road and that realized, combined with improvement of transport quality, reduction of fuel consumption. Furthermore, thanks to the cooperation of PT. Hino Motors Sales Indonesia (HMSI) that is a truck dealer, the carrier has been used for domestic long-distance delivery in their business.

Excellence Award (6) (in random order)

  • Shore power utilization for offshore support ships

K Line Offshore AS

  • Waste reduction and subsequent freight transport increase by selling waste materials

K Line Container Service (Thailand) Ltd.

  • Prevention of marine pollution with rust by scatter control and effective rinsing of tug-boats

Daito Corporation

  • Training and creating environmental awareness amongst crews

“K” Line Ship Management (Singapore) Pte Ltd.

  • Environmental preservation activities in Bacolod City, Bohol Island and Manila Bay

Veritas Maritime Corporation

  • Sato-yama preservation activities at Sarumachi-zuka, the “K” Line’s forest

“K” LINE Satoyama Club

Sustainability Award (2) (in random order)

  • Seagate Corporation
  • Nitto Total Logistics Ltd.
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