"K" Line

30 April 2015

Please be advised that “K” Line has released the following press statements today, which are available to download as PDF documents:

Financial Highlights for FY2014

http://www.kline.co.jp/en/ir/library/bs/__icsFiles/afieldfile/2015/04/30/fh2014_con_e.pdf

・Payment of Dividends

http://www.kline.co.jp/en/ir/stock/disclose/detail/__icsFiles/afieldfile/2015/04/30/PaymentofDividends.pdf

April 30, 2015

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has decided following changes in its board meeting held today, subject to approval at the Ordinary General Meeting of Shareholders on June 24, 2015.

April 21, 2015

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has today announced that it has provided free ocean transportation of two used fire engines donated by the Japan Firefighters Association to Republic of El Salvador.

The free transportation is at the request of Ms. Martha Lidia Zelayandia, Ambassador of El Salvador to Japan, for supporting ocean transportation of these vehicles to El Salvador, where there has long been a shortage of fire engines.

Since their appointment as Honorary Consul of El Salvador in 1969, “K” Line decided to continue the tradition of free transportation of ambulances and fire engines, such as those donated by Fujisawa City, Kanagawa Prefecture in 2014 –http://www.kline.co.jp/csr/news/detail/1201701_1694.html）.

On Thursday April 16, with the cooperation of Daito Corporation, an affiliate company of “K” Line, the vehicles were loaded onto “K” Line’s pure car carrier (PCC) at Yokohama and they will arrive at the port of Acajutla, El Salvador in early May.

“K” Line hopes it may continue to contribute to the reinforcement of firefighting operations in El Salvador.

07 April 2015

KAWASAKI KISEN KAISHA, LTD. (“K” Line) is pleased to announce new Asian Feeder  services to enhance our service network between China and Straits and also between Singapore and Bangladesh. “K”Line continue to offer stable and value-added services with varied network.

Details of the service are as follows:-

CSE (China Straits Express)

• Vessel Deployment:  Four (4) x 2500 TEU type vessel
• Port Rotation: Qingdao – Shanghai – Ningbo – Laem Chabang – Singapore – Port Kelang – Laem Chabang – Ho Chi Minh – Xiamen – Qingdao
• Commencement Date:

SB: 27th of April 2015 ETA Qingdao

NB: 3rd of May 2015 ETA Singapore

BGX (Bangladesh Express)

• Vessel Deployment:  Total Six (6) x 1700 TEU type vessel – Two (2) vessels in each weekly Three (3) sailings

• Port Rotation:   Tuesday ETD SIN sailing :     Singapore – Chittagong – Singapore        Thursday/Saturday ETD SIN sailing:  Singapore – Port Kelang – Chittagong – Singapore

07 April 2015

Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called “K” Line) is proud to announce the delivery of “CORONA TRITON,” an 88,000 DWT-type special coal carrier at Marugame Shipyard of Imabari Shipbuilding Co., Ltd., Japan on April 7, 2015.

CORONA TRITON 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 domestic Thermal Power Stations to discharge cargo.

With this new latest deployment, the Corona-series now consists of 18 carriers. “K” Line takes pride that its Corona-series has been so favorably evaluated for always ensuring customers steady and reliable thermal coal transport service with maximum safety.

March 17, 2015

As an integrated logistics company grown from the shipping business, “K” Line is pleased to introduce “K” Line Environmental Vision 2050. This is a long-term environmental management vision for the global environmental conservation toward 2050 to realize a sustainable society, and to hand on this blue and beautiful ocean to the next generation by contributing to society for the well-being and prosperous lifestyle of people around the world.

In the future global environment, it is expected that the worldwide population will increases rapidly in emerging countries, and will lead to faster economic growth and a greater demand for natural resources – foods and water – and industrial products, such as cars and home electric appliances. As a result, environmental issues like resources depletion and global warming will become more serious problems.

Shipping is essentially a very efficient and eco-friendly transportation mode that can transport a large amount of goods at one time. We have therefore identified our course of action in order to reduce environmental impact to as close to zero as possible and fulfill the responsibilities as a key industry operating to support people’s well-being and prosperous lifestyles.

We are taking these firm steps towards our “Goals of 2050” set in our Environmental vision through a variety of initiatives related to environmental conservation.

Our Environmental Vision is available on Corporate Website – http://www.kline.co.jp/en/csr/environment/
PDF format – 　http://www.kline.co.jp/en/csr/environment/__icsFiles/afieldfile/2015/03/16/2050vision_0312_en_fin.pdf
E-book format – 　http://www.kline.co.jp/en/csr/environment/vision/pageview.html

March 2nd, 2015

Kawasaki Kisen Kaisha, Ltd. (“K” Line) is pleased to announce that it has reached an agreement with Astomos Energy Corporation (Astomos) to enter into a Time Charter contract based on a new Kawasaki Heavy Industries, Ltd.－built 82,200m3 VLGC.

Astomos, one of the largest LPG players in the world and handling 10 million metric tons annually, is expecting to increase their volume to more than 12 million metric tons annually by 2017. They are also promoting expansion of their fleet with “K” Line entering their fleet for the first time by this agreement.

“K” Line now operates 4 VLGCs and this agreement will expand its fleet to 5 VLGCs. As a part of our newly-reformed medium-term management plan “Value for our Next Century”, “K” Line will continue to contribute to meet the expanding needs of LPG transportation utilizing the latest knowledge and technology established and with its more than 40 years of LPG transport experience.

Astomos Energy Corporation

Idemitsu Kosan and Mitsubishi Corporation merged their each LPG business to form Astomos Energy Corporation based on a common desire to “create a completely new and competitive energy company by consolidating all facets of LPG import, trading, domestic distribution and sales so that the company can leverage its larger scale and synergy.” Also have contracts of sale to Asian players.

Primary Shareholder : Idemitsu Kosan Co., Ltd. 51%, Mitsubishi Corporation 49%

Capital : 10 billion yen

Sales : Approx. 883.8 billion yen (for FY2013)

March 2, 2015

Kawasaki Kisen Kaisha, Ltd. (“K” Line) is pleased to introduce “K” Line Group’s new medium-term management plan “Value for our Next Century” which runs for five years from April 2015. The new medium-term management plan is founded on our new Corporate Principle and Vision which were revised in seeing “K” Line Group’s 100th anniversary coming in 2019.

Please see  full details on the “K” Line website at:

http://www.kline.co.jp/en/ir/library/plan/index.html

February 17th, 2015

Kawasaki Kisen Kaisha, Ltd. (“K” Line) is pleased to announce that International Transportation Service, Inc.（ITS）, a subsidiary of “K” Line, has placed an order for 4 units of the largest and most modern gantry cranes with PACECO® CORP., a subsidiary of MITSUI ENGINEERING & SHIPBUILDING CO., LTD. that will install these new 23-row width cranes at ITS’s container terminal at Long Beach.

These cranes also have capability to load and discharge containers from ULCVs (Ultra Large Container Vessels) with new technology such as soft landing system(*), which will enable ITS to provide even higher quality service than that which its customers presently enjoy.

(*) With this system, crane automatically slows down or stops when approaching the container to be lifted. This system eases crane driver’s handling and improves operational efficiency.

About ITS

ITS was established in 1971 and operates terminals in Long Beach, California, supporting “K” Line’s transpacific containership services for more than 40 years. In 2014, K” Line and Ports America agreed to form a strategic partnership with Ports America obtaining 30% of ITS shares. This partnership aims at further enhancing and expanding “K” Line’s container terminal business.

Husky Terminal & Stevedoring, Inc., a wholly-owned subsidiary of ITS, was established in 1983 and has operated a terminal in Tacoma, Washington for more than 30 years, continuously responding to increasing cargo movements by conducting terminal expansion construction and increasing exclusive leased land.