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"K" Line

“K” Line – Membership in “Getting to Zero Coalition” to promote GHG emission reduction

K” LINE expresses its concurrence with “Getting to Zero Coalition” (note 1 below), a corporate alliance launched at the United Nations Climate Action Summit in September 2019.

In “Getting to Zero Coalition”, in order to achieve the GHG(Greenhouse gas)reduction target set by IMO (International Maritime Organization), GHG total emission reduction by half from international shipping by 2050, the goal of realizing the operation of ships by zero-emission fuel on a commercial basis has been established, and more than 90 companies and institutions representing the maritime, energy, infrastructure and financial sectors have currently participated.

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 2 below). 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” and obtained certification, “ Science Based Target Initiative (SBT Initiative)” (note 3 below).

In addition, we started activities for promoting the environmental management system “DRIVE GREEN NETWORK (DGN)” (note 4 below) 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) “Getting to Zero Coalition”

Partnership among Global Maritime Forum, Friends of Ocean Action, World Economic Forum.

Please refer to the following link for details.

https://www.globalmaritimeforum.org/getting-to-zero-coalition

(note 2) “ “K” LINE Environmental Vision 2050-Securing Blue Seas for Tomorrow-”

CO2 emission by 50% for 2050 as one of the goals

Please refer to the following link for details.

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

(note 3) SBT Initiative

Please refer to the following link for details.

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

(note 4) “DRIVE GREEN NETWORK” (DGN)

Please refer to the following link (P.35) for details.

https://www.kline.co.jp/en/ir/library/report/main/01114/teaserItems1/00/file/Kline%20report2019en-s.pdf

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“K” Line : Announcement of Financial Highlights for 2nd Quarter FY2019

OCTOBER 31st, 2019

Financial Highlights for 2nd quarter FY2019 :

https://www.kline.co.jp/en/news/ir/ir20191031e/main/0/link/2019_2_report_e.pdf

Notice on Differences between Consolidated Financial Forecasts and Results for 1st Half of Fiscal Year ending March 2020 and Dividend from Retained Earnings (No Interim Dividend) :

https://www.kline.co.jp/en/news/ir/auto_20191030415156/pdfFile.pdf

If you cannot open the URL, please try to access the Website.

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

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“K” Line – Changes of the responsibilities of Executive Officer

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

Changes effective as of January 1, 2020
Position : EXECUTIVE OFFICER
Name : SATOSHI KANAMORI
Responsibilities :
(Present) In charge of LNG, Energy Business Planning,
General Manager of Energy Business Planning Group
(New) In charge of LNG, Energy Business Planning, Fuel
Strategy & Procurement, General Manager of Energy Business Planning Group

Please see the full list of responsibilities of Executive Officers scheduled on and after January 1, 2020 https://www.kline.co.jp/en/news/ir/ir-5203133214530180264/main/0/link/20191031_2E.pdf

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“K” Line : Consecutive Voyage Contract and Construction of Woodchip Carrier for Nippon Paper

Kawasaki Kisen Kaisha, Ltd. (hereinafter “K” LINE) is pleased to announce that an agreement is to be made with Nippon Paper Industries Co. Ltd., on consecutive voyage contract of new 3.6 million CFT woodchip carrier delivered in 2022. She will be in dedicated service to them for carrying woodchips for paper materials and some Biomass woodchips for Biomass power generation business which operation will be started at Tomakomai in 2023.

She is equipped with the latest economical and environmental-friendly features. She installs Hybrid fin behind the propeller to save energy and Ballast water treatment system to compliant with the ballast water discharging rules. Furthermore, for complying with the regulation of SOx global cap that will be enforced in all sea areas from January 2020, the vessel is equipped with a scrubber on the funnel to remove sulfur oxides from the gas discharged from the engine.

“K” LINE group recognizes that environment problems are common issue for all humanity and specified in “K” LINE Environmental Vision 2050 to take action independently for reducing environmental burden and contribute to the realization of a sustainable society. Use of Biomass woodchips leading to reduce CO2 is common to our efforts.

In order to achieve“K”LINE Value for our Next Century, we secure long term contracts and contribute to stable supply of Biomass woodchips for environmental load reduction.

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“K” Line – Launching of a 200,000-dwt Bulk Carrier “CAPE DISCOVERY”

200,000-dwt ton Cape size bulker “CAPE DISCOVERY”

Today, at the Marugame business headquarters Imabari Shipbuilding Co., Ltd., the 200,000-dwt ton Cape size bulker “CAPE DISCOVERY” has been completed.

The ship is compliant with the Common Structural Rules for Bulk Carrier (CSR-BC) for bulk cargo ships, and the main institution is equipped with an electronically controlled engine with enhanced anti-corrosion measures, in order to save energy, we have installed WAD (Weather Adapted Duct) in front of the propeller and Hybrid Fin behind the propeller.

Furthermore, for complying with the regulation of SOx Global Cap that will be enforced in all sea areas from January 2020, the vessel is equipped with a scrubber on the funnel to remove sulfur oxides from the gas discharged from the engine, it is a state-of-the-art ship that gathers world-class technology among Cape size bulkers and she will be engaged in iron ore and coal transport for JFE Steel Corporation under a long term consecutive voyage charter contract.

With a large number of vessels from various types with various sizes – from very large to small -, “K” Line offers its customers a unique range of transport services. “K” Line will remain committed to flexibly and actively responding diversifying needs for shipments of ore and other iron-bearing raw materials.

Vessel Particulars

LOA                      :          299.95M

Width                  :          50.00M

Depth                  :          24.70M

Draft                    :          18.32M

Deadweight        :          208,603T

Gross Ton            :          107,919T

Main Engine       :          MES MAN-B&W 6G70ME-C9.5

Speed                  :          14.6KTS

Class                    :          NK

Flag                      :          Liberia

Builder                 :          Imabari Shipbuilding Co., Ltd.

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“K” LINE, MOL, & NYK Share Data with ONE through the Common Data Platform “IoS-OP”

Kawasaki Kisen Kaisha, Ltd. (”K” LINE), Mitsui O.S.K Lines, Ltd. (MOL), and Nippon Yusen Kabushiki Kaisha (NYK) have begun sharing of operational data acquired from the monitoring system installed in their container ships with their charter, Ocean Network Express Pte. Ltd. (ONE), through the IoS-Open Platform (IoS-OP) promoted by Ship Data Center Ltd. (ShipDC).

As ”K” LINE, MOL, and NYK have managed the data by different frameworks, ONE needed to carry out data conversion. With the IoS-OP’s automatic conversion function to the standard names in line with ISO19848, which is provided by ShipDC, data conversion burden is mitigated resulting in simplifying analysis and management of integrated operational data of ONE’s fleet.

ONE aims to use this data to improve the accuracy of performance evaluations of individual vessel and machinery, and to achieve safer and more efficient vessel operations.

This data sharing will significantly increase the volume of ship operational data distributed through IoS-OP, and further contribute to acceleration of data collection, distribution, and utilization through IoS-OP within the maritime industry.

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“K” Line to Provide Relief for Victims of the Typhoon Hagibis

Kawasaki Kisen Kaisha, Ltd. announced that it will provide a monetary donation in the amount of 5 million yen toward relief efforts in the areas damaged by the Typhoon Hagibis last week. 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 – Commencing Joint Research and Analysis and Market Conditions with artificial intelligence (AI)

Kawasaki Kisen Kaisha., Ltd. (hereinafter, “K” Line) has reached an agreement with Hiroshima University, the National Institute of Maritime, Port and Aviation Technology (hereinafter, “MPAT”) and Marubeni Corporation (hereinafter, “Marubeni”) to jointly work on research and analysis on maritime logistics and shipping market conditions using AI (hereinafter “The Research”).

In recent years, it has become possible to use comprehensive, chronologically ordered ship movement and static data, such as position (coordinate information), speed, direction, port of call and drafts, for ships with over 300 gross tonnage traveling internationally. This data is being applied in a variety of ways. Additionally, AI is making remarkable progress with improving machine learning and deep learning technology, and there is much research and practical application of this technology that is being used to find patterns hidden in big data and to make predictions. The purpose of The Research is to estimate maritime logistics by combining data and technology, and to explore the possibility of developing predictive models with high accuracy.

The shipping market is one of the more difficult economic indicators to predict because it fluctuates greatly under the influence of various market and social conditions, and sometimes market sentiment as well. The method developed by The Research is expected to enable more accurate and transparent business decisions.

“K” Line Group is promoting the application of digital technology which never stops evolving, such as AI/IoT to our existing business by assigning “AI/Digitalization Promotion Division” as a driver.

We are working to further improve the quality of existing service based on safety in navigation and cargo operations to high-value-added services which can contribute to strengthening relationships with our customers that we have cultivated for many years. 

We are also working to organically integrate and develop the various technologies and services cultivated across all divisions to date, and to move forward not only internally, but also through proactive cooperation with universities and other external research institutes, so that we can construct new business models more effectively and with a greater sense of speed .

“K” Line will continue to promote the creation of new values by combining its own knowledge on shipping cultivated for the past 100 years with new experience and knowledge of Hiroshima University, MPAT and Marubeni.

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K” Line Publishes 100-Year History Entitled “Voyaging Through Time”

Kawasaki Kisen Kaisha, Ltd. (“K” Line) is celebrating its 100th Anniversary this year. As part of our centennial commemoration, we have published a company history entitled “Voyaging Through Time” and posted it on our company website. This publication describes how “K” Line has proceeded in its course over the last century and includes a multiple number of photos and illustrations.

In this April, we released a Corporate Profile Video which introduces our 100-year history and present organization. It is our hope that you will deepen your understanding of our company’s activities through this publication and video.

As an integrated logistics company, our corporate principle is to help enrich the lives of people. Our goal is to pass this principle on throughout the next 100 years and strive to earn the trust from all around the world.

Company History “Voyaging Through Time”   –  https://www.kline.co.jp/en/book.html

Corporate Profile Video “Voyaging Through Time”  –  https://www.kline.co.jp/en/movie.html

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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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