Transport communications

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Notice of the Establishment of a Holding Company of Consolidated Subsidiary of Kawasaki Kisen Kaisha Co., Ltd. (“K” LINE LOGISTICS, LTD.) and the Partial Transfer of the Company’s Shares to Kamigumi Co., Ltd. (2)

February 18, 2025 by

Kawasaki Kisen Kaisha, Ltd. (Head office: Chiyoda-ku, Tokyo, President & CEO: Yukikazu Myochin, hereinafter ““K” LINE”) and Kamigumi Co., Ltd. (Head office: Kobe City, Hyogo, President & CEO: Yoshihiro Fukai, hereinafter “Kamigumi”) concluded a share transfer agreement on September 27, 2024, under which “K” LINE would establish a holding company that would become the parent company of “K” LINE LOGISTICS, LTD. (hereinafter “K” LINE LOGISTICS) to which “K” LINE would transfer all of the shares of “K” LINE LOGISTICS held by “K” LINE, and “K” LINE would transfer 47% of the total shares of the holding company to Kamigumi.

“K” LINE today announces that it has established the holding company, in accordance with the details of the agreement. “K” LINE plans to transfer 47% of the total shares of the holding company established today to Kamigumi on April 1, 2025.

Outline of the Holding Company

Company NameKLKG Logistics Holdings, Co., Ltd.
Description of BusinessHolding Company of “K” LINE LOGISTICS, LTD.
Date of Share Transfer to KamigumiApril 1, 2025 (Plan)
Location of Head Office1-1, Uchisaiwaicho 2-chome, Chiyoda-ku, Tokyo, Japan
Shareholders and Share Ownership RatioAt establishment: Kawasaki Kisen Kaisha, Ltd 100%
From April 1, 2025: Kawasaki Kisen Kaisha, Ltd. 53%, Kamigumi Co., Ltd. 47%

<Reference>

News Release on September 27, 2024:

Notice of the Establishment of a Holding Company of Consolidated Subsidiary of Kawasaki Kisen Kaisha Co., Ltd. (“K” LINE LOGISTICS, LTD.) and the Partial Transfer of the Company’s Shares to Kamigumi Co., Ltd.

https://www.kline.co.jp/en/news/logistics/logistics-20240927.html

Filed Under: "K" Line

“K” LINE Group Exhibits at Wind Expo 2025

February 11, 2025 by

“K” LINE Group will participate in Wind Expo 2025 to be held from February 19th to February 21st at Tokyo Big Sight.

Co-operating with overseas partners who already have track records and know-how around offshore wind, “K LINE Group has been pursuing the best and creative solutions to the development of offshore wind supply chain in Japan and enhancing our capabilities to support such development.

As the first step, in September 2024, we have established a joint venture company, “EK Geotechnical Survey LLC” to service the offshore marine geo-survey sector with Japanese flagged geotechnical survey vessel “EK HAYATE”. *

“K” LINE, “K” Line Kinkai, “K” Line Wind Service, “K” Line Logistics and Daito Corporation will present their activities with ship models and movies at the booth. You are always welcome at our booth and for the seminar. Please visit us! 

* Released on October 3rd, 2024:

Establishment of a Joint Venture for Offshore Geo-Survey – Delivery of geo-survey vessel “EK HAYATE” to Japan-

https://www.kline.co.jp/en/news/carbon-neutral/carbon-neutral-20241003.html

Filed Under: "K" Line

“K” LINE Releases Video Update on Medium-Term Management Plan and 3Q FY2024 Results

February 11, 2025 by

“K” LINE Releases Video Update on Medium-Term Management Plan and 3Q FY2024 Results

A video explaining progress in implementing the medium-term management plan and results for the the third quarter of FY2024

https://www.kline.co.jp/en/corporate/kline_with.html

“K” LINE provides quarterly updates on the progress of its medium-term management plan through “K” Line With. Based on the FY2024 theme, “Steady Steps Toward Further Growth,” in addition to the video outlining the latest performance forecasts, it also focuses on three key aspects of the management plan: business strategy, functional strategy and capital policy. It offers detailed insights into the company’s initiatives and progress of the management plan, aiming to share this information with both internal and external stakeholders.

“K” LINE is implementing an offshore support vessel business for offshore wind power installations as part of its growth strategy to undertake low-carbon and decarbonization initiatives outlined in its medium-term management plan by leveraging “K” LINE Group’s unique strengths. This video details “K” LINE’s geotechnical survey in its offshore wind power supply chain*. It showcases the company’s commitment to contributing to decarbonization for society by offering a variety of services chosen by customers while striving for sustainable growth and enhancing corporate value.

“K” LINE has posted the video on its official website in addition to “K” Line With to make outside stakeholders more aware of the Company’s activities. “K” LINE also aims to deepen understanding of the medium-term management plan among business sites on land and sea within the Group, globally promote internal communication and information sharing, encourage a sense of solidarity as a source of the Group’s strength, and reinforce the foundation of its business operations.

(*)   “K” Line Wind Service, LTD. > Businesses > Offshore wind power operations

https://klinewind.jp/service/#wind

(A news release related to “K” Line With)

November 17, 2023: Sharing Information within the Group Using Video Communication Site for Employees “K” Line With

https://www.kline.co.jp/en/news/other/other-20231117.html

Filed Under: "K" Line

“K” Line : Change of Directors / Notice Regarding Partial Amendment to the Articles of Incorporation / Notice Regarding Extraordinary General Meeting of Shareholders

February 5, 2025 by

4 February 2025 : Please be advised that “K” LINE Tokyo Head Office published the following press releases today. 

・Change of Directors

・Notice Regarding Partial Amendment to the Articles of Incorporation

・Notice Regarding Extraordinary General Meeting of Shareholders

These documents are also available on their website both in English and Japanese.

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

Filed Under: "K" Line

“K “Line : Changes of Management / Notice on Changes of Chairperson of the Board, President & CEO and Representatives

February 5, 2025 by

4 February 2025 : Please be advised that “K” LINE Tokyo Head Office published the following press release today

・Changes of Management

・Notice on Changes of Chairperson of the Board, President & CEO and Representatives

These documents are also available on their website both in English and Japanese.

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

Filed Under: "K" Line

“K” Line : Financial Highlights for 3rd Quarter FY2024

February 5, 2025 by

4 February 2025 : Please be advised that “K” LINE Tokyo Head Office published the following press release today

・  Financial Highlights for 3rd Quarter FY2024

This document is also available on their website both in English and Japanese.

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

Filed Under: "K" Line

Accolades for Safety Innovation Extended

February 5, 2025 by

The long-running annual TT Innovation in Safety Award organized by international cargo handling association ICHCA will this year be presented to a greater number of varied innovators with both winner and highly-commended to be presented in each of four distinct categories.

London, 4th February, 2025

The enthusiasm with which the Award has been received since its inception in 2016 is evidenced by the consistent number of inspiring entries each year.  All deserve praise for the calibre of their innovation and for the passion for safety that they exhibit. Over the years a marked increase the diversity of the nature of innovative products, services and processes has been noted. 

This year therefore TT and ICHCA have decided to highlight both an Award winner and highly-recommend other in each of four categories. 

These are:

  • Use and application of data to create actionable insight
  • Learning technology and virtual simulation
  • Practical methods of making cargo handling safer
  • solutions that help segregate humans and operational machinery

TT’s Managing Director, Loss Prevention Mike Yarwood commented, “Such has been the high standard of entries in the past it has always been difficult to select a single one to receive the Award. As the diversity and quality  of safety innovations continue to be demonstrated across more varied technologies, operational environments and with managerial dimensions, more of these excellent entries deserve greater visibility. Hence our new categorisations to extend the limelight to a greater number of exceptional new ideas.”

While practical operational devices tended to be the focus of invention and improvement when the Awards were first introduced the intervening years have seen technology based solutions proliferate and advanced training and safety awareness programmes become increasingly effective.   

“Above all, we have seen increased emphasis on the critical importance of establishing a distinct safety culture throughout organisations,” pointed out ICHCA’s CEO Richard Steele.  “The advantages of improved safety are self-evident from the standpoint of the workforce but it’s important to remember that a well-run safety-conscious organisation is both efficient and sustainable. Running an organisation successfully and doing safety well require the same visibly felt leadership skills.”

This evolution in the nature of the Innovation in Safety Award is seen as a continuing development of TT and ICHCA’s goal to bring together as wide an audience of like-minded professionals as possible; in order to share experiences of both risks to safety and the successful problem solving innovations they have developed.  Thus encouraging scalability, adoption and adaption across the global cargo handling environment.

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 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 1200 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 97% 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

HPC Secures Project Coordination and Financial Management Role for Interreg “H2-Derivatives@BalticSeaPorts

January 28, 2025 by

Hamburg, 28 January 2024 – HPC Hamburg Port Consulting (HPC) has been awarded the contract to manage project coordination and financial oversight for the Baltic Sea Region Programme 2021-2027 funded initiative “H2-Derivatives@BalticSeaPorts” (H2Deri@BSP). This ambitious project, led by the Port of Hamburg Marketing (HHM), will run from March 2025 to February 2028 and aims to drive the adoption of hydrogen-based derivatives as cargo and maritime fuels across Baltic Sea ports.

©2022, Shutterstock. Licensed for unlimited web distribution only.

The transition to low- or zero-carbon fuels such as methanol and ammonia is critical for achieving sustainable shipping and energy supply within the Baltic Sea Region (BSR). However, port authorities, terminal operators, maritime fuel providers, and energy suppliers face significant knowledge and operational gaps. H2Deri@BSP addresses these challenges by developing market forecasts, investment models, bunkering technologies, berth mapping, and safety regulations to facilitate the handling of hydrogen derivatives.

As the selected contractor, HPC will oversee:

  • Project Coordination: Including project planning, progress monitoring, administration, and steering group support.
  • Financial Management: Ensuring transparent and accountable use of public funding, including financing, accounting, and reporting.

HPC’s involvement is a testament to its dual expertise: having coordinated Interreg projects since 1998 and its deep understanding of the maritime industry’s sustainability challenges.

Stefan Breitenbach, Head of Project Department at Port of Hamburg Marketing, remarked: “This project is fundamental for the maritime industry’s next decade, enabling ports to handle sustainable energy carriers and support alternative fuel bunkering. It also strengthens the Port of Hamburg’s integration within the Baltic region. With HPC as an experienced partner, we are confident that the project will deliver on its promises.”

Hartmut Beyer, Head of Co-Funding Management at HPC, added: “We are proud to support our partners on this journey to advance alternatives to fossil fuels. HPC’s role combines decades of project development and coordination experience with a profound understanding of port operations and sustainability issues.”

A Comprehensive Baltic Sea Partnership

H2Deri@BSP is a collaborative effort led by the experienced lead partner, Port of Hamburg Marketing (HHM). The initiative brings together 15 project partners from seven Baltic Sea Region countries, including public port authorities, energy providers, and liquid bulk terminal operators. Additionally, the project is supported by 23 associated organisations with diverse competencies, all contributing to addressing the challenges of green hydrogen derivatives.

This diverse consortium will collaboratively develop solutions to accelerate the adoption of hydrogen derivatives, showcasing proofs of concept and creating a scalable roadmap for green energy transformation in ports. The results of the project will be disseminated widely to ensure applicability across EU regions, facilitating the transition to sustainable energy systems both landside and seaside.

HPC’s Role

HPC played a pivotal role in developing the project proposal in collaboration with the project partners, securing EU funding, and successfully winning the competitive public tender for project management. By leveraging its extensive consultancy experience and strong network in the port industry, HPC ensures that project deliverables will support a smooth transition to sustainable energy use across the BSR.

The project’s results will be shared to benefit all EU regions, facilitating faster adoption of green technologies and contributing to significant CO2 reductions. H2Deri@BSP exemplifies how collaborative efforts can lay the foundation for a zero-emission future in maritime transport.

Filed Under: HPC Hamburg Port Consulting

TT Club : Continued growth in risk to inland waterway operations: Climate change resilience measures required

January 28, 2025 by

There are alarming warning signs says international freight and cargo handling insurer TT Club, that severe climatic events are already impacting inland waterway operations; these impacts are widely forecast to get worse in the future.

 London, 27th January 2025

2024 was the hottest year on record globally.  Reinsurer Swiss Re reported natural catastrophe losses exceeding US$100 billion for the fifth year in succession and with thirty-seven events recording losses over US$1 billion the prior year as reported by the Financial Times, from extreme weather.  Estimates forecast that insured losses could double within the next ten years.

In 2024 European waterways continued to  experience significant disruption to cargo transport.  In June the Rhine suffered from extreme weather conditions with torrential rain leading to severe flooding in southern Germany. Cargo handling was interrupted to/from Switzerland and caused substantial delays in inland traffic between the Lower and Upper Rhine.

Conversely, increased droughts have led to record low water levels on major rivers with some vessels carrying only 25% of their usual load to avoid running aground and causing delays. Shipping lines have had to switch cargo from river to rail to maintain connections between industrial regions and the ports.

“Climate change effects on river navigation are significant as it is highly sensitive to changes in weather patterns and long-term climate trends,” says Neil Dalus from TT’s Loss Prevention Department. “This challenge highlights the vulnerability of Europe’s inland waterway transport system, emphasizing the need for infrastructure improvements, planning for risk mitigation and workforce training to ensure operational resilience.”

TT’s historical data points to an continuing rise in claims from weather-related losses over the last ten years.  These result from numerous types of damage from navigational and berthing accidents to collapse of cranes and port equipment collisions to container stacks blowing over, and of course flood damage to buildings and infrastructure.

Uninsured and consequential losses can also be costly reports Dalus, “As a result of operational delays reputational damage can occur.  Emergency supplies and additional labour costs can accrue and increased maintenance, training and management downtime have to be factored in.”

TT is determined to emphasise the need for a focus on climate change resilience measures; to sharpen detailed awareness of such risks that, with undeniable global warming are clearly set to increase.  Additionally as a mutual insurer TT will work in assisting inland waterway operators to devise loss prevention strategies to help minimise the future costly consequences of weather-related incidents.

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. The Club’s services include specialist underwriting, claims management and risk and loss management advice, supported by a global office network. TT Club’s mission is to make the industry safer, more secure and more sustainable. 

Established in 1968, TT Club currently services more than 1400 Members – container owners, operators, ports, terminals and logistics companies. Its membership covers the entire logistics journey, working across maritime, road, rail, and air ranging from some of the world’s largest logistics operators to smaller, bespoke companies managing similar risks. The Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. Its average annual customer retention rate is consistently over 95%, with some Members having chosen to insure with the Club for over 50 years. 

TT Club is managed by Thomas Miller – an independent and international provider of insurance, professional and investment services.

www.ttclub.com

Filed Under: TT Club

GEODIS’ climate commitments validated by the Science Based Targets Initiative (SBTi)

January 13, 2025 by

GEODIS is pleased to announce that the SBTi has approved its near-term science-based emission reduction target.

The SBTi approval acknowledges GEODIS’ commitment to addressing climate change and confirms that the Group’s strategy aligns with the 2015 Paris Agreement, seeking to limit global temperature rise to 1.5°C by the end of this century.

  • On scope 1&2, GEODIS has committed, from a 2022 base year to:
    • An absolute reduction of 42% greenhouse gas emissions (GHG) related to energy consumption by 2030.
  • On scope 3, GEODIS has 4 near-term targets within the same timeframe (2022-2030):
  • An absolute reduction of GHG emissions from fuel and energy related activities not included in scope 1 & 2  of 25%.
    • An intensity reduction objective of 25% GHG emissions per tkm from subcontracted container shipping, road[1], and rail operations, covering upstream transportation and distribution.
    • A further absolute reduction of scope 3 GHG emissions from upstream transportation and distribution of 25% (air transportation).
    • And finally, an absolute reduction of 42% GHG emissions for the use of sold products[2].

[1] Heavy freight trucks, medium freight trucks.

[2] Which for GEODIS is currently limited to sold fossil fuels.

These objectives frame the Group’s comprehensive strategy to drive decarbonization across all business areas and regions. The Group’s expertise, strategic partnerships, innovation, and commitment to continuous improvement are key enablers of this strategy, which focuses on achieving measurable progress in reducing emissions.

“In receiving this validation from the SBTi, we reinforce our determination to contribute meaningfully to the fight against climate change,” said Marie-Christine Lombard, CEO of GEODIS. “Sustainability is at the heart of our long-term strategy, and we believe that our social and environmental commitment will benefit not only our operations but also the customers, partners and communities we serve.”

The company has mapped out clear decarbonization pathways for each line of business, with a special focus on transitioning its own fleet to alternative energy sources and selecting partners acting in the same direction. This means speeding up the ramp-up of electric technology, bio-sourced fuels and building the necessary infrastructure to support these changes.

“In addition to transforming our own fleet, we are committed to reducing emissions across all forms of transport in our operations,” said Virginie Delcroix, Executive Vice President of Sustainability at GEODIS. “By using the best transport mode combination, increasing the use of sustainable marine and aviation fuels, and by optimizing the efficiency of all transport resources, we support our customers in meeting their own climate goals. We are proud to have our targets validated by the SBTi. This important milestone reflects our leadership and commitment in this critical transition.”

GEODIS’ climate action extends beyond fleet decarbonization. It includes an ambitious plan to reduce carbon emissions at company sites by 2030, targeting a 40% improvement in energy efficiency and ensuring that at least 90% of energy used comes from low-carbon sources. All new site projects incorporate stringent environmental criteria.

To ensure the long-term success of these initiatives, GEODIS leverages digital tools for optimizing routing, loading, and energy efficiency, and continuously drives awareness campaigns to empower its teams with climate knowledge. The company’s leadership team is directly involved with climate-related criteria already integrated into senior executives’ variable compensation. Environmental factors are also considered in key decision-making processes, such as investments and acquisitions.

Through these measures, the Group demonstrates its commitment to addressing climate change and contributing to international efforts to reduce global emissions.

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. 

[1] Heavy freight trucks, medium freight trucks.

[2] Which for GEODIS is currently limited to sold fossil fuels.

Filed Under: GEODIS
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