Pressroom – Page 10

GEODIS invests in New Container Freight Station in Singapore

April 4, 2024 by Julia Hiles

Enabling customers to streamline their supply chains by offering consolidation and access to a range of multi-modal options of sea, air and/or road transportation amidst ongoing supply chain disruptions.

GEODIS, a global leading transport and logistics services provider, has announced the opening of its new Container Freight Station (CFS) in Singapore. Strategically located within the Keppel DistriPark free trade zone, the CFS serves as an international hub and a key node within the highly secure GEODIS Road Network, which connects major air hubs and sea ports in Southeast Asia and China. Customers have available to them a wide range of multimodal options in sea, air and/or road transportation.

With Singapore’s strategic position and excellent connectivity as a transit hub, this facility plays a pivotal role in connecting customers to the rest of the world. The CFS is managed by GEODIS’ own network experts, enabling better control, visibility and security of customers’ cargo. In place of its predecessor, which was a co-loading facility, it provides enhanced capabilities in consolidation services, bonded storage solutions and transshipment services. GEODIS customers have access to both full-container-load (FCL) and less-than-container-load (LCL) options.

“With constant shifts of the global supply chain and competitive pressures, we recognize our customers’ need for flexibility, efficiency and cost-effectiveness. Our new CFS offers them more control over their shipments and streamlined workflows. The options for consolidation or tapping into our multi-modal network make a lot of sense, not just financially, but also environmentally,” said Lakshmanan Venkateswaran, Sub-Regional Managing Director – Southeast Asia, Japan and Korea.

GEODIS – www.geodis.com    GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in four lines of business: Global Freight Forwarding, Global Contract Logistics, Distribution & Express Transport, and European Road Network. With a global network spanning nearly 170 countries and 53 000 employees, GEODIS is ranked no. 5 in its sector across the world. In 2023, GEODIS generated €11.6 billion in revenue. GEODIS is a company owned by SNCF group.

Filed Under: GEODIS

“K” LINE enters into Long-Term Time Charter with QatarEnergy for Four Newbuilding LNG vessels

April 2, 2024 by Julia Hiles

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce the execution of four long-term Time Charter contracts through joint venture companies*¹ with QatarEnergy*². The joint venture companies have concurrently executed Shipbuilding contracts for 174,000m3 LNG carriers with Hanwha Ocean Co., Ltd.

QatarEnergy is the world’s largest LNG producer and will allocate the newbuilding vessels to transport LNG around the world.

The newbuilding vessels will be equipped with X-DF2.2 iCER*³, VCR*⁴ and other energy saving devices which will contribute to reduction of GHG emissions and realize the ease of environmental impact by lower fuel consumption in operation.

Additionally, the new building vessels will obtain OCCS-Ready notation from classification society by conducting an evaluation for future installation of the OCCS*⁵, in anticipation of further GHG reduction.

Since the delivery of “Bishu Maru” in 1983 as the first Japanese LNG carrier, “K” LINE has been establishing expertise on LNG transportation and developing its worldwide network for over 40 years.

“K” LINE and QatarEnergy have had long-term relationship through several existing projects. The new four Time Charter contracts will further strengthen the business relationship.

In our Medium-Term Management Plan published in May 2022*⁶, “K” LINE has placed LNG business as one of the top priority areas in the future investment. “K” LINE will further expand long-term contracts and accommodate growing energy demands by responding to various customers’ needs.

*1. It is sponsored by “K” LINE together with Hyundai Glovis Co., Ltd.

*2. QatarEnergy is a state energy company of Qatar.

(QatarEnergy Release)

March 31, 2024：QATARENERGY’S HISTORIC FLEET EXPANSION PROGRAM HITS 104 CONVENTIONAL LNG VESSELS

https://www.qatarenergy.qa/en/MediaCenter/Pages/newsdetails.aspx?ItemId=3803

*3. X-DF2.2 iCER is a low speed dual-fuel engine with gas at low pressure and is equipped with exhaust gas recirculation system.

*4. VCR is technology to optimize the compression ratio of the main engine.

*5. OCCS is Onboard Carbon Capture and Storage.

*6. Medium-Term Management Plan (Released on May 9, 2022)

https://www.kline.co.jp/en/ir/management/strategy.html

Main Particulars of the Vessel

Shipyard	Hanwha Ocean Co., Ltd.
Delivery	2027
LOA	About 294.9m
Beam	46.4m
Tank Capacity	174,000m3
Propulsion System	X-DF
Speed	19.5knt

Filed Under: Uncategorized

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has signed up as TNFD Early Adopter

April 2, 2024 by Julia Hiles

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) registered as an “TNFD Early Adopter” *¹ on March 28, 2024.

The Taskforce on Nature-related Financial Disclosures (TNFD) is an international initiative that establishes a framework for the appropriate assessment and disclosure of risks and opportunities for natural capital and biodiversity. By registering as a “TNFD Early Adopter”, “K” LINE aims to disclose information in line with TNFD recommendations during fiscal year 2024 or 2025.

Our business is dependent on natural capital, mainly from the ocean, and we consider our efforts to address not only climate change issues but also biodiversity conservation, especially in the ocean, to be one of the most important themes in our business activities. Last year, in conjunction with our participation in the TNFD Forum*², as part of our information disclosure based on the TNFD Framework*³, we conducted a comprehensive assessment of risks and opportunities by introducing the LEAP approach*⁴ proposed by the TNFD, to evaluate environmental risks and nature-related impacts of our business and consider appropriate responses as part of our information disclosure under the TNFD framework.

As a TNFD Early Adopter, “K” LINE will enhance information disclosure based on a comprehensive understanding of climate change and natural capital and aim to achieve sustainable growth and increase corporate value as a trusted partner to all stakeholders.

*1. TNFD Early Adopters are companies and organizations that have registered on the TNFD website their intention to disclose information in accordance with the TNFD recommendations and are required to do so for either FY2024 or FY2025.

https://tnfd.global/engage/tnfd-adopters/

*2. The TNFD Forum consists of companies, financial institutions, and research organizations that have joined to support the discussions at TNFD and assist in the establishment of the framework.

November13, 2023: Participation in the Taskforce on Nature-related Financial Disclosures (TNFD) Forum.

https://www.kline.co.jp/en/news/csr/csr-20231113.html

*3. October 17, 2023: Disclosure of information based on the TNFD Framework

https://www.kline.co.jp/en/news/csr/csr-20231017-2.html

*4. It is an integrated evaluation process for managing nature-related risks and opportunities advocated by the TNFD for information disclosure, consisting of four phases: Locate (interface with nature), Evaluate (dependencies and impacts on nature), Assess (significant nature-related risks and opportunities), and Prepare (for responses and reporting).

Please refer to the following website page of “K” LINE for details on LEAP analysis.

https://www.kline.co.jp/en/sustainability/environment/impact_mitigation/main/0119/teaserItems1/05/linkList/0/link/20231011TNFD%20report3_eng.pdf

Filed Under: "K" Line

Establishment of marketing company for liquified CO2 shipping by Kawasaki Kisen Kaisha, Ltd. and Nippon Gas Line., Ltd.

April 2, 2024 by Julia Hiles

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Nippon Gas Line Co., Ltd. (Nippon Gas Line) are pleased to announce the agreement to establish a marketing company for the purpose of providing the seamless and efficient integrated liquefied CO2 transportation service for carbon dioxide capture and storage (CCS) projects over the boundaries.

The Japanese government is advancing the development a business environment to initiate CCS projects by 2030 in its “Basic Policy for Realizing of GX” (*1). They plan to support the research and business development to scale up the CCS value chain at the same time to cost reduction by introducing hub and cluster structure. In relation to its development, cross-border CO2 transportation and the establishment of integrated transportation system by combination of various sized liquefied CO2 carriers has been studied.

“K” LINE group is promoting a variety of initiatives to support the low-carbon and carbon-free of its own operations and society in accordance with its long-term environmental policy, “K” LINE Environmental Vision 2050. “K” LINE will start operation of liquefied CO2 carriers for Northern Lights, the world’s first full-scale CCS project this year. “K” LINE set up a dedicated team for ship management of liquefied CO2 carrier in “K” LINE LNG Shipping (UK) Ltd. and is working to realize safe and reliable operation.

Nippon Gas Line, the only operator specializing in domestic LPG carriers, has accumulated extensive knowledge and experience in the operation, cargo handling, and ship management of pressurized gas carriers for over 60 years. Regarding CCS projects in particular, Nippon Gas Line is undertaking operation and ship management of a liquefied CO2 carrier and developing operation and cargo handling technology for low-temperature and low-pressure liquefied CO2.

“K” LINE and Nippon Gas Line determined to take initiatives in liquefied CO2 shipping for CCS projects. This collaboration of both companies will provide safe, stable and high-quality liquefied CO2 seamless transportation services by leveraging knowledge and experience together. Both companies will contribute to the realization of a carbon-neutral society through CO2 shipping.

From left:
“K” LINE：Jun Sasaki (General Manager, Carbon-Neutral Promotion Group)
“K” LINE：Satoshi Kanamori (Managing Executive Officer)
Nippon Gas Line：Yasuhiro Muramatsu (President)
Nippon Gas Line：Kazuhisa Ishizaki (Senior Managing Director)

*1 “Basic Policy for the Realization of GX” (Released as of Feb 10th, 2023 by METI (Ministry of Economy, Trade and Industry, JAPAN) ：

https://www.meti.go.jp/english/press/2023/0210_003.html

Filed Under: "K" Line

“K” Line : Presentation at the 2024 Australia and Southeast Asia Forum on CCS

April 2, 2024 by Julia Hiles

On March 12th, 2024, Satoshi Kanamori (Managing Executive Officer of Kawasaki Kisen Kaisha, Ltd.) took the stage at the 2024 Australia and Southeast Asia Forum on Carbon Capture and Storage to present “K” LINE’s initiatives regarding CCS business development.*¹

At the Forum, he presented the “K” LINE’s challenges on the technical development of liquified CO₂ transportation in low-pressure conditions, the feasibility studies we are implementing together with our valuable customers and consortium members for the establishment of the CCS value chain in the Asia Pacific region, and our activities in the Northern Lights project, the world’s first full value chain CCS Project in Norway. The forum participants from various regions are engaged in lively discussions and the exchange of opinions regarding how to establish an entire CCS value chain in the Asia-Pacific region.

The “K” LINE group is pursuing a variety of initiatives to support low-carbon and carbon-free for both ourselves and society in accordance with its long-term environmental policy “K” LINE Environmental Vision 2050. In the field of CCS, we are planning to participate in the world’s first full-scale carbon capture and storage (CCS) program. We will apply the knowledge we gain through the operation of these vessels*², which will be launched sequentially in Japan and overseas, in the development of future businesses, including this project, with the aim of realizing a sustainable society and enhancing corporate value.

*¹ The HP of GCCSI

https://www.globalccsinstitute.com/

*²The webpage for press releases about “K” LINE’s activities concerning liquefied CO₂ transportation:

https://www.kline.co.jp/en/news/carbon-neutral.html

Filed Under: "K" Line

“K” Line : Publication of ESG DATA BOOK 2023

March 26, 2024 by Julia Hiles

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce a publication of ESG DATA BOOK 2023.

ESG DATA BOOK has been issued since FY2021 to summarize policies, systems, specific initiatives and relevant data related to “K” LINE Group’s environmental (E), social (S), and governance (G) aspects. It has been published as a tool for dispatch of information to, and for communication with, stakeholders who are interested in the Group’s ESG initiatives.

ESG DATA BOOK 2023 features new contents such as a disclosure in accordance with the framework of the Taskforce on Nature-related Financial Disclosures (TNFD) and a list of key performance indicators (KPIs) for readers’ better understanding of the goals and progress of our sustainability management.

From this fiscal year’s issue, we have changed the layout of the booklet to A4 horizontal for easier viewing on screens such as personal computers and tablets. Furthermore, links are provided on various pages, such as table of contents, to improve operability and searchability.

ESG DATA BOOK 2023 can be found on our website.

HOME > Sustainability > ESG Data

https://www.kline.co.jp/en/sustainability/esg_data.html

Downloads:

https://www.kline.co.jp/en/sustainability/esg_data/main/0111/teaserItems2/0/linkList/00/link/ESGDATABOOK2023_EN.pdf

Filed Under: "K" Line

“K” Line : Signing of a Joint Research and Development Agreement for a New Fire Detection System for Car Carriers

March 26, 2024 by Julia Hiles

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has entered into a joint research and development agreement with NIPPON HAKUYO electronics, ltd. ※1) and OPT Gate Co., LTD. (※2) for the development of a new fire detection system for vessels, using optical technology.

In recent years, the transportation of electric vehicles in addition to conventional gasoline vehicles has been increasing in car carriers. It is said that lithium-ion batteries installed in electric vehicles tend to rapidly escalate combustion in the event of a fire, making it crucial to detect fires at an earlier stage and to engage in firefighting activities promptly. This research aims to develop a fire detection system that detects fires earlier and with higher accuracy than existing smoke detectors for vessels, addressing the challenges.

“K” LINE is committed to enhancing safety and ship quality management. We will continue to pursue initiatives for safety in navigation utilizing cutting-edge technologies.

※1 NIPPON HAKUYO electronics, ltd. (Head office: Kanagawa)

Established in 1981, taking over the business of the marine equipment division of the Oki Electric Industry Group. They manufacture and sell various electronic products for vessels, including fire detection system, surveillance camera system, marine automatic telephone exchange, marine public address, and clock system.

※2 OPT Gate Co., LTD. (Head office: Tokyo)

Established in 2005, they specialize in manufacturing and design of optical products, with focus on the optoelectronics business. They also provide services such as reliability evaluation, analysis, and technical support for optical products.

Filed Under: "K" Line

Dachser stays on course and expands its global network

March 21, 2024 by Julia Hiles

Investments in several acquisitions and new joint ventures worldwide.
European overland transport provides stability; air and sea freight suffers from overcapacity and decline in rates.
Investments totaling around EUR 500 million are planned for 2024.

Kempten/Munich, March 21, 2024 – After the economic boom in logistics resulting from the coronavirus pandemic and worldwide disruption to supply chains, normalcy returned to the industry in 2023. Dachser was among those whose financial year was marked by weak demand for logistics services in the face of significant overcapacity and a sharp decline in air and sea freight rates.

As a result, Group revenue decreased to some EUR 7.1 billion, 12.5 percent down on the previous year. Transported volumes fell by 4.6 percent to approximately 77.4 million shipments, while tonnage decreased by 6.5 percent to some 40.0 million metric tons.

“Against the backdrop of an ailing global economy and a challenging market environment, supply chains were under considerably less strain in 2023, which allowed us to focus on improving productivity, capacity utilization, and quality. At the same time, we made considerable investments in the expansion of our networks,” says Burkhard Eling, CEO of Dachser.

Compared to the last pre-crisis year 2019, turnover in 2023 was over 25 percent higher. At that time, Dachser had reported turnover of around EUR 5.7 billion.

Significant expansion of the global network

In 2023, the company made strategic acquisitions and established new joint ventures in the Netherlands (Müller Fresh Food Logistics), Australia and New Zealand (ACA International), Japan (50% joint venture Dachser Japan), Italy (80% joint venture Dachser & Fercam Italia), South Africa (100% share acquisition Dachser South Africa), and Sweden (Frigoscandia). Of these, only the acquisitions in the Netherlands and Oceania in the first half of the year feature in the revenue figures for 2023.

“In 2023, we deliberately took a countercyclical and farsighted approach to investments: we completed our European groupage network in Italy with the third-largest acquisition of our company history. We tapped key food logistics markets in the Benelux and Nordic countries. Moreover, we now have our own locations in the large overseas markets of Japan and Australia,” Eling says.

Given the conservative economic forecasts, Dachser still expects low volumes and only slight revenue growth in 2024. “In pursuit of our goal of becoming the world’s most integrated logistics provider, we are continuing to invest in expanding and enhancing our networks, in digitalization, in climate action, and of course in our employees,” Eling says. In 2023, Dachser invested more than EUR 244 million; it plans to increase that figure to over EUR 500 million in 2024.

Business development in detail

Dachser’s Road Logistics business field—which comprises the transport and warehousing of industrial and consumer goods (European Logistics) and food (Food Logistics)—increased its revenue by 1.8 percent to EUR 5.8 billion in 2023. By way of contrast, the number of shipments fell by 4.7 percent and transported tonnage by 6.5 percent.

The European Logistics business line generated revenue of EUR 4.4 billion, roughly on a par with the record year of 2022. Business was good across European business units, with Iberia coming out on top with a revenue increase of more than 2 percent. Shipment numbers and tonnage declined overall due to Germany’s weak economy, which also had a negative impact on the close-knit countries in the North Central Europe region.

The Food Logistics business line also had a successful financial year in 2023, recording a 9.7 percent increase in revenue to EUR 1.4 billion. This jump in revenue stemmed from positive business development at branches in Germany as well as from inorganic growth through the acquisition of Müller Fresh Food Logistics in the Netherlands and the purchase of the remaining shares in Dachser Hungary. In total, Dachser Food Logistics transported 10.9 million shipments, slightly more than in the previous year, while tonnage fell by 3.8 percent.

In the Air & Sea Logistics business field, the combination of weak demand and substantially more capacity in air and sea freight had a profound effect. Plummeting freight rates were responsible for a drop in revenue of 46.3 percent—compared to 2022—to EUR 1.3 billion. The number of shipments rose by 2.4 percent, while tonnage fell by 7.9 percent.

Contract Logistics—a combination of transport, warehousing, and customer-specific value-added services—also underwent large-scale expansion in 2023. Dachser invested in additional capacity during the year and increased the number of pallet spaces to just under 400,000. Dachser now offers a total of more than 3 million pallet spaces across 164 warehouse locations on five continents.

Looking to the future, Eling announced that Dachser will focus even more on closely integrating the Road Logistics and Air & Sea business fields. “In the coming years, significant growth impetus will come from markets outside Europe. In order to continue serving our customers worldwide with high quality and reliability, we are linking the processes and systems of our two business fields even more closely together in order to develop an integrated global, door-to-door groupage solution that we call ‘Global Groupage’.”

Dachser’s workforce grew in 2023 by more than 1,100 people to a total of approximately 34,000. This is a reflection of the expansion of sales and IT teams, as well as the acquisitions of Müller Fresh Food Logistics and ACA International.

Overview of revenue:

Net revenue in EUR million	2023 (provisional)	2022	Change in 2023 vs. 2022
Road Logistics	5,806	5,701	+1.8%
European Logistics	4,426	4,443	−0.4%
Food Logistics	1,380	1,258	+9.7%
Air & Sea Logistics	1,300	2,420	−46.3%
Group	7,106	8,122	−12.5%

About Dachser

Dachser, a family-owned company headquartered in Kempten, Germany, provides transport logistics, warehousing, and customized services in two business fields: Dachser Air & Sea Logistics and Dachser Road Logistics. The latter consists of two business lines: Dachser European Logistics and Dachser Food Logistics. Comprehensive contract logistics services and industry-specific solutions round out the company’s range. A seamless shipping network—both in Europe and overseas—and fully integrated IT systems ensure intelligent logistics solutions worldwide.

Thanks to some 34,000 employees at 382 locations all over the globe, Dachser generated consolidated net revenue of approximately EUR 7.1 billion in 2023. The same year, the logistics provider handled a total of 77.4 million shipments weighing 40.0 million metric tons. Country organizations represent Dachser in 43 countries. For more information about Dachser, please visit dachser.com

Filed Under: Dachser UK

Ten Organisations Unite to Combat Illegal Wildlife Trafficking in Global Supply Chains

March 20, 2024 by Julia Hiles

20 March 2024 – Wildlife crime continues to pose a significant threat to biodiversity, local and national economies, as well as national and international security. The illicit trafficking of wildlife not only endangers countless species but also undermines the stability of ecosystems and jeopardizes the livelihoods of communities worldwide. Recognising the severity of this issue, ten leading organisations have joined forces to combat illegal wildlife trafficking through increasing awareness and vigilance across global supply chains.

Maritime traffic, in particular, remains vulnerable to the trafficking of illegal goods. With the vast volume of trade carried by sea, the demand for faster, just-in-time deliveries and the increasing complexity of intermodal supply chains, criminals increasingly exploit weaknesses in global maritime supply chains to traffic contraband items.

Stepping up the fight against illegal wildlife trafficking, ten international organisations have joined forces in an initiative led by the World Shipping Council, supported by United Nations Development Program, the Global Environment Facility, and the Global Wildlife Program, in collaboration with TRAFFIC and WWF, and co-sponsored by BIC, Global Shippers Forum, the International Fund for Animal Welfare and TT Club. Together, they have produced practical guidelines for all supply chain participants, with advice on measures to take, questions to ask to help identify criminal wildlife trade, and guidance on reporting suspicious activities. An accompanying “Red Flags” document serves as a daily reference for all individuals involved in the supply chain.

Combatting illegal wildlife trafficking is a shared responsibility that requires collaboration across international containerized supply chains. All parties involved, especially consolidators and those receiving goods for packing or carriage, must take proactive steps to prevent the shipment of illegal wildlife. This includes verifying the legitimacy of cargoes, properly sealing shipments, conducting risk assessments, and promptly alerting national authorities to suspicious activities, as appropriate.

The Joint Industry Guidelines for Combatting Illegal Wildlife Trafficking are designed to support and further promote existing International Maritime Organisation (IMO) guidelines by providing specific and actionable guidance to private sector stakeholders, and the IMO was kept informed through the development process. The joint industry guidelines have been submitted to the IMO for additional awareness and action.

Illegal wildlife trafficking is not only decimating endangered species worldwide but also fuelling organized crime and threatening global security. The coalition’s joint effort underscores the shared responsibility of all stakeholders in combatting illegal wildlife trafficking. By uniting their expertise and resources, these organisations demonstrate their commitment to protecting wildlife and promoting sustainable trade practices.

QUOTES

“We recognize the critical role that the maritime industry plays in combatting illegal wildlife trafficking. By working together to increase awareness across the supply chain of how to spot and address this criminal activity, we can prevent the exploitation of global maritime supply chains for criminal activities and protect endangered species worldwide,” says John Butler, President & CEO of the World Shipping Council.

“Wildlife crime often converges with transnational organized crime, such as trafficking in illicit drugs and arms. The Joint Industry Guidelines for Combatting Illegal Wildlife Trafficking aim to support stakeholders to address wildlife trafficking through their organizational processes. WWF is committed to continue fostering strong public-private partnerships through collective initiatives like this, to disrupt illegal trade and to disincentivize wildlife traffickers using the maritime sector supply chain to traffic illicit goods,” says Dr Margaret Kinnaird, Wildlife Practice Lead of WWF.

“The illegal trade of wildlife across our oceans is immense, overlooked, and often under-reported. Given its scale and vulnerability, it is critical that maritime traffic be central to our collective efforts to mitigate the illegal trade in wildlife. The creation of these guidelines is a fundamental first step in shining a spotlight on this part of the supply chain, giving us the building blocks for a solution which positively impacts animals across the globe. When we protect biodiversity, we protect ourselves, and today, we are one step closer to making this a reality,” said Azzedine Downes, President and CEO of the International Fund for Animal Welfare (IFAW).

“It’s estimated that 72-90% of illegally trafficked wildlife, including live animals, animal products, plants, and timber, is smuggled via the shipping industry, so the sector holds a responsibility to rise against transnational organised crime. By taking action with these resources, the sector will have far-reaching positive impacts for conversation and biodiversity growth at the same time as protecting livelihoods of local communities.“ Philippa Dyson, Monitoring, Evaluation and Learning Manager at TRAFFIC.

Learn more about what you can do to prevent illegal wildlife trafficking, download the Guidelines for Combatting Illegal Wildlife Trafficking here: Protecting Wildlife — World Shipping Council.

About World Shipping Council

The World Shipping Council is the united voice of liner shipping, working with policymakers and industry groups to shape the future growth of a socially responsible, environmentally sustainable, safe, and secure shipping industry. We are a non- profit trade association with offices in Brussels, London, Singapore and Washington, D.C.

“K” LINE Posted CEO Message after being recognized as a CDP2023 “A List” Company

March 19, 2024 by Julia Hiles

Yukikazu Myochin, President & CEO of Kawasaki Kisen Kaisha, Ltd. (“K” LINE) delivered a message in recognition of “K” Line’s placement onto the CDP2023 “A List” of companies. The video message is posted on “K” LINE’s YouTube channel.

“K” LINE YouTube channel　 https://youtu.be/PzzG4Dwib7U

“K” LINE corporate website https://www.kline.co.jp/en/index.html *accessible from banner

“K” LINE was selected for the “A List 2023”, the top rating, on climate change from CDP, which is a non-profit global organization engaging in activities for realizing a sustainable economy, on February 7, 2024. This is the eighth consecutive year that “K” LINE has been selected as an “A List” company, after being selected an “A List” company in 2016, in recognition of its leadership in transparency and performance in corporate sustainability on climate change. This year, the number of companies certified as “A List” companies for CDP Climate Change totaled 346 worldwide, with 109 Japanese companies including “K” LINE.

In our long-term management vision, we are committed to a smooth energy transition for ourselves and society, and we will promote activities to realize a low-carbon, decarbonized society. We are engaged in the introduction of alternative fuel vessels, energy-saving activities utilizing big data systems, offshore wind power generation support business, hydrogen and ammonia transportation businesses, and CCS (carbon dioxide capture and storage) projects. The “K” LINE Group will aim for sustainable growth and increased corporate value as a partner trusted by all stakeholders.

References

February 7, 2024: “K” LINE Awarded CDP’s “A List 2023” on Climate Change

https://www.kline.co.jp/en/news/csr/csr-20240207.html

“K” LINE Environmental Vision 2050.

https://www.kline.co.jp/en/csr/environment/management.html

Filed Under: "K" Line

Transport communications

GEODIS invests in New Container Freight Station in Singapore

“K” LINE enters into Long-Term Time Charter with QatarEnergy for Four Newbuilding LNG vessels

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has signed up as TNFD Early Adopter

Establishment of marketing company for liquified CO2 shipping by Kawasaki Kisen Kaisha, Ltd. and Nippon Gas Line., Ltd.

“K” Line : Presentation at the 2024 Australia and Southeast Asia Forum on CCS

“K” Line : Publication of ESG DATA BOOK 2023

“K” Line : Signing of a Joint Research and Development Agreement for a New Fire Detection System for Car Carriers

Dachser stays on course and expands its global network

Ten Organisations Unite to Combat Illegal Wildlife Trafficking in Global Supply Chains

“K” LINE Posted CEO Message after being recognized as a CDP2023 “A List” Company

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