Communications are the press relations consultancy for the Shipping and logistics industry
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.
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.
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
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 :
Kawasaki Kisen Kaisha, Ltd. (“K” Line) has been selected again as an Asia Pacific Index component of the Dow Jones Sustainability Indices (DJSI), one of the leading global indices for ESG investing (*), for the 9th consecutive year since 2011.
DJSI, jointly operated by S&P Dow Jones Indices LLC of the United States and Robeco SAM AG of Switzerland, measures the performance of companies in terms of economic, environmental and social criteria, through a corporate sustainability assessment, and only includes companies with remarkable performance. Among those indices, Asia Pacific Index selects 148 companies in the Asia-Pacific developed region (including 76 Japanese companies) as components, as a result of sustainability assessment of 600 largest companies in the region. Launched in 1999, DSJI is one of the first global sustainability benchmarks for investors which integrate sustainability consideration into their portfolios.
We have raised ESG as one of the important initiatives in our medium-term management plan. We will continue striving to fulfill our social responsibility through our business activities and contribute to sustainable progress of the society.
*ESG investing describes an investment strategy which takes account of enterprises’ social, ethical and environmental aspects as well as financial performance.
Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called “K” Line) is proud to announce the delivery of “CORONA CITRUS,” an 88,000 DWT-type special coal carrier at Marugame Headquarters of Imabari Shipbuilding Co., Ltd. on 11 September 2019. The “Corona-series” consists of epoch-making coal carriers equipped with wide beam and shallow draft, which are the most suitable type to enter ports of Japanese Thermal Power Stations to discharge cargo.
CORONA CITRUS is equipped with WAD (Weather Adapted Duct) in front of the propeller which promotes her propeller efficiency and Hybrid Fin behind the propeller which accelerates energy savings. She also has the latest ecological technology such as ballast water management system which protects marine ecosystems, and SOx Scrubber which eliminates sulfur oxides from exhaust gas of engine and enables her to comply with the Global regulation of SOx starting from January, 2020.
CORONA CITRUS will be principally involved in carrying thermal coal to Thermal Power Plants for Electric Power Development Co., Ltd.
Vessel’s Specifications
LOA – 229.98 M
Beam – 38.00 M
Depth – 19.90 M
Full Draft – 13.904 M
Deadweight Tons – 88,703 MT
Gross Tons – 49,888 T
Net Tons – 28,505 T
Hold / Hatch – 5/5
In order to cooperate with project “Zero Emission Tokyo” (note 1) which aims for not emitting CO2 that is being tackled by Tokyo Metropolitan Government (TMG), on Sept. 6, “K” Line offered 3,628 tons of CO2 reduction credit which is based on the “Tokyo Cap-and-Trade Program” (note 2) as a donation to TMG. Please see website of TMG’s Environment Bureau (note 3) for details about the project.
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 4). 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” for rise of global temperature and obtained certification (note 5).
In addition, we started activities for promoting the environmental management system “DRIVE GREEN NETWORK (DGN)” (note 6) 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) A vision set out by Tokyo Metropolitan Government (TMG): “Zero Emission Tokyo” which aims to make Tokyo a city that does NOT emit CO2 substantially in 2050 by following up 1.5℃ IPCC special report.
(note 2) A program that TMG imposes a duty to reduce CO2 emission below their own requirement for major-scale businesses (which usage of fuel, heat and electricity calculated as crude oil is more than 1,500 KL per year); giving them permission to make a deal with others by credits which reduce CO2 more than the amount of their duty.
(note 3) Website: Bureau of Environment Tokyo Metropolitan Government
http://www.kankyo.metro.tokyo.jp/en/climate/index.html
(note 4) ”K” LINE Environmental Vision 2050 – Securing Blue Seas for Tomorrow-：CO2 emission by 50% for 2050 as one of the goals
https://www.kline.co.jp/en/news/other/other2292932378768149328.html
(note 5) “K” Line’s CO2 Reduction Target Certified as “Science Based Target (SBT)”（News Release: Feb. 14, 2017）
https://www.kline.co.jp/en/news/other/other6417039574512811908.html
(note 6) DGN: “K” LINE REPORT 2018 P.38 (*2019 version is coming soon)
TOYOTA MARU No.10, which was owned and operated by Kawasaki Kisen Kaisha, Ltd. (“K” LINE), has been selected by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE) through their “Ship Heritage” project in recognition of it having been Japan’s first Pure Car Carrier (PCC). JASNAOE first introduced the “Ship Heritage” project in 2017 with the goal of honoring and giving recognition to vessels and vessel-related items that have historical, academic and/or technical value, as well as promoting public recognition of their being viewed as symbols of cultural heritage to be passed along to future generations. TOYOTA MARU No.10, which was built by Kobe Works of Kawasaki Heavy Industries, Ltd., and launched on July 9, 1970, was Japan’s first Pure Car Carrier (PCC) designed exclusively for the ocean transport of completed cars. As an integral part of its concept & design, cargo damage was largely eliminated, and a dramatic improvement in service quality was realized by avoiding delays in schedule due to the waiting time for return cargo or weather, for which TOYOTA MARU No.10 has been recognized as the pioneer of PCC in the shipping industry, “K” LINE has optimized its fleet and focused on technological innovation while working to achieve the highest level of safety in navigation and prevention of damage to goods during transport to meet the rapidly changing needs of global automobile markets. We remain committed to providing services tailored to customer needs around the world in the future.
Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called “K” Line) is proud to announce the delivery of “CORONA DYNAMIC,” a 91,000 DWT-type special coal carrier at Oshima Shipbuilding Co., Ltd. on July 11, 2019.
CORONA DYNAMIC is same type as “K” Line’s specialized fleet for transport of thermal coal known as the “Corona-series.” The Corona-series consists of epoch-making coal carriers equipped with wide beam and shallow draft, which are the most suitable type to enter ports of Japanese Thermal Power Stations to discharge cargo.
CORONA DYNAMIC is equipped with latest energy-saving and ecological technology such as Advanced Flipper Fins and Rudder Bulb which promote her propeller efficiency as well as ballast water management system which saves marine ecosystem.
CORONA DYNAMIC will be principally involved in long-term service carrying thermal coal to Hokuriku Electric Power Company’s Thermal Power Plant.
| Vessel’s Specifications | |||
| LOA | 234.99 M | Deadweight Tons | 91,881 MT |
| Beam | 43.00 M | Gross Tons | 52,128 T |
| Depth | 18.40 M | Net Tons | 28,945 T |
| Full Draft | 12.885 M | Hold/Hatch | 5/5 |
Kawasaki Kisen Kaisha, Ltd. (“K” Line) has been selected again as a constituent of the “FTSE4Good Index Series”, one of the leading global indices for ESG investing (*), for the 17th consecutive year since its initial inclusion in 2003 and “FTSE Blossom Japan Index” for three consecutive years since 2017.
FTSEFTSE4Good Global Index is an index developed by FTSE Russell, wholly owned subsidiary of London Stock Exchange Group, whose constituents are selected by measuring their performance in terms of management and information disclosure utilizing globally-recognized Environmental, Social and Governance (ESG) standards (1,034 companies selected world-wide, including 175 Japanese companies). FTSE Blossom Japan Index reflects the performance of Japanese companies that demonstrate strong ESG practices (179 companies selected). This index has been adopted as a benchmark of ESG investing by Government Pension Investment Fund (GPIF) in Japan. 4Good Global Index is an index developed by FTSE Russell, wholly owned subsidiary of London Stock Exchange Group, whose constituents are selected by measuring their performance in terms of management and information disclosure utilizing globally-recognized Environmental, Social and Governance (ESG) standards (1,034 companies selected world-wide, including 175 Japanese companies). FTSE Blossom Japan Index reflects the performance of Japanese companies that demonstrate strong ESG practices (179 companies selected). This index has been adopted as a benchmark of ESG investing by Government Pension Investment Fund (GPIF) in Japan.
In addition, we have also been selected as a constituent of the “MSCI Japan Empowering Women Index” (WIN, 224 companies selected) and “S&P/JPX Carbon Efficient Index (1,733 companies selected). Those indices have also been adopted by GPIF as a benchmark of ESG investing.
We have raised ESG as one of the important initiatives in our medium-term management plan. We will continue striving to fulfill our social responsibility through our business activities and contribute to sustainable progress of the society.
*ESG investing describes an investment strategy which takes account of enterprises’ social, ethical and environmental aspects as well as financial performance.