Transport communications

Portcare International is the press relations consultancy for the shipping and logistics industry. Formed by transport people for transport people. We can truly claim to understand our clients’ needs and ‘talk the same language’. Portcare provide effective, value for money PR to some of the industry’s best-known names.

New appointment to the GEODIS executive committee

April 5, 2023 by

GEODIS, a world leader in transport and logistics, is pleased to announce the appointment of Camille Porgès as EVP Governance, Risks and Compliance. She will join the Group’s executive committee, which is chaired by Marie-Christine Lombard, Chief Executive Officer of GEODIS.

Camille Porgès, EVP Governance, Risks and Compliance, Geodis

Camille Porgès began her career in 2004 as a lawyer specializing in mergers and acquisitions at Clifford Chance LLP. In 2010, she joined satellite operator Eutelsat as senior legal counsel, with responsibility for the company’s mergers and acquisitions. She was promoted to the position of group compliance and privacy director in 2017. In 2019, she joined the ATOS group as head of ethics and compliance and was appointed chief compliance officer in April 2022.

She has extensive experience in compliance, covering a broad range of areas from anti-corruption to data protection, human rights and economic sanctions, both in terms of prevention and investigation.

Camille graduated from the ESCP business school and holds a postgraduate degree in business law from Paris II Panthéon Assas University. She was admitted to the Paris bar in 2004. 

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 five lines of business: Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked world no. 6 in its sector. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a member of the SNCF group.

Filed Under: GEODIS

GEODIS honored by Arkema China at its Annual Carrier Conference

April 4, 2023 by

Partnerships underscore the collaboration between industry and supply chain provider as trade flows stabilize

GEODIS, a global leading transport and logistics services provider, has been named “Strategic Carrier of Arkema China” in recognition of its concerted efforts to reinforce Arkema’s supply chain strategy in the region in 2022. This marks the third consecutive year in which GEODIS has been honored at the Arkema China Annual Carrier Conference, having also received the same award in 2021, as well as the “Core Carrier of Arkema China” award in the 2020. 

Didier LEBLANC – Regional President Acrylic Monomers Asia presenting the award to Sally ZHOU, GEODIS head of sales and marketing of (Central) China and Elva CHEN, GEODIS regional key account manager for the Arkema account in APAC & ME

While much of the last three year period has ushered in a slew of challenges for the maritime industry, the successful partnership has tapped into GEODIS’ extensive network of transport suppliers and comprehensive auditing strategies to ensure the seamless processing of Arkema’s general cargo across shipping lanes, custom clearances as well as both pre- and on-carriage procedures. This, in spite of port congestions and limited container capacities stemming from unparalleled surges in global economic activity.

The Annual Conference also set in motion promising roadmaps to continue the partnership’s ongoing momentum in 2023. Successfully implemented plans included the smooth integration of electronic data interchanges (EDI) into Arkema’s transportation management system to reinforce real-time tracking tools, on top of advancing operational agility through private charter and priority loading services.  All of which will further support Arkema’s growing presence in the region.

“We are delighted to continue our strong collaboration with Arkema and look forward to playing a key role in the next chapter of their growth,” said Onno Boots, GEODIS’ Regional President and CEO, Asia Pacific and Middle East.  “Innovation and a collaborative spirit have and will continue to form the center of all our projects. This award serves as a testament of our commitment to supporting our partners’ growth with resilient and nimble services that can withstand all the changes in a rapidly evolving supply chain ecosystem.”

GEODIS’ continued partnership with Arkema is a prime example of the organisation’s growing strength in China, assisting companies as their business normalise into pre-2019 levels while trade flows between countries continue to strengthen. 

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 five lines of business: Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked no. 6 in its sector across the world. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a company owned by SNCF group. 

Filed Under: GEODIS

Global inflationary trends influence patterns of cargo crime

March 30, 2023 by

The latest Annual Cargo Theft Report for 2022 from partners TT Club, TAPA EMEA and BSI SCREEN Intelligence shows an overall decline in global incidents over the previous year but with increasing emphasis on basic goods, food and beverages, fuel and auto parts linked to the inflationary effect on the value of such items.  Theft of high value electronics remains constant.

As in the past the united trend analysis and experience of the three organisations, international freight insurer TT Club, the Transported Asset Protection Association’s Europe, Middle East & Africa region (TAPA EMEA), and BSI, the business improvement and standards consultants, supply concerted insight to the changing dynamics of cargo theft around the world.  The 2022 Cargo Theft Report reflects this strength of observational data and comprehensive incident reporting.

The salient conclusions of this year’s report are:

  • Consistent level of theft from facilities
  • Increase in container and trailer theft
  • Global reduction in hijackings
  • Easing of international losses from unsecured parking and from areas adjacent to port facilities
  • Inflationary trends effect black market demand for more basic goods
  • Food and beverages, auto parts and fuel all increasingly targeted
  • High-end electronics remain a frequent target

The over-arching trend is for criminals to adapt to inflation and lessened port congestion and evolve more fraudulent methods of targeting specific goods.  “Our report explores these themes in more detail by way of case studies that look at how social unrest in Latin America, particularly Chile, Peru and Brazil, has provided a weakness exploited by thieves,” points out Mike Yarwood, MD Loss Prevention at TT.  “Also, how in South Asia crime involving fraudulent practices, like fictitious pickups to target cargo, are manifest.”

Of the increases in various types of commodities stolen, as illustrated above, TAPA EMEA identified a significant year-on-year rise in the number of fuel thefts recorded in the region, one of the most prominent trends recorded. “This is clearly driven by the impact of the war in Ukraine on global oil prices and the cost-of-living crisis affecting consumers in many countries. We gathered intelligence on fuel losses in 28 countries across EMEA, but mostly in Germany and the United Kingdom, which accounted for 72%.  Higher value fuel crimes also signalled the involvement of bigger organised crime groups, notably thefts from fuel depots,” said Thorsten Neumann, President & CEO of TAPA EMEA.

Consistent with past publications, advice on steps that can be taken to mitigate the risk of theft are offered in the report.  “In particular, we are keen to give guidance on how operators can combat the practice of fictious pick-ups and the threat of insider influence in cargo crime,” said David Fairnie, BSI’s Principal Consultant on Supply Chain Security.  “Our guidelines are extensive and they can help to reduce risk and enhance the overall security and resilience of the supply chain. However, it’s important to recognize that there is no one-size-fits-all approach.  Each organization must develop a tailored risk management plan based on its specific risks and circumstances.”

The 2022 Cargo Theft Report is available for download free of charge

https://www.ttclub.com/news-and-resources/publications/tt-bsi-cargo-theft-reports/bsi-tt-club-and-tapa-emea-cargo-theft-report-2022/?utm_source=Press&utm_medium=Press-release&utm_campaign=cargo-theft-22

About TT Club

TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry. TT Club’s primary objective is to help make the industry safer and more secure. Founded in 1968, the Club has more than 1100 Members, spanning container owners and operators, ports and terminals, and logistics companies, working across maritime, road, rail, and air. TT Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. It retains more than 93% of its Members with a third of its entire membership having chosen to insure with the Club for 20 years or more.  

www.ttclub.com

About BSI

BSI is the business improvement and standards company that enables organizations to turn standards of best practice into habits of excellence, ‘inspiring trust for a more resilient world’. For over a century BSI has driven best practice in organizations around the world. Working with over 77,500 clients across 195 countries, it is a truly global business with skills and experience across all sectors including automotive, aerospace, built environment, food and retail and healthcare. Through its expertise in Standards and Knowledge, Assurance Services, Regulatory Services and Consulting Services, BSI helps clients to improve their performance, grow sustainably, manage risk and ultimately become more resilient.

To learn more, please visit: www.bsigroup.com

About BSI Supply Chain Services and Solutions
BSI Supply Chain Services and Solutions is the leading global provider of supply chain intelligence, global supply chain verification auditing services, audit compliance and risk management software solutions, and advisory services. BSI’s supply chain services and solutions and services can work independently to address specific needs or combined together to gain unparalleled visibility into your global operations. Implementing BSI’s holistic supply chain risk management suite provides organizations with a complete solution for a more sustainable and secure supply chain.

To learn more, please visit www.bsigroup.com/supplychain

About TAPA EMEA

TAPA EMEA was formed in 2000 to tackle the multi-billion euro problem of cargo thefts from supply chains. Today, it boasts over 900 member companies in the Europe, Middle East & Africa (EMEA) region, including many of the world’s biggest manufacturers and logistics service providers as well as leading SME freight forwarding and transport operators, insurers, law enforcement agencies, security service providers, and other stakeholders.

TAPA EMEA is working to minimise cargo losses and increase supply chain resilience by helping its member companies top understand and manage risks. TAPA EMEA achieves this through the development and application of its global supply chain Security Standards, collating and sharing of cargo crime incident intelligence, training, networking and through its support of, and collaboration with law enforcement agencies, governmental and regulatory bodies.

For more information go to www.tapaemea.org

Filed Under: TT Club

“K” Line : Start of Operations of New General Dry Warehouse in Bangkok

March 30, 2023 by

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that its Thailand-based group company K LINE CONTAINER SERVICE (THAILAND) LTD. (KCST) will commence the operation of a new warehouse in the Bang Na district of Bangkok on April 1st.

The new warehouse is situated in a prime location 30 km from Bangkok’s city center, the largest consumption area in Thailand. It is designed to handle e-commerce products, and instead of dispatching products on a per-pallet or per-case basis as before, is able to dispatch products on a per-item basis more swiftly. Multi-level racks that take advantage of the 15 meter-high ceiling have been installed for this purpose. With the installation of a 15 meter-wide canopy that can store a large variety of products in small quantities, the warehouse has been fully equipped with an all-weather cargo entrance and exit. Additionally, KCST has obtained four ISO certifications (ISO 9001, ISO 14001, ISO 45001 and ISO 28000) at its existing warehouses and plans to obtain those same certifications for the new warehouse within the year.

Overview of the New Warehouse

Name: K LINE CONTAINER SERVICE (THAILAND) LTD.

Address: No. 191/1 Moo 9 T. Bangchaloang A.Bangplee, Samutprakarn 10540.

Service Launch Date: April 1st, 2023

Main Business Activities: General cargo storage, distribution processing, packaging, etc.

Total Floor Area: 10,638 m2

Exterior View of the New Warehouse

“K” LINE has been operating regular warehouses and freezing and refrigerating warehouses with close ties to the community in Thailand for over three decades. We have provided logistics services by situating each warehouse in a prime location, such as on the outskirts of Bangkok, within an industrial zone with a high concentration of Japanese companies, at Suvarnabhumi Airport and near Laem Chabang, one of Thailand’s major ports.

In addition, BANGKOK COLD STORAGE SERVICE, LTD. (BCS), another Group company located on the same premises, is in the process of constructing a new freezing and refrigerating warehouse which is due to open this summer (expected in August 2023).

In its management plan, “K” LINE has positioned the logistics business as a major business contributing to stable revenue. Going forward, “K” LINE will continue to provide high-quality logistics services and solutions to meet increasingly diverse customer needs and growing demand, with a focus on Southeast Asia, which will continue to show remarkable economic growth.

Overview of Warehouses in Thailand

KCST General Dry WarehouseAreaLand Area
(m2)		Total Floor Area (m2)
Warehouse No. 1Outskirts of Bangkok (Bang Na district)28,8178,900
Warehouse No. 3Amata City, inside Chonburi Industrial Estate49,76721,907
Warehouse No. 4 (attached to a 6,000 TEU container depot)Laem Chabang area92,00016,600
Warehouse No. 5 (new warehouse to commence operations in April 2023)Outskirts of Bangkok (Bang Na district)19,31710,638
Regular Warehouse Total189,90158,045
BCS Freezing and Refrigerating Warehouses
　AreaLand Area
(m2)		Total Floor Area (m2)
Warehouse No. 1Outskirts of Bangkok (Bang Na district)6,7444,300
Warehouse No. 2Outskirts of Bangkok (Bang Na district)12,3316,300
Warehouse No. 3 (new warehouse to commence operations in summer 2023)Outskirts of Bangkok (Bang Na district)17,7417,000
Freezing and Refrigerating Warehouse Total36,81617,600

Reference Link

Announced May 9, 2022: Medium-term Management Plan

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

Related Press Release

Announced November 17, 2021: “K” LINE Group Companies Establish New Cold and Dry Warehouses in Thailand

https://www.kline.co.jp/en/news/logistics/logistics4947569946710464310/main/0/link/211117EN.pdf

Filed Under: "K" Line

“K” Line : Completion of Acquisition of Shares in Atlas Corp. by a Consortium Including an Equity Method Affiliate

March 29, 2023 by

Please be advised that “K” Line Tokyo Head Office issued the following press releases today.

Completion of Acquisition of Shares in Atlas Corp. by a Consortium Including an Equity Method Affiliate

This press release can be viewed on the following website both in English and Japanese. 

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

Filed Under: "K" Line

“K” Line : Notice Regarding Completion of Cancellation of Treasury Stock

March 29, 2023 by

Please be advised that “K” Line Tokyo Head Office issued the following press releases today.

Notice Regarding Completion of Cancellation of Treasury Stock

This press release can be viewed on the following website both in English and Japanese. 

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

Filed Under: "K" Line

Shippers Brace for Market Bounce

March 29, 2023 by

Containerised cargo volumes moved in the deep-sea container shipping market fell a further 2.5% during the final quarter of 2022, marking the traditionally busiest period of the year as the ‘peak season without a peak’.

Volumes have fallen steadily in the early weeks of 2023 and world trade continues to stumble as economies grapple with persistent inflation and high energy prices, suppressing consumer demand for goods across nearly all economic sectors.

Commenting on the publication of the latest GSF/MDS Transmodal Container Shipping Market Review, James Hookham, Secretary General of Global Shippers Forum said:

“This has stopped being just a supply chain or a shipping issue and shippers and carriers are firmly in the hands of global economic forces which are themselves responding to structural weaknesses in economies and to geopolitical tensions”.

“Predicting volumes and inventory requirements for the remainder of the year is a leap into the unknown for many shippers, as few but the most experienced will have encountered so varied a mix of influencing factors”.

With interest rates still high and Central Banks hinting they could go higher still, the inflationary effects of the Covid crisis and the crunch on consumer spending is lingering into the second quarter this year.

On the demand side, many carriers and service providers are anticipating a recovery in demand in the second half of the year, but this is more in hope than expectation – there are few economic signals to support such optimism.

The arrival of new shipping capacity, an apparent questioning of the benefits of shipping alliances and an inevitable reduction in utilisation of vessel space, is also changing the shape of the supply side of the equation in container shipping.

Shippers have undoubtedly benefitted from the dramatic fall in spot rates over the past nine months, with costs on many routes back to pre-Covid levels. But weak demand for their core products will be of more concern to shippers than the cost of their shipment. Whilst wary of the speed at which demand could recover – as seen in 2020 – many shippers are bracing for a bounce in rates that may not arrive for some time.

Shippers have also been enjoying have seen a sharp improvement in port call predictability with the number of scheduled calls actually made by vessels significantly improved over Q3 2022. This is the first time since in the reviews started in 2020 that the Service Quality Indicators have all been positive, albeit from a low base.

James Hookham concluded:

“This time it’s certainly different! How shipping lines respond to weak demand, manage existing surplus capacity, deploy new vessels and maintain port schedules, all in a year when every existing ship is being assessed for its overall fuel efficiency, will remain a key focus for our monitoring of the market. The dollar value of rates may look the same as 2019, but the market conditions are utterly different and even less predictable”.

Mike Garratt, Chairman of MDS Transmodal commented:

“Demand clearly fell while shipping line capacity grew marginally, improving shippers’ negotiating positions. Performance generally improved as rates fell and the return of more multi-regional services improved connectivity between markets. However, mean revenues per TEU remained high relative to costs as a consequence of the contract rates agreed the previous year, which is reflected in published liner company results for 2022. Several consortia continued to enjoy market shares of above 30%”

Notes to Editors

  • Mike Garratt, Chairman of MDS Transmodal, is available for interview. Please contact +44 (0) 1244 348301
  • Media Contact:  The Container Shipping Market Quarterly Review for Quarter 2 2022 is available in PDF format on request from Maria Udy, Portcare International. maria@portcare.com +44 (0) 7979 868539.
  • The Container Shipping Market Quarterly Review is produced every three months and reports, interprets and comments on trends and developments in the container shipping market as experienced and understood by shippers – the importers and exporting businesses that own the cargo carried on container ships. Shippers are the customers of the container shipping industry.
  • The Quarterly Review collates and reports outputs from MDS Transmodal’s established and respected Container Business Model and other tools that are relied upon by governments and international agencies around the world. Working with GSF, MDST has generated eight new indicators showing how the market is performing in terms that are relevant and applicable to shippers as users and customers of these services.
  • MDS Transmodal (MDST, www.mdst.co.uk) is a UK firm of transport economists which specialises in maritime and all other modes of freight transport. MDST works with senior management in the public and private sectors to provide strategic advice based on quantitative analysis, modelling and sectoral expertise.

Global Shippers Forum (www.globalshippersforum.com) is the global business organisation speaking up for exporters and importers as cargo owners in international supply chains and trade procedures. Its members are national and regional shippers’ associations representing hundreds of manufacturing, wholesaling, and retailing businesses in over 20 countries across five continents. GSF works for safe, competitively efficient, and environmentally sustainable global trade and logistics.

Filed Under: Global Shippers Forum

Industry bodies unite in producing Guidelines for safe transport of Lithium-ion batteries in containers

March 29, 2023 by

First in a series of in-depth advisory publications aimed at minimising the risks of transporting lithium-ion batteries and cells launched amid heightened concern over container fires

London, 28th March 2023

The Lithium-ion Batteries in Containers Guidelines seek to prevent the increasing risks that the transport of lithium-ion batteries by sea creates, providing suggestions for identifying such risks and thereby helping to ensure a safer supply chain in the future.  Together with its partners, the Cargo Incident Notification System Network (CINS) has compiled a comprehensive publication covering the properties of these batteries and their potential to explode, initiate fires and emit toxic gases.

Extensive measures to safely transport what is an exponentially increasing volume of lithium-ion batteries, in their various states or charge and when also contained in electronic devices are fully examined including, classification and regulation, container packing, landside storage, stowage onboard ships, incident detection and fire suppression, and loss prevention and risk mitigation.

“We strongly urge all stakeholders in the production, supply, transport, handling and sale of lithium-ion batteries whether as individual components or integrated into an electronic device, vehicle or other product to recognise their responsibilities in maximising safety when in transit,” comments Dirk Van de Velde, who is Deputy Chair of CINS and a board member of the association of cargo handlers, ICHCA. “Our Guidelines will create greater awareness of the possibilities of the damaging and life-threatening incidents, which have already occurred, and instil more urgent motivation to act before more catastrophic disasters result.”

Intended as the first of an on-going series of publications to be updated as circumstances require this first, Lithium-ion Batteries in Containers Guidelines (101.A) provides a general overview, and will be followed by three further documents – regulatory compliance check-lists, risk assessment and emergency response, and training and educational awareness. Stakeholders in the supply chain are encouraged to implement the advice according to their specific operations and requirements but to always keep safety of life as their primary consideration.

“As our experience of transporting lithium-ion batteries widens and the technology surrounding their chemical composition, production and application rapidly evolves, risk controls and loss prevention measures need to keep pace.  The work encapsulated in these Guidelines will, of necessity, continue and be undertaken in collaboration with all relevant stakeholders to increase our knowledge and understanding of the risks posed by carriage of lithium – ion batteries in containers by sea.  This publication follows on from a very successful one day Conference held on 15th March by the IG P&I Clubs, CINS, TT Club to bring all parties together to discuss such risks and to share knowledge and experience of carriage across the logistics supply chain” underlines Mark Smith, Loss Prevention Executive NorthStandard, International Group of P&I Clubs’ representative on the CINS LiB WG.

The document can be reviewed in full HERE

Peregrine Storrs-Fox, Risk Management Director at freight transport insurer TT Club concludes, “As the pressure on all forms of economic activity for decarbonisation increases, the use of these batteries will inevitably escalate at rates we have previously not experienced.  Air transport has been heavily restricted already and it is clear that surface modes will be called upon to transport these goods.  As an adaptable unit, the container will remain a focal point for safe transport, including for EVs alongside other vehicle carriers.  The intermodal nature of containers means more actors other than shipping lines, be they manufacturers, packers, forwarders, logistics operators, warehouses and cargo handlers must all be cognisant of the safety issues we are addressing and play their part in ensuring the risks are properly managed.”

About CINS — Cargo Incident Notification System

CINS is a shipping line initiative, launched in September 2011, to improve safety in the supply chain, reduce the number of cargo incidents on-board ships and on land, and highlight the risks caused by certain cargoes and/or packing failures. Membership of CINS comprises over 80 percent of the world’s container slot capacity, together with the Members of the International Group of P&I Clubs.

CINS provides analysis of operational information on cargo and container incidents which lead to injury or loss of life, loss or serious damage of assets, environmental concerns. Data relating to any cargo incident on-board a ship is uploaded to the CINS database. The data includes information on cargo type, nature, packaging, weight; journey (load and discharge ports); type of incident and root cause.  The Technical Advisory Committee is a CINS committee that includes Members of CINS and leading professional experts in relevant fields.

About ICHCA International

Established in 1952, ICHCA International is an independent, not-for-profit organisation dedicated to improving the safety, productivity and efficiency of cargo handling and movement worldwide. ICHCA’s privileged NGO status enables it to represent its members, and the cargo handling industry at large, in front of national and international agencies and regulatory bodies, while its Technical Panel provides best practice advice and develops publications on a wide range of practical cargo handling issues.


Operating through a series of national and regional chapters, including ICHCA Australia, ICHCA Japan and plus Correspondence and Working Groups, ICHCA provides a focal point for informing, educating, lobbying and networking to improve knowledge and best practice across the cargo handling chain.

www.ichca.com

About the International Group 

The 12 P&I Clubs which comprise the International Group (the “Group”) between them provide marine liability cover (protection and indemnity) for approximately 90% of the world’s ocean-going tonnage.

Through the unique Group structure, the member Clubs, whilst individually competitive, share between them their large loss exposures, and also share their respective knowledge and expertise on matters relating to shipowners liabilities and the insurance and reinsurance of such liabilities.

Each Group Club is an independent, not-for-profit mutual insurance association, providing cover for its shipowner and charterer members against third party liabilities arising out of the use and operation of ships. Each Club is owned by its shipowner and charterer members, and its operations and activities are overseen by a board of directors, or committee, elected from the membership. The day-to-day operations of the Clubs are handled by professional managers, either “in-house” or external, who are appointed by and report to their Club board/committee.

The Clubs cover a wide range of liabilities, including loss of life and personal injury to crew, passengers and others on board, cargo loss and damage, pollution by oil and other hazardous substances, wreck removal, collision and damage to property. The Clubs also provide a wide range of services to their members including claims handling, advice on legal issues and loss prevention, and they regularly play a leading role in coordinating the response to, and management of, maritime casualties.

https://www.igpandi.org/

About TT Club

TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry. TT Club’s primary objective is to help make the industry safer and more secure. Founded in 1968, the Club has more than 1,100 Members, spanning container owners and operators, ports and terminals, and logistics companies, working across maritime, road, rail, and air. TT Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. It retains more than 93% of its Members with a third of its entire membership having chosen to insure with the Club for 20 years or more.

www.ttclub.com

Filed Under: ICHCA, TT Club

“K” Line : NEDO Demonstration Project: Demonstration Test Ship for Liquefied CO2 Transportation has been Launched.

March 28, 2023 by

The launch ceremony for the liquefied CO2 transportation demonstration test ship was held today, 28th March 2023 at the Shimonoseki Shipyard of Mitsubishi Shipbuilding Corporation (Mitsubishi Shipbuilding”).

At the launch ceremony, participants from related organizations including the Ministry of Economy, Trade and Industry, NEDO (the New Energy and Industrial Technology Development Organization) and the ship owner, Sanyu Kisen were on hand to offer their congratulation for the safe launch of the ship. The ceremonial rope was cut by Mrs. Noriko Ishizaki, the wife of the Nippon Gas Line Co., Ltd. (NGL, in charge of management and operation of the demonstration test ship) representative while all participants looked on.

This demonstration test ship hull will be equipped with the liquefied CO2 tank system researched and developed by the Engineering Advancement Association of Japan (ENAA). After completion, the demonstration test ship will be engaged in liquefied CO2 transportation for the CCUS R&D and Demonstration Related Project, the Large-scale CCUS Demonstration in Tomakomai, the Demonstration Project on CO2 Transportation, the R&D and Demonstration Project for the Marine Transportation of CO2 (hereinafter the “Demonstration Projects”) which have been conducted by NEDO since June 2021.

ENAA, Kawasaki Kisen Kaisha, Ltd. (“K” LINE), NGL, and Ochanomizu University will accelerate their research and development of the LCO2 transportation technology and contribute to the reduction of the cost of CCUS technology and realization of LCO2 safe large-scale long-distance transportation.

ENAA has been engaged in research and development towards the operation of a demonstration ship equipped with a liquefied carbon dioxide ship tank system, and it will continue to be responsible for the planning, analysis and supervision of the demonstration test.

“K” LINE carried out a risk assessment of the demonstration test ship in the safety evaluation in 2022 and will contribute to the development of an operation manual for the demonstration vessels.

NGL is proceeding with the planning of the management and operation of the demonstration vessel. In addition, NGL is conducting a case study of its own LPG vessel in preparation for the measurement of data related to the temperature, pressure, flow, etc. of the CO2 on the demonstration vessel.

Ochanomizu University conducts fundamental research on the control of the state of carbon dioxide (phase changes) and provide the information necessary for safe transportation studies.

ENAA, “K” LINE, NGL, and Ochanomizu University will contribute to the realization of a carbon neutral society through this demonstration project.

General Specifications

Cargo tank capacity:        1,450 m3

Overall length:                   72.0 m

Breadth:                               12.5 m

Draft:                                    4.55 m

Related releases

June 22, 2021: Participation in R&D and demonstration project for CO2 marine transportation

https://www.kline.co.jp/en/news/carbon-neutral/Liquefied_gas8511561127992992679/main/0/link/210622EN.pdf

February 2, 2022: NEDO Demonstration Project: The World’s First Demonstration Test Ship for Liquefied CO2 Transportation to be Built

https://www.kline.co.jp/en/news/carbon-neutral/Liquefied_gas-7680599579843084358/main/0/link/220202EN.pdf

October 7, 2022: NEDO Demonstration Project: Demonstration Test Ship for Liquefied CO2 Transportation has broken ground

https://www.kline.co.jp/en/news/carbon-neutral/carbon-neutral-239031784827641936/main/0/link/221007EN.pdf

Filed Under: "K" Line

“K” Line : Notice Regarding the Status and Completion of Own Share Repurchase

March 27, 2023 by

“K” Line Tokyo Head Office issued the following press releases today:

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

This press release is available on the website both in English and Japanese. 

Filed Under: "K" Line
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