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Please be advised that “K” Line Tokyo Head Office, issued the following press release today, please refer to the attached PDF file.
https://www.kline.co.jp/en/news/other/other9162967076542076848/main/0/link/210430EN.pdf
It is also available on the “K” Line website in both English and Japanese.
Kawasaki Kisen Kaisha, Ltd, and Kawasaki Kinkai Kisen Kaisha Ltd. are pleased to announce the agreement to establish a joint venture company (“K” Line Wind Service, Ltd) for the purpose of providing marine related services for offshore wind power business
Japanese Government has announced its Green Growth Strategy for carbon neutrality by 2050. Offshore wind power is a prerequisite to the decarbonization of the electricity sector and it started to promote its supply chain development.
“K” Line Wind Service is established for the target of contributing to offshore wind power development and carbon neutrality of the society by gathering the whole “K” Line group’s worldwide experience and expertise in the offshore vessel operations. “K” Line Wind Service will provide offshore support vessel services with 150T bollard pull Anchor Handling vessel “AKATSUKI” and 6,000 PS Offshore Support vessel “KAIKO” owned and operated by Kawasaki Kinkai Kisen Kaisha group and further expand the expertise to various types of offshore wind vessels.
Company Name “K” Line Wind Service, Ltd.
Address 2-1, Kasumigaseki 3-Chome, Chiyoda-ku, Tokyo
Shareholders Kawasaki Kisen Kaisha, Ltd. 50%, Kawasaki Kinkai Kisen Kaisha, Ltd. 50%
President Yutaka Kuge
Start of Operation to be scheduled as June 1st, 2021 (Tue) ,subject to approval from relevant authorities.
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has decided to introduce the “K”ARE programme (Note 1) on a full scale utilizing Norway based SAYFR’s (Note 2) insight and gamified learning apps.
In order to achieve safe operation and to continuously improve service quality, “K” LINE believes that a combination of technical and non-technical skills (Note 3) is important. Technical skills refer to professional marine and technical knowledge/skills whereas non-technical skills are about improving communication and collaboration through respect and care for each other.
Through the “K”ARE programme, everyone in the “K” LINE group both onboard and ashore will share its societal mission and values, and develop a truly open culture where each individual can naturally demonstrate leadership regardless of title or background.
By maturing its organizational culture, the group will foster a sense of unity and through continuous efforts to preserve the environment, will deliver safe, high quality and sustainable transportation service that will contribute to society.
(Note 1) “K”ARE programme: https://klinelnguk.com/continuous-improvement/
The programme initiated by group subsidiary “K” Line LNG Shipping (UK) Limited in 2015 with the objective of improving service quality through maturing its safety culture. Now recognizing the validity of this initiative, “K” LINE has decided to roll out this programme on a group-wide basis.
(Note 2) SAYFR: https://sayfr.com
A Norway based consulting/SaaS(Software as a Service) company with a unique mix of data (approx. 10 million data points from 200,000 employees working in global organizations) and digital tools such as gamification and simulation learning apps, SAYFR helps its customers shape culture at scale – a culture that turn failures into something that benefits everyone.
(Note 3) Non-technical Skills
Non-Technical Skills are social and interpersonal skills such as communication, teamwork, leadership, situation awareness and decision-making skills.
Learning non-technical skills deeply through the case which can happen on the ship as a part of “K”ARE programme by utilization of gamified educational application in smart phone and tablet.
”K” LINE is pleased to announce that we establish new recycling scheme for used lashing materials, that create and support working opportunity for the challenged people.
Lashing materials are used to tightly secure cars on deck of PCC(Pure Car Carrier) to keep stability while transportation on sea. It is necessary to replace deteriorated lashing materials with new ones on regular basis. We used to treat them as industrial waste, however, with cooperation from Global Technos, Ltd in Yokohama (Note 1) and Daito Corporation (Note 2), recycling process of these materials from Port of Yokohama was newly established since 2016 to reduce environmental burden. All those recycle steps such as disassembling and recycling are consolidated in Kanagawa Pref to minimize running distance by truck to reduce CO2 emission.
In April, we decided to request “Dekkaisora”, non profit organization/self-reliance support facility for the challenged people in Yokohama (Note 3), to participate in disassembling process on this recycling flow at “Seiten”, continuous employment support TYPE B (Note 4) work place, which create employment opportunity for challenged people.
We are considering next step to reuse these lashing materials after damaged belt replaced, moreover, we are planning to invite staff working at “Seiten” to visit our PCC for onboard tour to see how their work actually connect to our business.
“K” LINE group set recycling promotion in our environmental policy and keep continuous effort to make recycling society.
(Note 1) Global Technos, Ltd : http://www.global-technos.jp/top.html
(Note 2) Daito Corporation : https://www.daitocorp.co.jp/
(Note 3) Dekkaisora, non profit organization : http://www.dekkaisora.jp/
(Note 4) Continuous employment support TYPE B : Welfare service to offer work place with support for people under 65 years having difficulty in employment at general company. There is no working agreement and no limit for working period.
In March “K” LINE Australia, in partnership with “K” LINE Thailand, voluntary transported one unit of Bush Fire charity vehicle free of charge onboard MV Tianjin Highway, PCC(Pure Car Carrier), from Port Kembla to Fremantle to support charity organization, Anglicare Australia’s effort to support of people in Western Australia who have suffered from recent summer bush fire tragedies.
“K” LINE Australia was able to work side by side with McPhee Freight Pty Ltd, who also donated free of charge and arranged all landside transport delivery & collection charges from terminals in Port Kembla and Fremantle. Qube Stevedores also contributed to the effort providing stevedoring of the unit free of charge.
We would like to express our deepest sympathy to those in the disaster areas and sincerely wish for the earliest recovery from these most unfortunate events.
Please be advised that, “K” Line Tokyo Head Office, made the following press release today, please refer to the attached PDF file.
It is also available on our Web site both in English and Japanese.
On March 12, the “CENTURY HIGHWAY GREEN”, a car carrier fueled by LNG (liquefied natural gas) that had been under construction at Tadotsu Shipyard Co., Ltd., part of the Imabari Shipbuilding Group, has been delivered to “K” LINE.
She is a next-generation environmentally friendly vessel expected to reduce emissions of carbon dioxide (CO2), which is a greenhouse gas (GHG) by 25% to 30%(*1), emissions of sulfur oxides (SOx), which cause air pollution, by almost 100%, and emissions of nitrogen oxides (NOx) by 80% to 90% with the use of Exhaust Gas Recirculation (EGR) in addition to the use of LNG fuel, compared to conventional vessels using heavy fuel oil. The launch of “K” LINE’s first LNG-fueled car carrier realizing transportation with a low environmental impact is an important milestone for achieving the targets set forth in the “K” LINE Environmental Vision 2050(*2).
In addition, a remote naming ceremony was carried out on March 3, ahead of the vessel’s delivery. Four locations in Aichi, Kagawa, Okayama, and Tokyo were connected online, with attendees including Toyota Motor Corporation (head office: Toyota-city, Aichi; President and Representative Director: Akio Toyoda) Chairman and Representative Director Takeshi Uchiyamada and his wife, Ministry of Land, Infrastructure, Transport and Tourism Maritime Bureau Director-General Shinichiro Otsubo, Ministry of the Environment Chugoku-Shikoku Regional Environmental Office Director Kenji Kamita, Imabari Shipbuilding Co.,Ltd. President Yukito Higaki and “K” LINE President and Representative Director Yukikazu Myochin. The vessel was named by adding the word “GREEN” evoking images of harmony with the planet and the environment to the traditional name of “CENTURY HIGHWAY” that has been used in four of “K” LINE’s car carriers in the past.
The vessel utilizes a variety of environmental measures and digital technologies in an effort to improve safety, environment, and quality that are important issues for “K” LINE
Overview of the Vessel
Length of over all : 199.98 meters
Beam : 37.2 meters
Maximum number of cars loaded : 7,080 vehicles
Gross tonnage : 73,515 tons
LNG fuel tank capacity : 2,439 cubic meters
Registry : Japan
Please see <Related Links>.
In addition to residential area, Wi-Fi has been installed on the cargo deck and in the engine room and LNG fuel-related equipment compartment with the aim of improving efficiency of operations such as remote monitoring of the vessel interior.
Several web cameras have been installed on the cargo deck and in the engine room, enabling real-time monitoring via PC or mobile phone within the vessel via the on-board Wi-Fi. Recording is also possible, enabling monitoring of the conditions on board from land via the Internet.
On-board Wi-Fi can be used to share audio, video, text communication, and electronic files using smartphones and smart glasses, enabling the improvement of operational efficiency, reduction of workload, and strengthening of communication among crew members. These devices are also utilized for ship-to-shore audio and video communication.
The vessel is equipped with “ClassNK-CMAXS” made by Nippon Kaiji Kyokai as the generator status diagnostic system for preventing serious failures based on the early detection of engine anomalies.
(*1) Based on EEDI (Energy Efficiency Design Index), the vessel is expected to reduce CO2 by approximately 45% ,which is higher than Phase-3 target of more than 30% reduction applied for new vessels with contract date after 2025.
About EEDI : https://www.kline.co.jp/en/csr/environment/regulation.html
(*2) “K” LINE Environmental Vision 2050 is a long-term vision on the environment established by “K” LINE in 2015. It was revised in June 2020 to set the target of “improving CO2 emission efficiency by 50% compared to 2008” which exceeds the International Maritime Organization (IMO) target for 2030 of “40% improvement,” and “introduction of LNG-fueled vessels” was set forth as an action plan for achieving this.
(*3) The “International Code of Safety for Ships Using Gases or other Low-flashpoint Fuels” (IGF Code) established by the International Maritime Organization (IMO).
Today, “K” LINE’s car carrier “CENTURY HIGHWAY GREEN” completed by Tadotsu Shipyard Co., Ltd., the Imabari Shipbuilding Group, became the world’s first newly-built vessel to obtain Nippon Kaiji Kyokai (ClassNK) notation certifying that the ship is adapted for remote surveys(*1).
A remote survey uses digital technology on vessel to remotely perform the inspection surveys of facilities within a vessel that has previously been performed by a class inspector on site.
Use of the remote surveys will enable “K” LINE to perform inspections without being constrained by location, and also enables surveys to be conducted while lowering the risk of infection of the crew during the COVID-19 pandemic because it is not necessary to visit the vessel. It is expected that safe operation will be enhanced through the appropriate and timely implementation of surveys.
In February 2021, ClassNK published guidelines for appropriate operation of remote surveys using information and communication technology (ICT). The “Guidelines for Remote Surveys” (Ver. 2.0) summarizes the judgment standards for ensuring reliability equivalent to conventional witness surveys with transparency in the application of remote surveys. The guidelines also include class notation requirements for the vessel with reliable telecommunications equipment and is adapted for remote surveys.
CENTURY HIGHWAY GREEN has significantly enhanced on-board and ship-to-shore telecommunications equipment compared to conventional vessels and obtained the remote survey class notation in recognition of this point.
Examples of Enhanced Telecommunications Equipment
We are pleased to announce to establish a new department focusing on businesses and projects for carbon neutrality including renewable energy effective on April 1st, 2021.
The requirement of de-carbonization is rapidly growing in the world and it accelerates the expectation for business field of carbon neutrality, such as Renewable Energy projects including offshore wind, Carbon dioxide Capture, Utilization and Storage projects, Energy Transition projects (LNG value chain related) and Carbon Emission Trading.
For the purpose of proactively responding such needs, “K” Line will establish “Carbon Neutral Promotion Group” and facilitate business development for net-zero CO2 emission along with related parties and companies of “K” Line group.
“K” Line group will continue to contribute to people’s living and prosperity throughout the world as an integrated logistics company grown from shipping business, and aim at realizing a sustainable society.
Kawasaki Kisen Kaisha, Ltd. (hereafter, “the Company”) will account following dividends income on Non-Operating Income of non-consolidated financial results for the fiscal year ending March 31, 2021.
1) Outline of dividends
The Company will receive dividends of about 155 million U.S. Dollars from OCEAN NETWORK EXPRESS PTE. LTD., the affiliate company accounted with the equity method in the fourth quarter of the current fiscal year.
2) Impact on The Companyʼs business performance
The Company will account aforementioned dividends income on Non-Operating Income of non-consolidated financial results for the fiscal year ending March 31, 2021.
There will not be impact on consolidated financial results at the period, as it is dividends from the affiliate company accounted with the equity method.