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"K" Line

“K” Line Continues to be Included in FTSE4Good Global Index

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has been selected as a constituent company of the FTSE4Good Global Index Series, the leading SRI (*1) index provided by FTSE Group (*2). “K” Line has qualified for inclusion in the FTSE4Good indices since 2003.

The FTSE4Good is an equity index series that is designed to facilitate investment in companies that meet globally recognized corporate responsibility standards. For inclusion, eligible companies must meet stringent environmental, social and governance criteria.

“K” Line always strives to reduce environmental impact, strengthen corporate governance and support communities in which it operates as a good corporate citizen.

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

*2 FTSE is wholly owned by London Stock Exchange Group. FTSE is a global leader in indexing and analytical solutions. FTSE’s indices measure multiple markets and asset classes in more than 80 countries.

“K”Line Recognized by CDP as Leader for Corporate Action on Climate Change

October 15, 2014

“K” Line has been recognized as a leader in reducing carbon emissions and mitigating the business risks of climate change, as well as disclosing the information, and was selected as member of both CDP’s (*1) Japan Climate Disclosure Leadership Index (CDLI) and CDP’s Japan 500 Climate Performance Leadership Index 2014(CPLI) for the first time at CDP’s debriefing session today.

Climate Disclosure Leadership Index (CDLI)

We were ranked in the top 10% of the respondents in the 500 surveyed Japanese companies, and recognized as an excellent company that provides a high level of transparency in the disclosure of climate-related information in CDLI.

Climate Performance Leadership Index(CPLI

Information provided by nearly 2,000 listed companies has been independently assessed against CDP’s widely-respected scoring methodology and ranked accordingly. ”K” Line is one of the 187 that has been awarded an A grade for its climate performance, earning a position in this global ranking of corporate efforts to mitigate change.

In order to build a logistics infrastructure with excellent energy efficiency, we have been constructing newer energy-efficient ships, reducing fuel consumption of our operating fleet and have received third-party verification for reliability and transparency of GHG emission data from processes ranging from upstream to downstream. We are regarded as demonstrating corporate responsibility in responding to climate change issues, an attitude that we have strongly evaluated and sincerely pursued, which has now bore fruit.

We will continue contributing to social sustained development from now on as a company fully committed to environmental preservation.

*1: CDP

CDP is an international, not-for-profit organization providing the only global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 767 institutional investors with assets of US$92 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them.

 

For further information please contact:

Kawasaki Kisen Kaisha, Ltd (“K” Line)

Kumiko Iwasa

General Manager, Environment Management Group

Tel: +81-3-3595-5205

 

“K” Line to Support Ocean Transportation of an Ambulance and a Fire Engine Donated to Republic of El Salvador

October 10, 2014

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has today announced that it has provided free ocean transportation of an ambulance and a fire engine donated by Fujisawa-city Fire Department in Kanagawa Prefecture, Japan, to Republic of El Salvador.

Being the most densely populated country in Americas, with over 6 million residents in the area of around 21,000 km2, El Salvador has long been faced with shortage of fire engines, having only 19 units in the whole nation. Recognizing such a situation, Fujisawa-city has decided to donate its ambulance and fire engine to El Salvador because Ms. Martha Lidia Zelayandia, the country’s Ambassador to Japan, had long been living in the city before, while “K” Line provides free ocean transportation of those vehicles as per request from the ambassador to Mr. Hiroyuki Maekawa, Special Executive Advisor of the company and Honorary Consul of the country. Those vehicles have been put in order for usage in El Salvador supported by Mr. Koichiro Hara, Representative Director of Fulltime System Co., Ltd. and Chairman of Japan-El Salvador Association, and have been loaded onto “K” Line’s pure car carriers (PCCs) at Yokohama. The ambulance has been loaded on August 31, and so has the fire engine on October 10, respectively, in the cooperation of Daito Corporation, an affiliate company of “K” Line. It wishes the ambulance and the fire engine from Japan will successfully serve in El Salvador for helping precious lives.

“K” Line has established close relationship with Latin American Countries for a long time, assuming Honorary Consul of El Salvador since 1969, Chairmanship of Japan-Chile Association (est. 1940) and Japan-Peru Association (est. 1954), as well as Directorship of Latin-America Association in Japan (est. 1958). It has been actively providing free ocean transportation of supporting goods for Latin American countries, such as an ambulance and a fire engine donated from Japan to Republic of Peru in 2012. It will continue contribution to society through its core business, ocean transportation.

141010 Fujisawa-city Fire Department

Photo in front of the fire engine donated by Fujisawa-city Fire Department
(Center) Ms. Martha Lidia Zelayandia, Ambassador to Japan, Republic of El Salvador
(Right) Mr. Koichiro Hara, Representative Director, Fulltime System Co., Ltd.
(Left) Mr. Kunio Okumura, Assistant to Honorary Consul of El Salvador in Japan, “K” Line (on behalf of Mr. Hiroyuki Maekawa, Honorary Consul of El Salvador in Japan)

 

“K” Line Continues to be Selected as an Index Component of the Dow Jones Sustainability Asia/Pacific Index

12th September 2014

 

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has been selected again as an Asia / Pacific Index component company of the Dow Jones Sustainability Indices (DJSI), one of the leading global indices on Socially Responsible Investment (SRI)(*1).

DJSI is a world’s leading SRI index jointly offered by S&P Dow Jones Indices LLC of the United States and RobecoSAM AG of Switzerland, which only includes the top ranked companies among the largest 3,000 companies worldwide as a result of evaluation of their sustainability performance in terms of social, environmental and economic criteria. Launched in 1999, DSJI is one of the first global sustainability benchmarks for investors who integrate sustainability consideration into their portfolios.

“K” Line always strives to implement CSR initiatives so that we can contribute to the sustainable growth of the global society.

“K” Line will add 5 additional ULCVs to its Containership Fleet

KAWASAKI KISEN KAISHA, LTD. (“K” Line) is pleased to announce it will enhance its fleet with an additional five new generation eco-friendly ULCVs (Ultra Large Container Vessels) as replacements in its existing fleet in order to further strengthen both efficiency and cost competitiveness of “K” Line’s Containership Business. These 5 new vessels will join another 5 identical sister ships who will go into service during Spring to Summer 2015, bringing total number of “K” Line’s ULCVs to ten (10) vessels. As one of the world’s major ocean carriers, this substantial investment in an eventual total of 10 new ULCV sister ships is aimed at better serving the needs and requirements of “K” Line’s esteemed shippers worldwide.

Type of vessels and number ordered  :  14000TEU Containership x 5

Estimated delivery timing   :  Spring to Summer 2018

Ship Yard  :  Imabari Shipbuilding Co., Ltd.

LOA  :  365.9 meters

Beam :  51.2 meters

Draft  :  14.0 meters

Nominal container carrying capacity  :  13,870TEU

 

For further information, please contact:

Yasushi Shigeno

General Manager, Containerships Strategy Group

Kawasaki Kisen Kaisha, Ltd.

Tel: +81-3-3595-5278 Fax: +81-3-3595-5288

“K” LINE PRESS RELEASE : FINANCIAL HIGHLIGHTS FOR 1st QUARTER F2014

31 July 2014

 

Please be advised that “K” Line has released the following press statements today:

・Financial Highlights for 1st Quarter F2014 – http://bit.ly/1u2TAxT

・”K” Line and Ports America Reach Deal on Strategic Partnership – http://bit.ly/UNl5Po

These statements are also available from their Website both English and Japanese.

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

 

For further information, please contact:

Kiyoshi Tokonami

General Manager, IR & PR Group

Tel: +81-3-3595-5189 Fax: +81-3-3595-5001

Kawasaki Kisen Kaisha, Ltd. (“K” Line)

“K” Line Announce Change of Executive Officers

July 31, 2014 

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has decided in a board meeting held today on changes of Executive Officers.

New Appointment as of August 1, 2014

New  Position

Name

Present Position

Executive Officer

Shuzo Kawano

General Manager, Information System Group, President of “K” Line Business Systems Co., Ltd.

 

Please see below the list of responsibilities of Executive Officers scheduled on and after August 1, 2014 and October 1, 2014.

 

Attachment: The responsibilities of Executive Officers on and after August 1, 2014

Title

Name

Responsibilities

President & CEO

Jiro Asakura

Vice President Executive Officer

Eizo Murakami

Assistant to CEO, Marine Sector, Technical and Environmental Affairs, Fuel Cost Control

Senior Managing Executive Officer

Takashi Torizumi

General Affairs, Legal, Human Resources, Accounting, CSR & Compliance

Senior Managing Executive Officer

Kazutaka Imaizumi

Drybulk Sector, India/ASEAN Multi-Transport & Logistics Development

Senior Managing Executive Officer

Toshiyuki Suzuki

Containerships Sector, Port Business

Senior Managing Executive Officer

Hiromichi Aoki

Energy Transportation Sector, Car Carrier Sector, IR & PR

Senior Managing Executive Officer

Tsuyoshi Yamauchi

Finance, Corporate Planning, Corporate Legal Risk Management, Logistics, Business Promotion

Managing Executive Officer

Eiji Kadono

Marine Sector, Fuel Cost Control, Environment

Managing Executive Officer

Kazuhiko Harigai

Bulk Carrier Business, Thermal Coal, Woodchip and Pulp Carrier Business

Managing Executive Officer

Shunichi Arisaka

Technical and Environmental Affairs, Fuel Cost Control

Managing Executive Officer

Atsuo Asano

Coal and Iron Ore Carrier Business, Drybulk Planning

Managing Executive Officer

Yukio Toriyama

Accounting, Finance, Internal Audit

Managing Executive Officer

Kenji Sakamoto

Executive Chairman of “K” LINE (INDIA) PRIVATE LIMITED

Managing Executive Officer

Kazuhiro Matsukawa

President of “K” LINE AMERICA, INC.

Executive Officer

Yukikazu Myochin

IR & PR, Corporate Planning, Research, Port Business

Executive Officer

Yasunari Sonobe

Car Carrier Business(Planning & Development )

Executive Officer

Yutaka Nakagawa

Human Resources, Logistics, Business Promotion

Executive Officer

Akira Misaki

Energy Transportation Business

Executive Officer

Makoto Arai

Legal, Corporate Legal Risk Management, General Manager of Legal Group

Executive Officer

Kiyokazu Arai

General Affairs, CSR & Compliance, General Manager of General Affairs Group

Executive Officer

Ako Hiraoka

Car Carrier Business(Sales & Marketing)

Executive Officer

Takafumi Kido

Containerships Business

Executive Officer

Shuzo Kawano

Chief Information Officer, General Manager of Information System Group

Attachment: The responsibilities of Executive Officers on and after October 1, 2014

Title

Name

Responsibilities

President & CEO

Jiro Asakura

Vice President Executive Officer

Eizo Murakami

Assistant to CEO, Marine Sector, Technical and Environmental Affairs, Fuel Cost Control

Senior Managing Executive Officer

Takashi Torizumi

General Affairs, Legal, Human Resources, Accounting, CSR & Compliance

Senior Managing Executive Officer

Kazutaka Imaizumi

Drybulk Sector, India/ASEAN Multi-Transport & Logistics Development

Senior Managing Executive Officer

Toshiyuki Suzuki

Containerships Sector, Port Business

Senior Managing Executive Officer

Hiromichi Aoki

Energy Transportation Sector, Car Carrier Sector, IR & PR

Senior Managing Executive Officer

Tsuyoshi Yamauchi

Finance, Corporate Planning, Corporate Legal Risk Management, Logistics, Business Promotion

Managing Executive Officer

Eiji Kadono

Marine Sector, Fuel Cost Control, Environment

Managing Executive Officer

Kazuhiko Harigai

Bulk Carrier Business, Thermal Coal, Woodchip and Pulp Carrier Business

Managing Executive Officer

Shunichi Arisaka

Technical and Environmental Affairs, Fuel Cost Control

Managing Executive Officer

Atsuo Asano

Coal and Iron Ore Carrier Business, Drybulk Planning

Managing Executive Officer

Yukio Toriyama

Accounting, Finance, Internal Audit

Managing Executive Officer

Kenji Sakamoto

Executive Chairman of “K” LINE (INDIA) PRIVATE LIMITED

Managing Executive Officer

Kazuhiro Matsukawa

President of “K” LINE AMERICA, INC.

Executive Officer

Yukikazu Myochin

IR & PR, Corporate Planning, Research, Port Business

Executive Officer

Yasunari Sonobe

Car Carrier Business(Planning & Development )

Executive Officer

Yutaka Nakagawa

Human Resources, Logistics, Business Promotion

Executive Officer

Akira Misaki

Energy Transportation Business

Executive Officer

Makoto Arai

Legal, Corporate Legal Risk Management, General Manager of Legal Group

Executive Officer

Kiyokazu Arai

General Affairs, CSR & Compliance

Executive Officer

Ako Hiraoka

Car Carrier Business(Sales & Marketing)

Executive Officer

Takafumi Kido

Containerships Business

Executive Officer

Shuzo Kawano

Chief Information Officer, General Manager of Information System Group

 

“K” Line Announce Delivery of 82,200cbm-type LPG Carrier “GALAXY RIVER”

 

Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called “K” Line) is proud to announce the delivery of “GALAXY RIVER,” an 82,200 cbm-type LPG Carrier at Sakaide Shipyard of Kawasaki Shipbuilding Co., Ltd., Japan on June 27, 2014.

 

GALAXY RIVER will be operated by “K” Line under a Consecutive Voyage Charter Contract with Japan Gas Energy Corporation. The main cargo that will be transported is LPG (Liquefied Petroleum Gas) from the Middle East to be discharged in Japan and other Far East ports. In addition, due to the recent Shale Revolution, there has been a lot of LPG exported from the United States and this is expected to increase. In this connection, GALAXY RIVER is fitted with the latest design that will enable her to pass through the Panama Canal after its expected expansion is completed.

 

Vessel’s Specifications

 

LOA  :  230.00M

Deadweight Tons  :  54,081MT

 

Beam  :  37.20M

Gross Tons  :  46,885T

 

Depth  :  21.00M

Cargo Tank Capacity  :  82,391m3

 

Full Draft  :  11.20M

Registry  :  Republic of Panama

 

Class  :  Nippon Kaiji Kyokai (NK)

 

Features

 

1. The vessel is designed to be fully compliant with the New Panamax requirements.

 

2. A ballast water management system ensures the ocean habitat is protected from unwanted environmental effects.

 

3. Four independent cargo tanks are installed in the cargo holds for carrying liquefied petroleum gas. The tanks are designed to provide optimal thermal insulation and absorb low-temperature contraction.

 

4. The cargo tanks are made with special cryogenic steel for loading LPG with a minimum temperature of -46°C. The tanks are wrapped in urethane foam for thermal insulation.

 

 

 

For further information, please contact:

 

Kawasaki Kisen Kaisha, Ltd. (“K” Line):

 

Takahiko Tsurukawa , General Manager, Tanker Group  Tel:81-3-3595-5496    Fax:81-3-3595-5371

 

Kenichiro Matsui,  Manager, LPG & Clean Tanker Team Tanker Group

Tel:81-3-3595-5467    Fax:81-3-3595-5371

 

“K” Line to Invest in Two (2) Additional Next Generation Car Carriers

June 23, 2014

 

KAWASAKI KISEN KAISHA, LTD. (“K” Line) is pleased to announce that in addition to its recent identical 8-vessel shipbuilding contracts with delivery from 2015 to 2016, it has been decided to order two (2) additional new next generation 7,500 RT car carrier vessels with delivery in 2017 from Shin Kurushima Dockyard Co. Ltd.

By adding these two new additional ships, line-up of our new next generation car carrier vessels, with better stability and increased fuel efficiency, will expand to a total of ten. We are committed to continue to deliver value added efficiency as well as the capability of handling an even wider variety of cargo mix to assure our services successfully meet the needs of our valued customers in order to be best suited for not only passenger cars but also other RORO cargoes.

For further information please contact:

Yu Kurimoto

Group Manager, Car Carrier Planning & Development Group

Kawasaki Kisen Kaisha, Ltd.  Tel: +81-3-3595-5471

Ryota Araki

Manager, Car Carrier Planning & Co-operation Team,

Car Carrier Planning & Development Group

Kawasaki Kisen Kaisha, Ltd.  Tel: +81-3-3595-5468

“K” Line – Change of Directors

 

April 30, 2014

Kawasaki Kisen Kaisha, Ltd. (“K” Line) has decided on the following changes in its board meeting held today, subject to approval at the Ordinary General Meeting of Shareholders on June 25, 2014:

DIRECTORS:

1.   NEW APPOINTMENT

 

New Position Name Present Position
 

Director & Senior                         Managing Executive Officer

 

 

Hiromichi Aoki

 

Senior Managing Executive Officer

 

2.   RETIREMENT

 

Retiring Present Position Name New Position
Director

 

Takashi Saeki Advisor
Director

 

Keisuke Yoshida Advisor
Director

 

Masami Sasaki Advisor
Director & Managing                 Executive Officer Shunichi Arisaka Managing Executive Officer

 

For further details, please contact:

 

Kiyoshi Tokonami,

General Manager, IR & PR Group

Tel: +81-3-3595-5189   Fax: +81-3-3595-5001