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"K" Line

“K” Line announce Financial Highlights for 1st Quarter of F2013

31st July 2013

 

“K” Line announce Financial Highlights for 1st Quarter of F2013

On behalf of our client Kawasaki Kisen Kaisha Ltd, (“K” Line) we are pleased to send you notification of their Financial Highlights for the 1st quarter of F2013.

English version

These are also available to download from their website : http://www.kline.co.jp/en/

“K” Line announces the rotation changes of North East Asia Australia service

July 4, 2013

“K” Line is pleased to announce the rotation change of North East Asia Australia service (ESACO), together with partners Mitsui O.S.K. Line, NYK, Orient Overseas Container Line (Hong Kong) and Evergreen Marine Corp. (Taiwan).

This rotation change will not only improve the schedule integrity, but also provides a direct linkage from Qingdao to Australia and shorten the transit time from Shanghai and Ningbo to Australia. The first vessel of the new rotation will be MV OOCL Nagoya V.042 calling Yokohama on Aug 4. Our present ESACO-B service remains unchanged.

ESACO’s new rotation

Yokohama – Osaka – Pusan – Qingdao – Shanghai – Ningbo – Melbourne – Sydney – Brisbane – Yokohama

ESACO-B’s present rotation

Ningbo – Shanghai – Xiamen – Shekou – Hong Kong – Sydney – Melbourne – Brisbane – Ningbo

We will continue to make every effort to further strengthen our service network.

 

For further information, please contact:

Keijiro Kurisaki

Europe, Australia and Africa Team, Containerships Business Management Group

Kawasaki Kisen Kaisha, Ltd.

Tel: +81-3-3595-5675 Fax: +81-3-3595-5288

 

”K” Line Receives Port of Long Beach Green Flag Award for 8 Consecutive Years

The Long Beach Board Port Authority announced top ocean carriers in compliance with its voluntary ship speed reduction program in designated coastal zone for the purpose of reducing exhaust gas from their vessels as “Green Flag” commendation ocean carriers in 2012.

On 30 May 2013, Kawasaki Kisen Kaisha, Ltd. (“K” Line) received the prestigious Green Flag award from the Port Authority based on its total of 248 annual port callings meeting 99.2% compliance rate within 20 nautical miles from the port and 98% compliance rate within 40 nautical miles during 2012. Reducing fuel-oil consumption rate helps decrease CO2 emissions.

The Port Authority is asking calling vessels to comply with the speed limit of 12 knots within 20 miles (about 37 kilometers) from the port in order to reduce emissions of exhaust gas, with the same speed limit within 40 miles (about 74 kilometers) from the port. The Green Flag is awarded to shipping lines that have achieved high rates of compliance with this program and had a large number of ships call at the port. “K” Line actively participates in this program, achieving an extremely high rate every year. In this year, we were awarded the “Green Flag” from the port authority for eighth consecutive year.

The “K” Line Group is making every possible effort to successfully implement its own environmental program, as well as cooperate with any other environmental preservation objectives being introduced by other parties, and will continue to actively contribute to protection of the global environment.

“K” Line Enters Long-Term Time Charter with Construction of 2 LNG Carriers

Kawasaki Kisen Kaisha, Ltd. (“K” Line) is pleased to announce the signing of two long-term Time Charter contracts which have been concluded with a subsidiary of INPEX CORPORATION (INPEX) and with a joint venture of INPEX and French Oil Major TOTAL S.A. (TOTAL)’s subsidiaries. “K” Line has also executed Shipbuilding contracts with Mitsubishi Heavy Industries, Ltd. (MHI) and Kawasaki Heavy Industries, Ltd. (KHI), respectively.

INPEX, TOTAL and other companies operate the Ichthys LNG Project (Ichthys Project) in Western Australia which is on track to produce its first gas by the end of 2016. Both vessels will engage in the transport of LNG from the Ichthys Project to Japan and Taiwan.

1. LNG Carrier for INPEX – serving Naoetsu, Japan

“K” Line and INPEX have formed a joint venture, Ocean Breeze LNG Transport S.A. (OBLT), with a stake of ”K” Line 70% and INPEX 30%.

OBLT has signed a long-term Time Charter with INPEX Shipping Co., Ltd. (subsidiary of INPEX) and has also executed a Shipbuilding contract with MHI. This vessel will engage in the transport of LNG from Ichthys Project to INPEX’s Naoetsu LNG Receiving Terminal in Niigata, Japan.

This vessel adopts “Sayaendo”, a unique structure integrating LNG tank cover with vessel hull introduced by MHI, which enables the vessel to improve fuel consumption through vessel’s weight reduction and hull line improvement.

2. LNG Carrier for INPEX/TOTAL – serving Taiwan

“K” Line has also signed a long-term Time Charter with IT Marine Transport Pte. Ltd., a joint venture of INPEX Shipping and a subsidiary of TOTAL, and has also executed a Shipbuilding contract with KHI. This vessel will engage in the transport of LNG from Ichthys LNG Project to CPC Corporation, Taiwan.

This vessel is the largest size of Moss-type LNG carriers newly designed and developed by KHI. This vessel is also the first Moss-type LNG carrier equipped with Duel Fuel Diesel Electric (DFD) propulsion system().

()DFD propulsion system is propelled by electric motors utilizing power generated by Diesel Generators being fueled by boil-off gas and/or marine fuel oil.

“K” Line has signed a long-term Time Charter contract for one vessel this April with Chubu Electric Power Co., Inc., thus it will be “K” Line’s second and third LNG Carrier awarded so far in 2013.

As committed under “K” Line’s mid-term management plan “Bridge to the Future,” LNG transportation business will contribute to the long-term stable earning structure and “K” Line further aims to expand its LNG transportation business by utilizing its expertise and worldwide network developed over the past 30 years since the delivery of S.S. “Bishu Maru” in 1983, the first LNG carrier owned by any Japanese shipping company.

Main Particulars of the Vessel:

 

For Naoetsu, Japan

For Taiwan

Shipyard

Mitsubishi Heavy Industries, Ltd.

Kawasaki Heavy Industries, Ltd.

 

Nagasaki Shipyard

Sakaide Shipyard

Delivery

End of Year 2016

LOA

About 288m

About 300m

Beam

About 49m

About 52m

Tank Type

Moss

Tank Capacity

155,300m3

182,000m3

Propulsion System

Reheat Steam Turbine
(Ultra Steam Turbine Plant)

DFD (Dual Fuel Diesel)

Speed

19.5knt

19.5knt

Boil Off Rate(※)

0.08% per day

0.08% per day

 (*)Boil Off Rate (BOR): Ratio of natural vaporized gas against maximum tank capacity to indicate

 capability of tank heat-insulation system. The vessel’s BOR 0.08% per day, improved twice as much

 from 0.15% of the conventional LNG carriers, is the lowest BOR among all LNG carriers in the world.

 

“K” LINE (INDIA) Private Limited enters into coastal shipping operation in India

“K” Line (India) Private Limited (hereinafter KLIN), “K” Line’s subsidiary company in India, is further expanding its services in India by entering into coastal shipping operations.

KLIN commenced its coastal transportation in India with the movement of iron ore cargo, having shipped about 55,000 Metric Tons of iron ore from the East coast to Mumbai on the West coast of India utilizing a one-spot chartered vessel.

This transportation was introduced to meet an increase in demand for coastal transportation of bulk cargo such as iron ore and coal. We plan to further expand into the coastal transportation business in other areas of Asia.

In India, satisfactory progress has been made in the transportation of motorcycles by Triple Decker Motorcycle Carriers and land transportation of steel materials. These services are in line with our desire to provide comprehensive logistics services to meet customer needs that utilize strong local ties.

“K” Line : Actual Ship Onboard Test of SCR System for Diesel Generator Started on 8,600TEU New Container Ship “HANOI BRIDGE”

March 21, 2013

Kawasaki Kisen Kaisha, Ltd., Japan Marine United Corporation and Daihatsu Diesel Mfg.Co. will begin actual on-board ship tests of Selective Catalytic Reduction System (SCR System) for Diesel Generator to confirm  the attainment of  NOx TierⅢ Regulations in MARPOL Annex VI.

NOx TierⅢ regulations, effective from January 1st 2016, in MARPOL Annex VI necessitates us to reduce NOx emissions in ECA (Emission Control Area) by more than 80% compared with TierⅠRegulations. One of the technical measures is Selective Catalytic Reduction (SCR), therefore research and development concerning SCR is being conducted in various fields.

SCR System has been installed on small coastal ships in Northern Europe, and has been used at land-based plants. However, there is no previous example of it being introduced on large ocean-going ships. Therefore, we have to confirm attainment of  NOx TierⅢ Regulations and solve any  problems by conducting actual on-board ship  tests.

“K” Line have therefore decided to install this SCR System for Diesel Generator Engine and carry out operational testing on “HANOI BRIDGE”, which is a large container vessel (8600TEU) to be delivered on March 26th, 2013.

The SCR System has now been installed in this vessel, and we can confirmed that this system will fulfill the appropriate specification during Sea trials.

The effectiveness of SCR System will be measured and will verify whether a problem exists during the 18 month period after this vessel is delivered.

Kawasaki Kisen Kaisha, Ltd., Japan Marine United Corporation, and Daihatsu Diesel Mfg.Co. will cooperate with each other for global environmental conservation, and actively address variable technology developments.

This project is supported by Nippon Kaiji Kyokai as the scheme of “Collaborative Research Requested by The Industry“

General description of vessel

Ship name                             HANOI BRIDGE

Shipyard                                Japan Marine United Corporation

Ship numger                         3290

Vessel’s type                        Container Ship (8,600TEU)

Target engine                      Model 8DC-32 manufactured by Daihatsu (Output 3,000kwm)

Contacts:

Kawasaki Kisen Kaisha, Ltd. Technical Group Machinery Team

Shingo Kameyama

Tel: +81-03-3595-5106  Fax: +81-03-3595-5355

Japan Marine United Corporation  General Affairs Department

Keita Mizukami

Tel: +81-3-6722-6102  Fax: +81-3-6722-6090

Daihatsu Diezel Mfg.co.,Ltd. General Affairs Department

Takashi Mizushina

Tel:+81-06-6454-2331 Fax: +81-06-6454-2750

“CKYH” to restructure Asia-U.S. East Coast services

CKYH – the Green Alliance (COSCON, “K” Line, Yang Ming, and Hanjin Shipping) will restructure their current Asia-U.S. East Coast loops effective middle of April.

Through this service restructuring, CKYH will provide 5 loops (AWE1, AWE2, AWE3, AWE4, AWE7) between Asia and the U.S. East Coast. AWE7 will be newly launched and replace AWE6 which was suspended during the 2012 winter season. The new services will offer competitive sailing frequency and highest on-time schedule reliability in the industry so as to satisfy customer needs.

Port Rotations of Asia-U.S. East Coast services are as follows:

AWE1: Ningbo – Shanghai – Pusan – New York – Wilmington – Savannah – Jacksonvill – Pusan – Ningbo

AWE2: Qingdao – Shanghai – Ningbo – Yokohama – New York – Boston – Norfolk – Qingdao

AWE3: Ningbo – Shanghai – Pusan – Manzanillo – Colon – Savannah – New York – Wilmington – Pusan – Ningbo

AWE4 : Ho Chi Minh – Kaohsiung – Hong Kong – Yantian – Singapore – New York – Norfolk – Savannah – Singapore – Ho Chi Minh

AWE7: Xiamen – Hong Kong – Yantian – Pusan – New York – Savannah – Charleston – Pusan – Kaohsiung – Xiamen

“K” Line Decides to Deploy New Generation Eco-Friendly ULCVs (Ultra Large Container Vessels)

KAWASAKI KISEN KAISHA, LTD. (“K” Line) is pleased to announce it has just decided to deploy new generation eco-friendly ULCVs (Ultra Large Container Vessels) as replacements in its existing fleet in order to strengthen efficiency and cost competitiveness of “K” Line’s Containership Business. We anticipate this will result in remarkable improvement of both efficiency and cost competitiveness.

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

Estimated delivery timing  :  Spring to Summer 2015

Ship Yard  :  Imabari Shipbuilding Co., Ltd.

LOA  : About366meters

Beam  :   51.2 meters

Depth :   29.9 meters

Nominal container carrying capacity  :  13,870TEU

“K” Line Enhances JASECO Services

KAWASAKI KISEN KAISHA, LTD. (“K” Line) is pleased to announce upgrade of its Intra-Asia Service with improved transit times and better coverage between Japan and Philippines, Singapore, Malaysia, Indonesia, and Hong Kong.

Details of the service are as follows:-

  • Vessel Deployment

JASECO-4: Four (4) x 2600 TEU type vessels

JASECO-5: Four (4) x 2600 TEU type vessels

  • Port Rotation:

JASECO-4: Tokyo – Yokohama – Shimizu – Yokkaichi – Nagoya – Kobe – Manila – Singapore – Port Kelang – Jakarta – Singapore – Hong Kong – Tokyo

JASECO-5: Osaka – Nagoya – Shimizu – Tokyo – Yokohama – Singapore – Jakarta – Singapore – Manila – Osaka

  • Current

JASECO-4: Osaka – Shimizu – Tokyo – Yokohama – Nagoya – Kobe – Manila – Singapore – Port Kelang – Jakarta – Singapore – Manila – Osaka

  • Commencement Date:

JASECO-4 SB: 27th of March ETA Tokyo

JASECO-5 SB: 27th of March ETA Osaka

JASECO-4 NB: 12th of April ETA Jakarta

JASECO-5 NB: 11th of April ETA Jakarta

“K” Line News Release: Shipping Industry Provides Funding to UNDP Job Creation Initiative in Somalia

Kawasaki Kisen Kaisha, Ltd. (“K” Line), Shell, BP, Maersk, Stena, NYK and MOL have announced today their joint collaboration with the United Nations Development Programme (UNDP) to support job creation and capacity building projects in Somalia.  The industry partners will provide funding of US$ 1.0 million to the UNDP.  The UNDP will oversee the distribution of the funds from 2013.

This collaboration between many in the shipping industry and UNDP is the first step in an initiative, launched in February 2012, designed to make a contribution to the rebuilding of a stable Somalia and thus reduce the risk of piracy to seafarers in the Indian Ocean.

The UNDP has been selected as a collaborator because of its existing footprint in coastal and city centres in Somalia and the alignment of the objectives of the shipping industry partners with those of the UNDP’s “Alternative Livelihoods to Piracy in Puntland and Central Regions” project.

The UNDP will focus on supporting long-term youth employment with the aim of providing viable employment alternatives to piracy for Somalia’s youth in the agriculture, livestock and fishing industries.  For example, this funding will support the creation of a business development centre for local entrepreneurs.  The funding will also help the UNDP to build up local youth facilities to encourage community collaboration and mutual support.  Our hope is that this initiative led by the shipping industry will facilitate establishing the foundation for a future generation in Somalia that has choices and no longer supports or condones piracy.

The shipping industry initiative intend to make available additional funding of US$1.5 million to support other capacity building projects in Somalia and this will be the subject of a further announcement.

For further information, please contact:

Kiyokazu Arai

General Manager, General Affairs Group

Kawasaki Kisen Kaisha, Ltd. Tokyo

TEL: 81-3-3595-5152 FAX: 81-3-3595-6076