Kawasaki Kisen Kaisha News

06 Nov 2019

K Line Orders Newcastlemax

Image: K Line

Japanese shipping giant Kawasaki Kisen Kaisha (K Line) has placed an order for a 210,000 dwt bulk carrier at compatriot shipbuilder, Japan Marine United Corporation.The 108,900 gross ton vessel is being built for a consecutive voyage contract with JFE Steel and will be used to ship iron ore and coal. The newbuild is due for delivery in fiscal year 2021.The main features of this vessel will comply with NOx emission regulations (Tier III) and be equipped with SOx scrubber that removes…

06 Nov 2019

Newbuild Contract for 210,000 DWT Bulker

File Image: A typical "K" Line coal carrier (CREDIT: "K" Line

Kawasaki Kisen Kaisha, Ltd. has announced that construction contract for 210,000-dwt Bulk Carrier to be completed in 2021 fiscal year has been made with Japan Marine United Corporation.After delivery from the yard, the vessel will be put into a consecutive voyage as per contract signed with JFE Steel and will be engaged in iron ore and coal transportation.The main features of this vessel will comply with NOx emission regulations (Tier III) and be  equipped with SOx scrubber that…

28 Oct 2019

"K" Line Secures Woodchip Carrier Contract

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) announced that an agreement has been made with Nippon Paper Industries Co. Ltd., on consecutive voyage contract of new 3.6 million CFT woodchip carrier delivered in 2022. The carrier will be carrying woodchips for paper materials and woodchips for Biomass power generation business which will operate at Tomakomai in 2023.The Carrier will be equipped with the latest economical and environmental-friendly features. The carrier installs Hybrid fin behind the propeller to save energy and Ballast water treatment system to compliant with the ballast water discharging rules. Furthermore, for complying with the regulation of SOx global cap that will be enforced in all sea areas from January 2020…

07 Oct 2019

K Line to Promote AI in Shipping Industry

Pic: “K” Line

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has partnered with Hiroshima University, the National Institute of Maritime, Port and Aviation Technology and Marubeni Corporation to jointly work on research and analysis of maritime logistics and shipping market conditions using artificial intelligence (AI).In recent years, it has become possible to use comprehensive, chronologically ordered ship movement and static data, such as position (coordinate information), speed, direction, port of call and drafts, for ships with over 300 gross tonnage traveling internationally.

12 Sep 2019

K Line Takes Delivery Of Corona Citrus

Image: K Line

Japanese shipping giant Kawasaki Kisen Kaisha (K Line) has taken delivery of a 88,000 dwt coal carrier from compatriot shipbuilder Imabari Shipbuilding in Marugame.Named Corona Citrus, the vessel was delivered on September 11 for electric utility Electric Power Development Co. Ltd.The new Corona coal carrier will be principally involved in carrying thermal coal to thermal power plants for the company.Corona Citrus is equipped with WAD (Weather Adapted Duct) in front of the propeller which promotes her propeller efficiency and Hybrid Fin behind the propeller which accelerates energy savings…

04 Sep 2019

NYK Celebrates O3 Challenge

Photo: NYK

The “Ocean of Opportunities Challenge”  (O3 Challenge), a worldwide contest aimed at creating new value through open innovation in the maritime industry, has been successfully celebrated by NYK Group.This was the second consecutive year for the challenge, which is planned and conducted by NYK Group companies Symphony Creative Solutions Pte. Ltd. (SCS) and Ocean Network Express Pte. Ltd. (ONE), together with NUS Enterprise.The contest began in February with ONE issuing six challenges related to its work processes.

05 Aug 2019

K Line Wins AIP for New LNG-Fuelled Vessel

Pic: K Line

Japanese shipping major Kawasaki Kisen Kaisha (K Line) and the shipbuilding and repairing company Namura Shipbuilding have jointly received an Approval in Principle (AIP) for the concept design of an LNG-fueled ore carrier from DNV GL."Work on this joint project for the development of an LNG-fueled ore carrier has complied with both environmental and actual operation requirements as follows, based on the second generation WOZMAX of Namura Shipyard," said a press release from the provider of container…

02 Aug 2019

K-Line Guilty of 'cartel conduct'

File Image: a K Line coal Carrier (CREDIT: K Line)

Japanese shipping firm Kawasaki Kisen Kaisha Ltd (K-Line) was convicted of criminal cartel conduct and ordered to pay a A$34.5 million ($23.50 million) fine by a federal court, Australia's competition regulator said on Friday.K-Line’s fine is the largest ever criminal penalty imposed under the Competition and Consumer Act, according to the Australian Competition and Consumer Commission (ACCC).The company was found to have engaged in a cartel with other shipping companies in order to fix prices on the transportation of cars, trucks, and buses to Australia between 2009 and 2012, ACCC said.K-Line

27 Jul 2019

Corona Zenith Joins K Line’s Coal Fleet

Pic: K Line

Japanese ship owner Kawasaki Kisen Kaisha (K Line) has received its second Corona-class coal carrier, Corona Zenith, in a single month.The 88,000 dwt special coal carrier is built at the Marugame Shipyard of Imabari Shipbuilding Co Ltd in Japan, said a press release.Corona Zenith is same type as “K” Line’s specialized fleet for transport of thermal coal known as the “Corona-series.”The Corona-series consists of epoch-making coal carriers equipped with wide beam and shallow draft…

23 Jul 2019

K-Line's PCC Wins “Ship Heritage” Award

Toyota Maru No.10  (Photo: "K" Line)

Toyota Maru No.10, which was owned and operated by Kawasaki Kisen Kaisha, Ltd. (“K” LINE), has been selected by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE) through their “Ship Heritage” project in recognition of it having been Japan's first Pure Car Carrier (PCC).JASNAOE first introduced the “Ship Heritage” project in 2017 with the goal of honoring and giving recognition to vessels and vessel-related items that have historical, academic and/or technical value…

01 Jul 2019

“K” Line, Taipower, U-Ming, and Kuang Ming Establish JV

File Image: a K Line bulk coal carrier (CREDIT: K Line)

Kawasaki Kisen Kaisha, Ltd. ("K” Line), Taiwan Power Company (Taipower), U-Ming Marine Transport Corporation (U-Ming), and Kuang Ming Shipping Corporation (Kuang Ming) have agreed to establish a new joint venture shipping company, and jointly signed Memorandum of Understanding(MOU)in Taipei, Taiwan on July 1. This new joint venture will own both coal and LNG carriers, and operate them for transporting these raw materials to Taipower.

07 Jun 2019

"K" LINE Orders 50 AIRSEAS Automated Kites

After 2 years of close technical and business cooperation, Kawasaki Kisen Kaisha, LTD. (“K” LINE) announces a 20-year agreement with AIRSEAS to install and service one ship with Seawing, an automated kite based on parafoil technology used to tow commercial ship and reduce CO2 by 20% through wind propulsion. Once the first Seawing is successfully delivered, “K”LINE will contemplate to order up to 50 additional Seawing.“Seawing represents a breakthrough for our industry and for the environment.

01 Apr 2019

K Line Gets $406M Loan

Pic: K Line Europe

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has decided to raise JPY 45 billion (USD 406 million) through a new subordinate loan.According to a stock exchange annoucement, the loan proceeds will be used for the repayment of interest-bearing debts and capital expenditures mainly for vessels.The loan, valid from April 2019 through March 2054, has been agreed with lenders including Mizuho Bank, Development Bank of Japan and Sumitomo Mitsui Trust Bank."In addition to the business structural reforms set forth in the announcement dated March 7…

13 Feb 2019

Oceanic Breeze Brings LNG to Japan

LNG carrier Oceanic Breeze delivers Ichthys LNG cargo to Naoetsu LNG Terminal. Image: INPEX Corporation

Japanese energy company INPEX Corporation announced that the LNG Tanker Oceanic Breeze called for the first time at INPEX’s Naoetsu LNG Terminal located in Joetsu City, Niigata Prefecture, Japan.The tanker has delivered a cargo of liquefied natural gas (LNG) from the INPEX-operated Ichthys LNG project in Australia.Oceanic Breeze is owned by Oceanic Breeze LNG Transport S. A. (OBLT), a joint venture between INPEX Shipping Co., Ltd. (INPEX Shipping) (30%) and Kawasaki Kisen Kaisha Ltd.

01 Feb 2019

Kobe Steel, "K" Line to Study Shipboard PowerGen

The Corona Youthful (Photo: Kobe Steel)

As the shipping industry is pushed to dramatically reduced greenhouse gas emissions courtesy of mandate from the International Maritime Organization, a pair of Japanese companies have embarked on a study of efficient shipboard power generation.Kobe Steel, Ltd. will conduct joint research with Kawasaki Kisen Kaisha, Ltd. on a binary cycle power generation system currently under development. The binary cycle power generation system was installed on the coal carrier Corona Youthful.

27 Dec 2018

Great Ships 2018: World’s Largest MOSS Type LNG Carrier

Photos: Kawasaki Kisen Kaisha

Pacific Breeze, a 182,000 cu. m. capacity LNG carrier, is the world’s largest MOSS type LNG carrier ever constructed, built at Kawasaki Heavy Industries, Ltd., Japan (KHI). This capacity was achieved by extending the equatorial ring section of No. 3 and 4 cargo tanks by 1.6m in height from the conventional spherical shape, which increases approximately 5,000m3 from the second largest MOSS type LNG carrier constructed by KHI. Kawasaki Panel System was adopted for the thermal insulation system of the cargo tanks…

20 Dec 2018

PSA, ONE Launch Container Terminal in Singapore

Pic: Ocean Network Express

The global transport company Ocean Network Express (ONE) and PSA Singapore (PSA),the flagship terminal of the global port group PSA International, will join hands to form a joint venture  company  based at Pasir  Panjang Terminal in Singapore.Subject to regulatory approvals, the joint venture terminal is scheduled to commence operations in the first half of 2019 and operate four mega container berths with a combined annual handling  capacity of 4 million TEUs, said a press release from the global container shipping company headquartered in Singapore.Pasir Panjang Terminal…

15 Nov 2018

"K" Line Delivers Coal Carrier for JERA Trading

SHONAI MARU, (Photo: "K" Line)

Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called “K” Line) has announced the delivery of “SHONAI MARU,” a 100,000 DWT-type special coal carrier at Marugame Shipyard of Imabari Shipbuilding Co., Ltd., Japan on November 15, 2018.SHONAI MARU was jointly developed by Imabari Shipbuilding and “K” Line to maximize transport volume to the discharging port, Chubu Electric Power’s Hekinan Thermal Power Plant, Aichi prefecture in Japan. SHONAI MARU is so-called “Hekinan MAX.”SHONAI…

01 Nov 2018

ONE Drags Down NYK Line Earnings

Image: Ocean Network Express (ONE)

Container line joint venture Ocean Network Express (ONE) dragged down NYK Line in the first half of 2018 ended September 30 with with Japanese shipping group in the red.NYK Line reported a loss of JPY 9.7 billion for the six months ended September 30, compared with a JPY6.2 billion profit a year earlier. The consolidated revenues amounted to JPY 915.6 billion, down from JPY 1,064.2 billion in the same period of the previous fiscal year.The new shipping line ONE, which was established with the aim of integrating the container shipping business with those of Kawasaki Kisen Kaisha, Ltd.

17 Oct 2018

Ocean Express Network Incurs a USD600 mln Loss in First Year

Image: Ocean Network Express

Japanese carrier Ocean Network Express (ONE) is set to see losses spiral to $600m in its first year, says its revised consolidated business forecast for FY2018 (April 1, 2018 to March 31, 2019).The integrated container shipping operating company,  which was established by Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki Kaisha, said in a press statement that the loss is attributed to its struggle with a new information technology, staff shortages and a rapidly rising fuel costs.Singapore-headquartered ONE…

20 Aug 2018

Shipping Companies Recognized for Efforts to Save Whales

(Photo: NOAA)

NOAA presented awards to 13 global shipping firms for their commitment in helping prevent ship collisions with whales off the coast of California.The companies participated in a Voluntary Speed Reduction initiative by slowing their ships to speeds of 10 knots (about 11.5 mph) or lower while transiting vessel traffic lanes outside the Golden Gate during whale feeding season, from May through mid-November.The national marine sanctuaries of North-central California - Greater Farallones…

08 Aug 2018

K-Line Names Newly-Built LNGC For Jera “Enshu Maru”

Photo: Kawasaki Kisen Kaisha, Ltd.

Kawasaki Kisen Kaisha (“K” Line) and Tokyo Century Corporation held the naming ceremony for the newly-built liquefied natural gas (LNG) carrier for JERA Co at Sakaide Shipyard of Kawasaki Heavy Industries (KHI).The new vessel was given her name “Enshu Maru” by Chairman of the Board of Directors Akihisa Mizuno of Chubu Electric Power Co., Inc. “Enshu Maru” comes from the name of an old district in western Shizuoka Prefecture named “Tohtoumi” which is part of the service area of Chubu Electric Power Co.…

25 Jul 2018

ONE Accepts Delivery of 14,000 TEU Box Ship

ONE accepted delivery of One Minato on July 24 in Hiroshima, Japan (Photo: ONE)

Singapore headquartered container carrier Ocean Network Express Pte. Ltd. (ONE) has taken delivery of a new 14,000 TEU-class containership from Japanese shipbuilder Imabari Shipbuilding Co., Ltd, on July 24, 2018.The new ultra-large containership, One Minato, was built at Imabari’s Hiroshima yard and joins the ONE fleet under sublet from Kawasaki Kisen Kaisha, Ltd.

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