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"K" Line

New “K” Line LNG Carrier for Ichthys LNG Project Named “PACIFIC BREEZE”

September 6, 2017 by
170901 Pacific Breeze Naming Ceremony

Naming Ceremony for “PACIFIC BREEZE”

Kawasaki Kisen Kaisha, Ltd. (“K” Line) held naming ceremony for the newly-built liquefied natural gas (LNG) carrier at Sakaide Shipyard of Kawasaki Heavy Industries, Ltd. (KHI).

The new vessel was given her name “PACIFIC BREEZE” by Mr. Jeng-Zen Fang, Vice President of CPC Corporation, Taiwan (CPC).

Designed by KHI,　PACIFIC BREEZE is the largest Moss-type LNG carrier. She is also the first Moss-type LNG carrier equipped with the Tri-Fuel Diesel (TFD) Propulsion System which accomplishes low fuel consumption together with bringing environmentally friendly conditions.

“PACIFIC BREEZE” will be time-chartered by IT Marine Transport Pte. Ltd., a joint-venture company between INPEX Corporation and TOTAL S.A., and consigned to CPC and will be carrying LNG from the Ichthys LNG Project in Darwin, Australia to Taiwan after her delivery.

 

Main Particulars of the vessel

Owner Pacific Breeze LNG Transport S.A.
Charter IT Marine Transport Pte. Ltd.
Shipyard Kawasaki Heavy Industries, Ltd. (Sakaide Shipyard)
LOA abt. 289.3m
Beam abt. 52.0m
Tank Type / Tank Capacity Moss / abt.182,000m3
Propulsion System TFD (Tri-Fuel Diesel)

 

Filed Under: "K" Line

KL Sandefjord – First Offshore Vessel with DNV GL’s “Shore Power” Class Notation

August 31, 2017 by

170831 KL Sandlefjord

Kawasaki Kisen Kaisha, Ltd – August 31, 2017

The offshore vessel “KL Sandefjord” owned by K Line Offshore AS being a 100% subsidiary of Kawasaki Kisen Kaisha, Ltd (“K” Line), is the first offshore vessel with the DNV GL class notation “Shore power”. The “Shore power” notation, verifies the design and installation of a vessel’s on-board electrical shore connection. When in port, the vessel can shut down its engines and rely on a shore based electrical supply for its needs at berth – so called “cold ironing”.

“We are very pleased to receive this notation for our large and powerful anchor handler KL Sandefjord, which reflects our commitment to ensure a cleaner port environment and a more pleasant shipboard for our crew when berthing,” says Espen Sørensen, Senior Vice President, Operation and Technical in K Line Offshore AS. “With an on-board shore power installation tested and verified by DNV GL, we now have an offshore vessel equipped for the future. And as result of the good cooperation we have enjoyed with the Bergen Port Authority and DNV GL during this process, we have also decided to apply for the Shore power class notation for the sister vessel, KL Saltfjord.”

By tapping into an onshore electrical supply, vessels not only reduce their fuel consumption, but they also eliminate the associated emissions. This will have a marked improvement on the air quality in the port and surrounding environment, cutting PPM, NOx, SOx and reducing CO2, through the use of more efficient shore based electricity. In combination with renewable energy sources, it can even result in zero emission operation for the duration of a vessel’s stay in port. On top of which it can free the engines for maintenance, and reduces wear and tear, and noise.

“There is an increasing awareness of the impact of shipping emissions in ports and this is driving investments in cold ironing,” says Jon Rysst, Senior Vice President and Regional Manager North Europe, DNV GL. “This is leading to ports both requiring and incentivizing the use of alternative marine power. In Norway, where KL Sandefjord operates, for example, many ports are also offering a discount for ships with shore power installation. As access expands, alongside the rise of fully electric and hybrid vessels, cold ironing could soon become standard procedure in many ports around the world – with a noticeable positive impact on air quality.”

The DNV GL electrical shore connection class rules cover safety requirements for a vessel’s on-board electrical shore connection. The Shore power notation ensures a safe and efficient way of performing the connection and disconnection of shore power by verifying and checking the total system of the electrical shore connection, verifying compatibility between ship and port and provide recommendations for a well-defined future proof technical solution.

Filed Under: "K" Line

“K”Line Group Introduces Its Own Environmental Management Promotion System – “DRIVE GREEN NETWORK”

August 7, 2017 by

August 4, 2017 – Kawasaki Kisen Kaisha, Ltd :  “K”Line Group recently established the “DRIVE GREEN NETWORK” (“DGN”) to promote its environmental management throughout the entire “K” Line Group and has started implementing its operations.

DGN is a system for strengthening our environmental management, setting environmental policies and targets that encourage their achievement through the efforts being conducted by each Group Company with internal audits, etc., and that aims to continuously improve environmental conservation activities through the PDCA cycle (Note 1) while ensuring environmental compliance throughout the entire“K”Line Group.

Schedule

2017

June       : Started Phase 1

(Domestic companies that are ready for environmental management systems.)

October   : Annual review at Group Environmental Conference

November : Acquisition of SOC (Statement of Conformity) from third party certification body.

2018

April       : Start Phase 2

(Full-scale operation by all targeted companies in Japan. In addition, some overseas group

companies are also planning to implement them.)

 

This name embodies the wishes of our environmental flagship “DRIVE GREEN HIGHWAY” (Note 2) completed in 2016, that we will inherit the ambition to take preemptive actions for the future.

“K”Line Group is promoting environmental measures based on “K” LINE Environmental Vision 2050 (Note 3) that is the Group’s long-term environment management vision toward 2050. As an environmental front runner, we will continue to aim for the realization of being a business that enables a greater number of people around the world to enjoy the advantage of marine transportation characterized by a lower environmental load and higher efficiency.

 

(Note 1) the PDCA cycle: Separating processes into Plan, Do, Check and Act.

Following this PDCA cycle is one management method to continuously improve business activities.

 

(Note 2) “DRIVE GREEN HIGHWAY”: Please refer to this link http://www.kline.co.jp/en/csr/environment/airpolution.html

 

(Note3) “K” LINE Environmental Vision 2050 – Navigating for Sustainability Leading

to a Brighter Future: Please refer to this link http://www.kline.co.jp/en/news/detail/1202375_1997.html

Filed Under: "K" Line

“K” Line Change of Executive Officers

July 31, 2017 by

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has decided on changes of Executive Officers.

  1. Changes of Executive Officers.

(1) Retirement scheduled for September 30, 2017

Present Position
Name
After Retirement (scheduled for October 1, 2017)
Managing Executive Officer Nobuo Ishida Ocean Network Express (North America) Inc.(Tentative Name)

 

(2) Promotion of Executive Officers as of October 1, 2017

New Position
Name
Present Position
Managing Executive Officer Daisuke Arai Executive Officer

 

Title
Name
Responsibilities
President & CEO Eizo Murakami
Senior Managing Executive Officer Toshiyuki Suzuki Responsible for Containerships, Car Carriers, Port Business, Logistics, Affiliated Business Promotion Unit
Senior Managing Executive Officer Hiromichi Aoki Responsible for Dry and Liquid Bulk Carriers Unit
Senior Managing Executive Officer Tsuyoshi Yamauchi Responsible for General Affairs, Legal, Corporate Legal Risk & Compliance, Human Resources, Corporate Planning, Research, Project Office for Containerships and Terminal Business Unit, Assistance to Internal Audit, CCO(Chief Compliance Officer)
Senior Managing Executive Officer Eiji Kadono Responsible for Marine Sector, Advanced Technology, Ship Technical and Environmental Affairs Unit
Senior Managing Executive Officer Harusato Nihei Responsible for Finance, Accounting, IR&PR Unit,

CFO(Chief Financial Officer)
Managing Executive Officer Kazuhiko Harigai In charge of LNG, Thermal Coal, Liquefied Gas New Business Division
Managing Executive Officer Atsuo Asano In charge of Drybulk Business
Managing Executive Officer Yukio Toriyama In charge of Accounting, Finance, IR&PR
Managing Executive Officer Kenji Sakamoto In charge of Car Carrier Business
Managing Executive Officer Yasunari Sonobe President of “K” LINE AMERICA, INC.
Managing Executive Officer Yutaka Nakagawa Managing Director of K LINE (THAILAND) LTD.
Managing Executive Officer Akira Misaki Managing Director of “K” LINE (EUROPE) LIMITED
Managing Executive Officer Kunihiko Arai Managing Director of K LINE (CHINA) LTD., Managing Director of “K” LINE (HONG KONG) LIMITED
Managing Executive Officer Yukikazu Myochin In charge of Human Resources, Corporate Planning, Research, Project Office for Containerships and Terminal Business

Assistance to Containerships Business, Port Business,

Logistics, Affiliated Business Promotion
Managing Executive Officer Shuzo Kawano Responsible for Information System Unit, CIO(Chief Information Officer), CEO of “K” Line Business Systems, Ltd.
Managing Executive Officer Daisuke Arai In charge of Containerships Business, Port Business,

Logistics, Affiliated Business Promotion
Executive Officer Makoto Arai In charge of Legal, Corporate Legal Risk & Compliance
Executive Officer Kiyotaka Aya In charge of Marine Sector
Executive Officer Shingo Kogure In charge of General Affairs, CSR
Executive Officer Toyohisa Nakano In charge of Ship Technical and Environmental Affairs, General Manager of Ship Technical Group
Executive Officer Nobuyuki Yokoyama Assistance to Car Carrier Business
Executive Officer Tomoyuki Okawa In charge of Tankers, General Manager of Energy & Off-Shore Business Planning Group
Filed Under: "K" Line

“K” Line Announce Financial Highlights for 1st quarter FY2017

July 31, 2017 by

July 31, 2017

Kawasaki Kisen Kaisha, Ltd.

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

・Financial Highlights for 1st quarter FY2017 –  Click here

・Forecast for the Interim and Year-end Dividends for the Fiscal Year ending March 31, 2018 – Click here

This information can also be accessed via the website: http://www.kline.co.jp/en/

 

Filed Under: "K" Line

“K” Line Selected for FTSE4Good Global Index 15th Consecutive Year & New ESG Indices

July 13, 2017 by

 

12th July 2017  :  Kawasaki Kisen Kaisha, Ltd. (“K” Line) has been selected again as a constituent of the FTSE4Good Global Index, one of the leading global indices for Socially Responsible Investment (SRI) (*1), for the 15th consecutive year since its initial inclusion in 2003.

FTSE4Good Global Index is an index developed by FTSE Russell (*2), whose constituents are selected by measuring their performance in terms of management and information disclosure utilizing globally-recognized Environmental, Social and Governance (ESG) standards (Japanese companies number 148 out of 883 global companies). The index is a leading indicator used by investors who place importance on corporate social responsibility and sustainability.

In addition, we were also selected as a constituent of the FTSE Blossom Japan Index which reflects the performance of Japanese companies that demonstrate strong ESG practices (151 companies selected), and MSCI(*3) Japan Empowering Women Index (WIN) which is constituted of companies that promote and maintain higher levels of gender diversity in individual industry sector (212 companies selected). These indices are adopted as a benchmark of ESG investment by Government Pension Investment Fund (GPIF).

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 ESG initiatives and contribute to sustainable progress of the society.

*1 SRI (Socially Responsible Investment) describes an investment strategy which takes account of enterprises’ social, ethical and environmental aspects as well as financial performance.

*2 FTSE Russell is owned by London Stock Exchange Group, an index company offering indexing and analytical solutions worldwide.

*3 MSCI is listed on New York Stock Exchange, a provider of investment decision support tools worldwide.

Filed Under: "K" Line

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has decided on changes of Executive Officers.

July 10, 2017 by

10th July 2017

  1. Changes of Executive Officers.
    (1) Retirement scheduled for September 30, 2017
Present Position Name New Position(effective October 1, 2017)
Executive Officer Takafumi Kido Representative Director/President, Ocean Network Express Japan, Ltd.

 

  1. Responsibilities of Executive Officers on and after October 1, 2017

The responsibilities of Executive Officers scheduled on and after October 1, 2017 to be notified

Filed Under: "K" Line

New LPG Carrier “CRYSTAL RIVER” to serve Astomos Energy Corporation

July 10, 2017 by

7th July 2017

Kawasaki Kisen Kaisha, Ltd. (“K” Line) held a naming ceremony for the newly-built, very large liquefied petroleum gas (LPG) carrier for Astomos Energy Corporation (Astomos Energy) at Sakaide Shipyard of Kawasaki Heavy Industries, Ltd. on July 6, 2017.

The new vessel was given her name “CRYSTAL RIVER” by Mr. Osamu Masuda, President of Astomos Energy. The name was given with our hope that she will “crystalize” our ambition and promise to always provide safe navigation, and our wish for the prosperity of her voyages in the ever-growing seaborne LPG trading.

CRYSTAL RIVER will commence her service to Astomos Energy under a memorial first-ever time charter contract directly concluded between the two companies upon her delivery from the shipyard, which is expected to be on July 14, 2017.

 

Main Particulars of the Vessel:

LOA 299.90 m Tank Capacity 82,200 m3
Beam 37.20 m Gross Ton 46,793 tons
Depth 21.00 m Flag Panama
Draft 11.20 m Class ABS
Filed Under: "K" Line

Honored as “Ship of the Year 2016” – “K” Line’s Next-Generation Eco-Friendly Flagship

July 10, 2017 by

7th July 2017

“DRIVE GREEN HIGHWAY,” a 7,500RT large-scale car carrier operated by Kawasaki Kisen Kaisha, Ltd. (hereinafter “’K’ Line”), has been selected as recipient of the grand award of “Ship of the Year 2016” by the Japan Society of Naval Architects and Ocean Engineers. The award ceremony was held on July 7.

“Ship of the Year” has been annually awarded to the most technically, artistically and socially conscious vessel built in Japan. The award was established in 1990 and this year is the 27th anniversary.

The eco-flagship, “DRIVE GREEN HIGHWAY,” was built in recognition of our role to help lead the maritime industry in facing environmental issues, such as marine & air pollution, ecosystem protection and global heating. Sulfur oxide (SOx) and nitrogen oxide (NOx) are recognized as major causes of acid rain, and carbon dioxide (CO2) as cause of global heating. “DRIVE GREEN HIGHWAY” is equipped with innovative technologies that contribute to reduction of air pollutant emissions. (*1)

“DRIVE GREEN HIGHWAY” was honored not only for its advanced equipment ahead of international regulations that will become effective, but also for its outstanding contribution to the maritime industry. On February 2, soon after delivery of the vessel, an unveiling party and onboard tour for the public were held at Osanbashi International Passenger Terminal in Yokohama. The ceremony was reported in and outside of Japan, receiving broad national international attention. (*2)

The construction of “DRIVE GREEN HIGHWAY” is a key milestone toward the goals set in our “Environmental Vision 2050.” We also place a high value on ESG (Environment, Social & Safety and Governance) in our new medium-term management plan as well.

Going forward, “K” Line will continue to pursue diverse environmental protection initiatives, including the development of measures to prevent air pollution, in order to help curb increasingly heavy environmental loads on a global scale.

Filed Under: "K" Line

Notice of Establishment of Holding Company and Operating Company for New Integrated Container Shipping Business

July 10, 2017 by

7th July 2017

For the integration of their container shipping businesses, including worldwide terminal operation businesses outside Japan, Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines, Ltd., and Nippon Yusen Kabushiki Kaisha have announced the establishment of the below holding company and operating company.

Overview of New Companies

(1) Holding Company

Tradename :  Ocean Network Express Holdings, Ltd.

Location  :  Tokyo

Date of Establishment   :  July 7, 2017

(2) Operating Company

Tradename  :   Ocean Network Express Pte. Ltd.

Location  :  Singapore

Date of Establishment   :  July 7, 2017

Further details will be provided on July 10, 2017.

Kawasaki Kisen Kaisha, Ltd.  –  Eizo Murakami, President & CEO

Mitsui O.S.K. Lines, Ltd.  –  Junichiro Ikeda, President & CEO

Nippon Yusen Kabushiki Kaisha  –  Tadaaki Naito, President

Filed Under: "K" Line
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