"K" Line

A ceremony to mark the completion of the world’s first maritime transport of liquefied hydrogen, including its loading and unloading has been held in Kobe, Japan.

The demonstration voyage by the world’s first liquefied hydrogen carrier, Suiso Frontier, proved that an international liquefied hydrogen supply chain is possible, marking a significant step towards the utilization of hydrogen as a new energy source.

The HySTRA^※1 joint venture, comprising Iwatani Corporation, Kawasaki Heavy Industries, Ltd., Shell Japan Ltd., Electric Power Development Co., Ltd.(J-POWER), Marubeni Corporation, ENEOS Corporation, and Kawasaki Kisen Kaisha, Ltd. with support from NEDO^※2, is exploring the development of a large-scale marine transport supply chain.

The joint venture developed technologies to produce and transport large volumes of liquefied hydrogen, conducting demonstration tests between Japan and Australia to establish processes around the safe loading, offloading and storage of hydrogen. Insights from the demonstration voyage will also guide the development of international safety standards and codes for transporting liquefied hydrogen.

Suiso Frontier, the world’s first liquefied hydrogen carrier, departed Japan in December 2021 and arrived in Australia in January 2022. The ship was loaded with liquefied hydrogen produced from coal in Victoria, Australia, and returned to Japan in February 2022, unloading the cargo to a landside storage tank.

The HySTRA joint venture partners will continue to gather data and findings, and collaborate with various parties to promote this project and contribute to the development of a commercial hydrogen supply chain, as more industries explore hydrogen as a new energy source.

The HySTRA joint venture comprises:

The project had input from Japanese and Australian government agencies, including the Ministry of Economy, Trade and Industry and NEDO, and companies in Japan and Australia.

Japan-Australia Supply Chain Pilot Diagram

Reference

In Australia, Iwatani Corporation, Kawasaki Heavy Industries Group, J-POWER Group, Marubeni Corporation, Sumitomo Corporation, and AGL Energy Limited formed a consortium to build a gas refining facility, hydrogen liquefaction and loading terminal with subsidies from the Australian and Victorian governments. A local industrial gas company oversees ground transportation of hydrogen.

Kawasaki Kisen Kaisha, Ltd. (hereinafter “K” LINE) is pleased to announce that, effective as from today, we have participate in the feasibility study jointly conducted since March 2021 by and among A.P. Moller – Maersk, Fleet Management Limited, Keppel Offshore & Marine, Maersk Mc-Kinney Moller Center for Zero Carbon Shipping, Sumitomo Corporation, and American Bureau of Shipping (*1), with the aim to establish a ship-to-ship based ammonia bunkering at the Port of Singapore, the largest bunkering port in the world (hereinafter “the Study”). Memorandum of Understanding was executed by and among the 8 companies, including Maritime & Port Authority of Singapore who has also decided to participate in the Study, at a ceremony held today during the occasion of Singapore Maritime Week 2022.

Emitting zero CO2 when combusted, ammonia has been considered as one of promising options among various alternative marine fuels to reduce greenhouse gas (GHG) emissions within the shipping industry, which is in line with the International Maritime Organization (IMO) strategy to achieve reduction of GHG emission by 50% in 2050 compared to the levels in 2008.

The Study aims to cover the entire end-to-end supply chain of ammonia bunkering, design of ammonia bunkering vessels, as well as related supply chain infrastructure. Relevant government agencies and experts in Singapore will be engaged in working towards the standardization of safe operation and regulations. Each partner will contribute to the Study within the scope set in line with their business domain.

We have long experience in handling of ammonia on board the vessel through technical management of ammonia carriers. In addition, we have know-how and expertise in the ship management service of bunkering vessel conducted within the regulatory framework and guidelines in Singapore which has been acquired through the management of Singapore’s first LNG bunkering vessel.

We believe that our engagement in the Study on the grounds of these expertise embodies the initiatives designated under our long-term environmental guideline – “K” LINE Environmental Vision 2050 (*2) – including “decarbonization of “K” LINE” and “promoting and supporting decarbonization of society”; hence we decided to participate in the Study. While watching trends in the development of international regulations concerning ammonia as marine fuel, we are planning to study ammonia-fueled vessels in more detail.

※1:     American Bureau of Shipping participated in the Study in October 2021.

※2:     “K” LINE’s environmental guideline. The target in 2050 was revised to be “net-zero”  in November 2021.  https://www.kline.co.jp/en/csr/environment/management.html

Partners

–           A.P. Moller – Maersk A/S   (HQ: Denmark)

–           Fleet Management Limited   (HQ: Hong Kong)

–           Keppel Offshore & Marine   (HQ: Singapore)

–           Maersk Mc-Kinney Moller Center    (HQ: Denmark) for Zero Carbon Shipping

–           Sumitomo Corporation    (HQ: Japan)

–           American Bureau of Shipping    (HQ: U.S.A.)

–           Maritime & Port Authority of Singapore   (Location: Singapore)

–           Kawasaki Kisen Kaisha, Ltd.    (HQ: Tokyo)

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is deeply concerned about the safety of people exposed to the current humanitarian crisis in Ukraine. In relation to the current situation in the country, we have implemented the following measures:

1. Humanitarian aid

Many seafarers from Ukraine are onboard vessels under our operation, and their families are forced to evacuate abroad. Considering the situation, we have decided to provide financial aid with 150 families, by contributing EUR 300,000 through Stargate Maritime Ltd., to support the costs for refugee life for the time being, including traveling costs from Ukraine to Bulgaria and accommodation costs after arrival, etc. We shall also consider additional support while taking into account the further progress of the situation.

2. Impact on our business

Our services related to both Russia and Ukraine are suspended and changed sequentially, taking into account various situations. The impact of the situation in both countries on our business is minor and limited.

In response to this situation, we will comply with the international community’s coordinated sanctions, in accordance with the policy of the Japanese Government.

We would like to express our heartfelt sympathy to all those affected by the humanitarian crisis and pray for a peaceful resolution as soon as possible.

Announcement of the Execution of a Share Exchange Agreement to Make Kawasaki Kinkai Kisen, Ltd. a Wholly-Owned Subsidiary of Kawasaki Kisen, Ltd.(by Simplified Share Exchange)

Available on the “K” Line website in both in English and Japanese – https://www.kline.co.jp/en/

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce publication of ESG DATA BOOK 2021.

ESG DATA BOOK 2021 has been issued to systematically summarize policies, systems, specific initiatives and relevant data related to “K” LINE Group’s environmental (E), social (S), and governance (G) aspects. It has been published from this fiscal year as a tool for dispatch of information to, and for communication with, stakeholders who are interested in the Group’s ESG initiatives.

“K” LINE publishes “K” LINE REPORT, an integrated report aimed at helping all stakeholders understand the Group’s corporate activities and medium-term vision. It also publishes FACTBOOK, a compilation of materials mainly for shareholders and other investors, designed to deepen their understanding of the shipping industry and our business. By publishing ESG DATA BOOK in addition to these publications, we are working to further enhance disclosures of the Group’s financial and non-financial information. We hope that these publications will help better and deeper understandings on “K” LINE Group among a broad range of our stakeholders.

ESG DATA BOOK 2021 can be found on our website.

HOME > Sustainability > ESG Data

https://www.kline.co.jp/en/csr/esg.html

For browsing：

https://www.kline.co.jp/en/csr/esg/main/00/teaserItems1/00/file/ESG_DATA_BOOK_2021_(EN)_for_Browsing.pdf

For printing：

https://www.kline.co.jp/en/csr/esg/main/00/teaserItems1/03/file/ESG_DATA_BOOK_2021_(EN)_for_Printing.pdf

“K” LINE REPORT 2021

An integrated report aimed at helping all stakeholders understand the Group’s corporate activities and medium-term vision.

FACTBOOK 2021

A compilation of materials mainly for shareholders and other investors, designed to deepen their understanding of the shipping industry and our business

SUSTAINABILITY BOOKLET

Specially issued in July 2021 for helping our stakeholders’ better understanding of the concept and the specific initiatives of “K” LINE’s corporate sustainability management.

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has established “K” LINE Group Basic Policy on Human Rights (the Policy), based on the United Nations Guiding Principle on Business and Human Rights*.

The Policy has been established as more specific guidelines for respecting Human Rights, which is upheld in the Charter of Conduct of the “K” LINE Group Companies, standards of behavior for the entire Group. The Policy sets out that the Group shall respect and comply with international norms and laws related to respect for human rights, as well as conduct Human Rights Due Diligence.

As an integrated logistics company grown from shipping business, “K” LINE Group conducts its business activities with the support of many people. Recognizing the international trend of increasing importance of respect for human rights, “K” LINE Group will promote its business taking into account the human rights of those concerned with its business activities, so as to continue to be a company group trusted by society.

*）United Nations Guiding Principle on Business and Human Rights:

A document endorsed by the UN Human Rights Council in 2011 that stipulates respect for human rights in corporate activities. The principle encourages efforts to protect and respect human rights, containing 3 pillars: 1. The State Duty to Protect, 2. The Corporate Responsibility to Respect, and 3. Access to Remedy.

Related Link: https://www.kline.co.jp/en/csr/social/human_resource/human_rights/main/0/teaserItems1/01/link/%5BEN%5DK%20LINE%20Group%20Basic%20Policy%20on%20Human%20Rights.pdf

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Daito Corporation will launch “K” LINE Group’s first finished-vehicle terminal in Japan,at Yokohama Daikoku C-4 Terminal from April 2022.

“K” LINE Group leases the terminal from Yokohama Port Terminal Corporation (YPC) and operates it at Yokohama port, which handles one of the largest volumes of finished vehicles in Japan. The terminal is capable of handling a wide variety of products, including new and used vehicles, construction machineries, and break-bulk cargoes, and can also be used as a transshipment base for finished vehicles to meet a variety of needs. Thus, the new terminal will contribute to optimize the handling of vehicles in Yokohama port as a whole by welcoming vessels other than those operated by “K” LINE.

We also aim to create an environmentally friendly terminal by introducing LED lighting for night　time operation, EVs for terminal vehicles, and the use of electricity generated from renewable energy sources. At the same time, we will strive to improve safety, the environment, and quality, which are important issues for the Group, by making active use of digital technologies such as AI and IoT, including the automation of entry and exit gates and the introduction of advanced terminal management systems, and by creating a high value-added terminal.

We will respond flexibly and proactively to customer needs, including growing needs for environmental and digital solution. Also, we will continue to protect the environment through our business activities, contribute to realize a sustainable society, and maximize its corporate value based on the “K” LINE Environmental Vision 2050 (Note1).

(Note 1) “K” LINE Environmental Vision 2050

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

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that the company was recognized as “Supplier Engagement Leaderboard” for four consecutive years, the top rating, on “Supplier Engagement Rating” from CDP, which is a non-profit global organization (NGO) engaging in activities for investigating and disclosing environmental information, on February 10.

“Supplier Engagement Rating” evaluates the companies’ initiatives for climate change and greenhouse gas emissions throughout the supply chain and ranks the companies in line with their efforts. Our strategies and initiatives were evaluated on “Supplier Engagement Rating”.

This year 518 companies, including 105 Japanese companies, out of 6,300 companies were awarded as “Supplier Engagement Leaderboard” worldwide. 

In November 2021, we have revised our environmental target in our long-term environmental guideline “K” LINE Environmental Vision 2050 -Blue Seas for the Future- in order to strengthen the initiatives toward global climate change countermeasures and has set our new target for 2050 as “The Challenge of Achieving Net-Zero GHG Emissions”.

As an integrated logistics company, the “K” LINE Group is working to realize sustainable society and increase corporate value. We will not only reinforce initiatives for reducing our in-house GHG emissions but also actively support projects aimed at a decarbonized society. These initiatives include support vessels for projects related to the renewable energy field, such as offshore wind power, transportation of new energy sources, such as hydrogen and ammonia, and carbon capture and storage (CCS) transportation. We reduce its environmental impact based on its corporate philosophy of contributing to society so that people live well and prosperously.

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

To read this press release in its entirety please follow the following link:

https://www.kline.co.jp/en/news/other/other134269898622655607/main/0/link/220203_2EN.pdf

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

Please see the attached PDF documents to see the full reports:

・Financial Highlights for 3rd Quarter FY2021

https://www.kline.co.jp/en/news/ir/ir-1284978996270673514/main/0/link/2021_3_report_e.pdf

・Notice on Revision to Financial Results for the full Fiscal Year ending March 2022

https://www.kline.co.jp/en/news/ir/auto_20220202578608/pdfFile.pdf

If you cannot open the URL please access the press release via the website:

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