"K" Line

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.

16 February 2015

Kawasaki Kisen Kaisha Ltd (“K” Line) has decided in a board meeting held on Friday, 13^th February changes of Representative Directors and Executive Officers.

Details of these changes are available to download from the “K” Line website at:

http://bit.ly/1Dx98jN

“K” Line Contact:

Kiyoshi Tokonami

IR& PR Group

Kawasaki Kisen Kaisha, Ltd., Tokyo

30 January 2015

Kawasaki Kisen Kaisha, Ltd. (“K” Line) today announced at the Board of Directors’ meeting a series of changes to Top Management.

Please click on the following website link for details:

http://www.klineurope.com/News/newsview.aspx?id=651

For further information, kindly contact the following:

Kiyoshi Tokonami, General Manager, IR & PR Group

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

Tel: +81-3-3595-5189

30^th January 2015

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

・Financial Highlights for 3rd quarter F2014

http://www.kline.co.jp/en/ir/library/bs/__icsFiles/afieldfile/2015/01/30/fh2014_3con_e.pdf

・Revised Forecast of Financial Results

http://www.kline.co.jp/en/ir/stock/disclose/detail/__icsFiles/afieldfile/2015/01/30/20150130RevisedForecastofFinancialResults.pdf

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

IR&PR Group

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

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

20 January, 2015

Kawasaki Kisen Kaisha, Ltd. (“K” Line) announces that the Rating and Investment Information, Inc. (R&I) has upgraded the Issuer Rating of the company from “BBB-” to “BBB”, effective from Jan 19, 2015. The rating on the Domestic Commercial Paper Programme remains unchanged.

Issuer Rating                                    :  BBB   (Upgraded from BBB- )

Rating Outlook                                :  Stable

Commercial Paper Rating            :  a-2  (Affirmed)

R&I cited the following major reasons for the upgrade:

1. Reforming cost structure in the container ship business helps to reduce concern over a possible huge loss.
2. The car carrier business has become a source of earnings thanks to high transportation quality and strong relationship with customers.
3. The dry bulk business with medium-long term contracts and the LNG business with high entry barriers are generating solid profit.
4. Its equity capital is rising and the balance between debt and cash flow is also improving.