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"K" Line

“K” Line’s Environmental Management Promotion System Acquires “Statement of Conformity”

We are pleased to advise that “K” LINE and some of its group companies recently acquired a “Statement of Conformity[i] ” for our environmental system, “DRIVE GREEN NETWORK,” (hereinafter referred to as “DGN”) for pushing forward group-wide environmental management in consequence of a conformity audit by a third-party institution (DNV-GL[ii]).

“DGN” was started in June 2017[iii] for continually improving environmental preservation activities while promoting the PDCA cycle function and ensuring environmental compliance throughout the entire “K” LINE Group. We strive for realization of a sustainable society as an entire group through individual efforts of each company in identifying and addressing environmental issues in their daily operations.

“DGN” had been introduced to the entire “K” LINE Group in three phases, and the scope of application of the Statement of Conformity this time is for 15 companies (14 companies in Japan including “K” LINE and one overseas affiliate). In 2018, the year of Phase 2, “DGN” is intended for all remaining targeted companies in Japan and some overseas targeted companies; and in 2019, which marks the centennial of the foundation of the company, it will be introduced to all group companies including overseas affiliates.

The project name, “DRIVE GREEN NETWORK” is assigned in the hope of carrying out the ambition of “getting one step ahead toward the future” of DRIVE GREEN HIGHWAY[iv], our next-generation eco-friendly flagship which was completed and entered service in 2016.

The “K” LINE Group is proceeding with environmental actions toward the goal which is set in our long-time environmental principle, “K” LINE Environmental Vision 2050 — Securing Blue Seas for Tomorrow —[v]”. As an environmental front-runner, we continue to work to realize the business that enables more people around the world to enjoy lower-load and highly efficient maritime shipping.

[i] DGN-GL: a company based in Oslo, Norway and mainly provides services such as various verifications, technical consultation, and vessel inspection in Japan.

https://www.dnvgl.us/about/index.html

[ii] Statement of Conformity: a certificate for stating that it was proved that the DGN activities addressed by all targeted companies are being implemented in accordance with the DGN manual

[iii] For details of [DGN” was started in June 2017], please see:

https://www.kline.co.jp/en/news/other/other-3846661036698582525.html

[iv] For details of DRIVE GREEN HIGHWAY, please see:

https://www.kline.co.jp/en/feature02.html

[v] For details of “K” LINE Environmental Vision 2050 — Securing Blue Seas for Tomorrow —, please see: https://www.kline.co.jp/en/news/other/other2292932378768149328.html

 

 

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“K” Line Global RORO Service Website Released

May 11, 2018

“K” Line car carrier department launches a new website for customers using our complete car and RORO cargo transport services.

This new website provides a menu with three easily-accessible and convenient tools for customers using our transport services: cargo tracking, schedule viewing, rate requesting.

Please visit our new customer website from the URL shown below.

“K” LINE GLOBAL RORO SERVICE WEBSITE

http://www.klineglobalroro.com/index.html

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“K” Line, Chubu Electric Power, Toyota Tsusho, and NYK Line Establish LNG Bunkering Joint Ventures and Launch the LNG Bunkering Business in Japan

180510 LNG Bunkering Vesselm LNG Fueled vessel

Kawasaki Kisen Kaisha, Ltd. (Head office: Chiyoda-ku, Tokyo; President & CEO: Eizo Murakami; hereinafter “K” Line), Chubu Electric Power Co., Inc. (Head office: Higashi-ku, Nagoya; President & Director: Satoru Katsuno; hereinafter Chubu Electric Power), Toyota Tsusho Corporation (Head office: Nakamura-ku, Nagoya; President & CEO: Ichiro Kashitani; hereinafter Toyota Tsusho), and Nippon Yusen Kabushiki Kaisha (Head office: Chiyoda-ku, Tokyo; President: Tadaaki Naito; hereinafter NYK Line) jointly announce that the four companies have agreed to launch the LNG Bunkering business in Japan and have established two joint ventures1 today.

LNG is expected to become an important alternative to heavy fuel oil due to its low emission rate2 of air polluting substances and greenhouse gases, which will enable ships to meet increasingly stringent international regulations on emissions.

As per the announcement on January 26, 2018, the four companies have been in joint discussions on the commercialization of LNG Bunkering Business in the Chubu (central region) of Japan. The four companies have now agreed to launch the business, and today established two joint ventures to run the LNG Bunkering Business. Going forward, each of the four companies will utilize the expertise and strengths that they each possess to propel the “Ship-to-Ship Bunkering3” business.

Overview of the newly established joint ventures

- Corporate name :
1. Central LNG Marine Fuel Japan Corporation
2. Central LNG Shipping Japan Corporation
- Shareholders :
“K” Line, Chubu Electric Power, Toyota Tsusho, and NYK Line
- Business content:
1. LNG Bunkering Business
2. Ownership of the LNG Bunkering Vessel
- Date of establishment :
May 10, 2018

 

Merits of LNG

Compared to heavy fuel oil, the use of LNG can reduce emissions of sulfur oxides (SOx) and particulate matter (PM) by approximately 100%, nitrogen oxides (NOx) by as much as 80%, and carbon dioxide (CO2) by approximately 30%.

Ship-to-Ship Bunkering

A method of bunkering where an LNG Bunkering vessel comes alongside an LNG Fueled vessel to supply LNG at different locations such as along the quayside, pier or at anchor.

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“K” Line Press Release : Announcement of Financial Highlights for FY2017

・Financial Highlights for FY2017

https://www.kline.co.jp/en/news/ir/ir8215338389570244720/main/0/link/20180427_E150-4.pdf

・Notice of Differences from Previously Announced Forecast of Financial Results

https://www.kline.co.jp/en/news/ir/auto_20180426420660/pdfFile.pdf

 

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“K” Line Website Redesigned

Kawasaki Kisen Kaisha, Ltd. (“K” Line) launches redesigned website April 2, 2018.

“K” Line has reviewed and revised overall contents of its website by this renewal. In particular, the investors pages were enriched and new image banners introduced in order to help viewers more easily understand the “K” Line organization.

We view our “K” Line website as a crucial communication tool and remain committed to enhancing its content and continuously improving its ease of use. We thank you for your support and look forward to your continued use of our “K” Line website.

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

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Notice of Investment Payment Completion and Service Commencement for New J/V in the Container Shipping Business

Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines, Ltd., and Nippon Yusen Kabushiki Kaisha today announced the completion of payment for investment in their new joint venture in the container
shipping business, Ocean Network Express Pte. Ltd. (ONE), which was established in July 2017, with service commencing on April 1, 2018, as follows.

1. Payment of investment
Investee: Ocean Network Express Pte. Ltd. (location: Singapore)
Amount of investment: Total US$3.0 billion
(The following changes have been made to the original plan:
– Paid all in cash without any investment in kind.
– Assets intended as in-kind contributions will be transferred at market value in the future.)
Payment completion date: April 2, 2018
Shareholders/Contribution Ratio: Kawasaki Kisen Kaisha, Ltd. 31%, Mitsui O.S.K. Lines, Ltd. 31%,
Nippon Yusen Kabushiki Kaisha 38%

2. Outline of services
No. of vessels in service/transport capacity: About 230 vessels / 1.44 million TEUs
Service network: Total 85 services, calling at over 200 ports in 100 countries
For details, please refer to the Ocean Network Service website: https://www.one-line.com/en

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New Building with Seafarer’s accommodation Delivered, Opening Ceremony held in The Philippines

A new building named “OCEAN BREEZE” has been constructed adjacent to the existing building for further strengthening and expanding our seafarer’s training facility known as “K” Line Maritime Academy Philippines (hereafter “KLMA (Phil)”).  The building is  located in Pasay City, and on March 2, 2018, with many distinguished Japanese and Philippine government officials, as w180305 New Accommodation Building Ocean Breezeell as many overseas and maritime officials attending, an opening ceremony was successfully held.

Our efforts for developing seafarers in The Philippines was first started in 1993 by the establishment of “K” Line Maritime Training Corporation (KMTC), later known as “KLMA (Phil)” within our own “KLINE BUILDING” completed in February 2008. Currently we are accepting 10,000 trainees per year, and as one of the main pillars to support “safe operations and environmental conservation” in accordance with our company’s business foundation, we will stably provide high quality seafarers as well as further strengthening and nurturing their training.

“OCEAN BREEZE” is an eleven-story complex building that combines a seafarer’s clinic equipped with the very latest medical equipment, a dormitory that can accommodate 225 trainees (total 282 trainees together with existing building) and office space on the upper floor. It is a symbolic place for securing and training the seafarers for our “K” Line fleet, in response to the ever-increasing demand Filipino seafarers.

Inside the building, synergies within the “K” Line group are also expected as inclusion of occupancy by group companies such as seafarer manning companies, marine agents and logistics company, including our own representative office.

“K” Line Group is working together to secure and train skilled seafarers so that we can continuously provide high-quality logistics based on safe navigation.

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The European Commission Decision and Recording of Extraordinary Loss

February 22, 2018 : Kawasaki Kisen Kaisha, Ltd. (“K” Line”) announced today that the Company has received notification of a European Commission Decision imposing a fine on “K”Line of € 39,100,000 for infringement of EU competition Law in connection with the deep sea car carriage services which started or ended in the EEA.

Since September 2012, the European Commission has investigated certain car carriers including “K” Line in this matter, and “K” Line has fully cooperated with the investigation.

“K” Line takes this matter seriously and has taken steps to further strengthen its compliance and training programs to ensure compliance with all applicable laws and regulations.

“K” Line will record the equivalent amount in Japanese yen as an extraordinary loss in the fiscal year ending March 2018.  In conjunction with this, “K” Line has not changed its forecasts for consolidated financial results for the fiscal year ending March 31, 2018, announced on January 31, 2018.

 

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ONE Ready to Take Bookings from February 1

Kawasaki Kisen Kaisha, Ltd.

Mitsui O.S.K. Lines, Ltd.

Nippon Yusen Kabushiki Kaisha

Ocean Network Express Pte. Ltd.

 

Ocean Network Express Pte. Ltd. (hereinafter referred to as “ONE”) announces that acceptance of bookings for its container shipping service begins in stages from February 1, 2018*.

ONE is a joint venture of Kawasaki Kisen Kaisha, Ltd. (hereinafter referred to as “K” Line”), Mitsui O.S.K. Lines, Ltd  (hereinafter referred to as “MOL”), and Nippon Yusen Kabushiki Kaisha (hereinafter referred to as “NYK”) set to start its business operations on April 1, 2018.

With the commencement of ONE’s business operations, there will be up to four companies, namely ONE, “K” Line, MOL, and NYK operating on the same service concurrently during the transitional period until three pre-existing lines completely stop operating vessels. To help our customers to place bookings with the right party, we have provided more information of the operators on each route and service in “Booking Ownership Guide” and “Vessel Voyage Direction List” on four companies’ websites at the following URLs:

Booking Ownership Guide:  

https://ecomm.one-line.com/ecom/CUP_HOM_3271.do?isPopup=Y&coCd=ONE

 

Vessel Voyage Direction List:

https://www.one-line.com/en/standard-page/vessel-voyage-direction-list

If a customer makes a booking with an operator different from those in the “Booking Ownership Guide” or “Vessel Voyage Direction List”, we will attempt to coordinate between ONE and “K” Line / MOL / NYK to ensure handover to the appropriate operator upon confirmation of the customer’s intention.

*Please contact each country’s ONE office for more detailed information regarding booking acceptance start timing.

https://www.one-line.com/en/standard-page/booking-contacts

 

The news on this website is as of the date announced and may change without notice.

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“K” Line, Chubu Electric, Toyota Tsusho, and NYK Line begin joint discussions on LNG Bunkering Business in Japan

Kawasaki Kisen Kaisha, Ltd. (Head office: Chiyoda-ku, Tokyo; President & CEO: Eizo Murakami; hereinafter “K” Line), Chubu Electric Power Co., Inc. (Head office: Higashi-ku, Nagoya; President & Director: Satoru Katsuno; hereinafter Chubu Electric Power), Toyota Tsusho Corporation (Head office: Nakamura-ku, Nagoya; President & CEO: Jun Karube; hereinafter Toyota Tsusho), and Nippon Yusen Kabushiki Kaisha (Head office: Chiyoda-ku, Tokyo; President: Tadaaki Naito; hereinafter NYK Line) announce today that the four companies have begun joint discussions on the commercialization of a new business to supply liquefied natural gas (LNG) as a marine fuel to ships in the Chubu (central region) of Japan.

LNG is expected to become an important alternative to heavy fuel oil due to its relatively low emissions* of air polluting substances and greenhouse gases, which will enable ships to meet increasingly stringent international regulations on emissions. The four companies will jointly discuss specific LNG customers and supply methods in preparation for the commercialization of LNG bunkering business.

*Compared to heavy fuel oil, the use of LNG can reduce emissions of sulfur oxides (SOx) and particulate matter (PM) by approximately 100%, nitrogen oxides (NOx) by as much as 80%, and carbon dioxide (CO2) by approximately 30%.

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