"K" Line

We have been endeavoring to achieve safe navigation through strict alcohol management onboard. As a further step, we have started to install alcohol detector linked to smartphone, developed by the system development company “Pai-R Co., Ltd.,” to vessels under the management of “K” LINE group company in order to further strengthen management in our efforts to successfully achieve promotion of safe navigation.

An alcohol detector is connected to the smartphone to launch the dedicated application, then one blows into the detector. The face photo of subject being tested is automatically taken and sent to the cloud on shore via satellite communication along with the test result. This detection data is saved and managed by the shore server and can be accessed and confirmed by management on the vessel as well as in the shore office. In case alcohol is detected, an alert e-mail will be sent to the registered e-mail address that will enable monitoring the alcohol test onboard the vessel in real time.

With introduction of this system, we expect to have the advantage in further enhancement of  alcohol management and reduction in workload that will contribute to Work Style Reform　onboard our vessels compared to previous alcohol test methods such as using simple alcohol detectors and managing the record of test results by ship’s crew.

We will continue installing them from November 2019 with the target of having them installed in all our managed vessels during first half of year 2020.

“K” LINE is aiming to introduce new technology, improve our high-value-added transportation services and obtain the best possible satisfaction and reliability from our esteemed customers. We are dedicated to continuing to seek the best as well as the safest services through strong cooperation and alliances with multiple business partners across various and different fields.

Kawasaki Kisen Kaisha, Ltd. (“K”LINE) and FueLNG Pte Ltd.(*) (FueLNG) have concluded a ship management agreement for the 7,500CBM LNG-Bunkering Vessel (LBV) that FueLNG will own, operate and carry out all commercial operations.

The partnership will combine “K”LINE’s extensive ship management and LNG transportation experience with FueLNG’s LNG bunkering expertise, which includes more than 160 truck-to-ship LNG bunkering operations conducted to-date. This will provide a reliable, expedient and seamless bunkering process for FueLNG’s customers.

The LBV is expected to commence LNG-bunkering service in Singapore, one of world’s largest bunkering ports, in 2H2020 after delivery from Keppel Offshore & Marine’s shipyard where it is being built. This will be the first LNG Bunker Vessel providing ship-to-ship bunkering in Singapore.

In order for shipping companies to achieve increasingly stringent global regulations on greenhouse gas (GHG) emissions from ships, LNG as marine fuel is considered one of the primary alternative fuels to replace conventional heavy fuel oil for its characteristics to emit less GHG and other air pollutants.

“K” LINE Group will promote its effort to reduce GHG emissions in accordance with the “K” LINE Environmental Vision 2050, providing logistics services that are more environmentally low-loaded and highly efficient.

*FueLNG is a joint venture between Keppel Offshore & Marine and Shell Eastern Petroleum (Pte) Ltd and works to build a world-class LNG bunkering network and encourage the adoption of LNG as a marine fuel.

In December 2018, Kawasaki Kisen Kaisha, Ltd. (“K” Line) placed an order for a car carrier vessel fuelled by LNG (liquefied natural gas) with Imabari Shipbuilding Co., Ltd. as a next-generation car carrier vessel with reduced environmental load. Construction has been started and expected completion will be in the fall of 2020. The outline of the vessel is as follows:

Length Overall: about 199.9 meters

Width: about 37.2 meters

Maximum number of vehicles loadable: About 7,020

Gross Ton: about 73,800 tons

Country of Registry: Japan

Due to ever-increasing high environmental awareness, our study of LNG fuelled vessel has been accelerating. With the support of the “Model Project for Maximize Reduction of CO2 Emissions from LNG fueled Vessels” a joint project between the Ministry of the Environment and the Ministry of Land, Infrastructure, Transport and Tourism of Japan, came to materialization this year when our company marked the 100th Anniversary of its foundation.

In 2015, we formulated a long-term environmental management vision called the “K” LINE Environmental Vision 2050 “Securing the Blue Seas for Tomorrow,” with the aim of minimizing all environmental impacts generated by our business activities. In February 2016, we launched an environmental-friendly flagship called “Drive Green Highway,” a car carrier vessel with the next-generation environmental technologies such as state-of-the-art energy-saving technologies and SOx scrubbers (sulfur oxide purification equipment). In the Environmental Vision 2050, we have set the goal of “Reducing CO2 emissions by half” and “Replacing majority of energy currently consumed with new energy sources,” and this LNG-fuelled ship will be a next-generation environmental-friendly car carrier vessel for achieving these goals.

By building LNG-fuelled car carrier vessels, we are actively responding to a wide variety of transportation needs from customers both domestic and overseas, while responding to the growing need for environmental friendliness, and contribute to a sustainable society through high-quality transportation.

(Note) LNG fuel reduces CO2 emissions by about 25 to 30%, sulfur oxides by 100%, nitrogen oxides by about 80 to 90%, respectively, compared with conventional fuel oil. It is attracting attention as a potential alternative fuel with less environmental load.

• “K” line Group is promoting activities that contribute to SDGs (Sustainable Development Goals), and this project is a part of its ongoing activities.

Kawasaki Kisen Kaisha, Ltd. is pleased to announce that construction contract for 210,000-dwt Bulk Carrier to be completed in 2021 fiscal year has been made with Japan Marine United Corporation.

After delivery from the yard, the vessel will be put into a consecutive voyage as per contract signed with JFE Steel and will be engaged in iron ore and coal transportation.

The main features of this vessel will comply with NOx emission regulations (Tier III) and be  equipped with SOx scrubber that removes SOx from the exhaust gas for complying with SOx emission regulations that will be enforced worldwide from January 2020. This vessel is also an energy-saving type that achieves both increased cargo weight and reduced fuel consumption compared to conventional ships. In addition, she is a state-of-the-art vessel that meets the EEDI (Energy Efficiency Design Index), which is a GHG (Greenhouse Gas) emission regulation, taking into consideration the Phase 2 level applied to contracted vessels after 2020.

Our Coal & Iron Ore Carrier Group fleet is dedicated to responding flexibly and proactively to customer needs for environmental responses that are expected to expand in the future, while also strengthening our efforts to successfully achieve GHG reduction targets in our “K” LINE Environmental Vision 2050 as well as IMO.

Vessel Particulars (All figures are approximate)

LOA                :        299.99M

Width             :        50.00M

Depth             :        25.00M

Draft               :        18.40M

Deadweight   :        211,000T

Gross Ton      :        108,900

“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 100^th 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

OCTOBER 31^st, 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/

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

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.

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.

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.