"K" Line

Central LNG Shipping Japan Corporation (Hereinafter: CLS), a joint venture established by Kawasaki Kisen Kaisha, Ltd., Chubu Electric Power Co., Inc., Toyota Tsusho Corporation, and Nippon Yusen Kabushiki Kaisha, announces that CLS has ordered an LNG Bunkering Vessel (Hereinafter: LBV) from Kawasaki Heavy Industries, Ltd. today. The LBV, which is scheduled to be delivered around September to December 2020, will become the first to be operated in Japan.

The four companies jointly established CLS and Central LNG Marine Fuel Japan Corporation (Hereinafter: CLMF) in May of this year to launch the LNG Bunkering Business in the Chubu (central) region of Japan. The LBV will be owned and managed by CLS, and LNG will be supplied to end-users through CLMF.

Principal Particulars of LBV

LNG cargo tank capacity  : 3,500 m³

Gross tonnage : 4,100 tons

Length overall  : 81.7 m

Breadth  : 18.0 m

Delivery : Sept. – Dec. 2020

Shipyard  : Kawasaki Heavy Industries, Ltd.

Award Ceremony held for “K” Line Group Environmental Awards 2018 on June 5, 2018.

The awards were established to honor and give recognition to outstanding environmental-preservation-contributive activities addressed by executives and employees working throughout the “K” LINE Group pursuant to the direction developed in “K” LINE Environmental Vision 2050. This year, which marked the 4^th time since establishment of the awards in 2015, we also accepted many entries from our group companies both in Japan and overseas. Activities of six companies and one volunteer group — one for “Grand Award” and six for “Excellence Award” — were selected from such standpoints as “originality,” “challenge level,” “degree of contribution,” “continuity” and “potential for pervasiveness” with representatives from these companies and group receiving the awards from our President and CEO, Eizo Murakami.

In addition to these existing awards, we newly established a “Sustainability Award” this year. This additional award was created to recognize companies or groups which aggressively engage in environmental activities under the principle of “K” LINE Group’s Environmental Promotion System: DRIVE GREEN NETWORK (DGN) that was started last year, and we selected two companies this year.

The “K” LINE Group will continue to broadly share environmental preservation activities addressed within respective Group companies in order that we can further advance dissemination and enlightenment of environmental preservation activities as an entire Group effort through “K” Line Group Environmental Awards. Through this emphasis on continuing to aggressively contribute to environmental preservation and biodiversity protection, we should successfully accomplish our mission, i.e., “Passing down a sustainable society and this blue and beautiful ocean to the next generation” expressed in “K” LINE Environmental Vision 2050.

Awardees of the “K” Line Group Environmental Awards are as follows:

Grand Award

• CO2 and cost reduction utilizing truck carrier

1. “K” Line Mobaru Diamond Indonesia (KMDI)

KMDI developed a carrier car (truck carrier) which was able to load four small trucks in tandem with its client, PT Hino Motors Manufacturing Indonesia (HMMI) and has been in operation since February 2017. HMMI used to consign trucks (products) at the factory and since many of these traveled on their own, it was concerned about troubles such as damage during transportation. By developing the truck carrier, KMDI succeeded in decreasing the number of vehicles running on a road and that realized, combined with improvement of transport quality, reduction of fuel consumption. Furthermore, thanks to the cooperation of PT. Hino Motors Sales Indonesia (HMSI) that is a truck dealer, the carrier has been used for domestic long-distance delivery in their business.

Excellence Award (6) (in random order)

• Shore power utilization for offshore support ships

K Line Offshore AS

• Waste reduction and subsequent freight transport increase by selling waste materials

K Line Container Service (Thailand) Ltd.

• Prevention of marine pollution with rust by scatter control and effective rinsing of tug-boats

Daito Corporation

• Training and creating environmental awareness amongst crews

“K” Line Ship Management (Singapore) Pte Ltd.

• Environmental preservation activities in Bacolod City, Bohol Island and Manila Bay

Veritas Maritime Corporation

• Sato-yama preservation activities at Sarumachi-zuka, the “K” Line’s forest

“K” LINE Satoyama Club

Sustainability Award (2) (in random order)

• Seagate Corporation
• Nitto Total Logistics Ltd.

We are pleased to advise that “K” LINE and some of its group companies recently acquired a “Statement of Conformity[i] ” for our environmental system, “DRIVE GREEN NETWORK,” (hereinafter referred to as “DGN”) for pushing forward group-wide environmental management in consequence of a conformity audit by a third-party institution (DNV-GL[ii]).

“DGN” was started in June 2017[iii] for continually improving environmental preservation activities while promoting the PDCA cycle function and ensuring environmental compliance throughout the entire “K” LINE Group. We strive for realization of a sustainable society as an entire group through individual efforts of each company in identifying and addressing environmental issues in their daily operations.

“DGN” had been introduced to the entire “K” LINE Group in three phases, and the scope of application of the Statement of Conformity this time is for 15 companies (14 companies in Japan including “K” LINE and one overseas affiliate). In 2018, the year of Phase 2, “DGN” is intended for all remaining targeted companies in Japan and some overseas targeted companies; and in 2019, which marks the centennial of the foundation of the company, it will be introduced to all group companies including overseas affiliates.

The project name, “DRIVE GREEN NETWORK” is assigned in the hope of carrying out the ambition of “getting one step ahead toward the future” of DRIVE GREEN HIGHWAY[iv], our next-generation eco-friendly flagship which was completed and entered service in 2016.

The “K” LINE Group is proceeding with environmental actions toward the goal which is set in our long-time environmental principle, “K” LINE Environmental Vision 2050 — Securing Blue Seas for Tomorrow —[v]”. As an environmental front-runner, we continue to work to realize the business that enables more people around the world to enjoy lower-load and highly efficient maritime shipping.

[i] DGN-GL: a company based in Oslo, Norway and mainly provides services such as various verifications, technical consultation, and vessel inspection in Japan.

https://www.dnvgl.us/about/index.html

[ii] Statement of Conformity: a certificate for stating that it was proved that the DGN activities addressed by all targeted companies are being implemented in accordance with the DGN manual

[iii] For details of [DGN” was started in June 2017], please see:

https://www.kline.co.jp/en/news/other/other-3846661036698582525.html

[iv] For details of DRIVE GREEN HIGHWAY, please see:

https://www.kline.co.jp/en/feature02.html

[v] For details of “K” LINE Environmental Vision 2050 — Securing Blue Seas for Tomorrow —, please see: https://www.kline.co.jp/en/news/other/other2292932378768149328.html

May 11, 2018

“K” Line car carrier department launches a new website for customers using our complete car and RORO cargo transport services.

This new website provides a menu with three easily-accessible and convenient tools for customers using our transport services: cargo tracking, schedule viewing, rate requesting.

Please visit our new customer website from the URL shown below.

“K” LINE GLOBAL RORO SERVICE WEBSITE

http://www.klineglobalroro.com/index.html

・Financial Highlights for FY2017

https://www.kline.co.jp/en/news/ir/ir8215338389570244720/main/0/link/20180427_E150-4.pdf

・Notice of Differences from Previously Announced Forecast of Financial Results

https://www.kline.co.jp/en/news/ir/auto_20180426420660/pdfFile.pdf

Kawasaki Kisen Kaisha, Ltd. (“K” Line) launches redesigned website April 2, 2018.

“K” Line has reviewed and revised overall contents of its website by this renewal. In particular, the investors pages were enriched and new image banners introduced in order to help viewers more easily understand the “K” Line organization.

We view our “K” Line website as a crucial communication tool and remain committed to enhancing its content and continuously improving its ease of use. We thank you for your support and look forward to your continued use of our “K” Line website.

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