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Line Group News

16 Mar 2023

Bibby Marine Appoints Woodcock as Non-executive Director

Howard Woodcock (Photo: Bibby Marine)

U.K. based vessel owner and operator Bibby Marine announced it has appointed Howard Woodcock as non-executive director.Howard has more than 35 yearsā€™ experience across the maritime and offshore energies sectors, having held senior executive roles with United Offshore Support (GmbH) and Bibby Offshore Holdings Limited, in addition to non-executive directorships with Aberdeen Harbor Board, Costcutter Supermarkets Group, IndoChina ShipManagement UK Ltd and AWSR Shipping Limited.In his most recent roleā€¦

29 Jan 2020

DCSA Sets Track and Trace Standards

The Digital Container Shipping Association (DCSA), a non-profit group of nine major ocean freight carriers, published track and trace standards in an effort to unify information sharing and further digitalization goals."This is the first of many initiatives to be put forth by DCSA to transform inefficient practices and accelerate digitization through a unified industry effort," said the Container line group.Carriers, shippers and third parties can use track and trace standards to "enable cross-carrier shipment tracking" and can download the standards from the DCSA website, DCSA said.The data model ensures track and trace data definitions are consistent for all usersā€¦

29 Nov 2019

K Line, FueLNG Team-up on LNG Bunker

Japanese shipping firm Kawasaki Kisen Kaisha (K Line) has announced that it has concluded a ship management agreement with FueLNG Pte Ltd for a 7500 m3 LNG bunkering vessel (LBV).FueLNG will own and operate the vessel, as well as carry out all commercial operations, said K Line press statement.The partnership will combine K Lineā€™s extensive ship management and LNG transportation experience with FueLNGā€™s LNG bunkering expertise, which includes more than 160 truck-to-ship LNG bunkering operations conducted to-date. This will provide a reliable, expedient and seamless bunkering process for FueLNGā€™s customers.The LBV is expected to commence LNG-bunkering service in Singaporeā€¦

28 Oct 2019

"K" Line Secures Woodchip Carrier Contract

Kawasaki Kisen Kaisha, Ltd. (ā€œKā€ 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 2020ā€¦

16 Oct 2019

Bibby Marine Appoints Samuels as CEO

Helen Samuels  (Photo: Bibby Marine Ltd)

Leading marine asset company Bibby Marine Ltd has appointed Helen Samuels as Chief Executive Officer to lead the company into its next phase of development.Helen Samuels will join the Group in January 2020 from Network Rail, where she currently holds the position of Engineering Director for their $6.4bn pa national capital program. Prior to this Samuels worked as Engineering Director for United Utilities, and also held a series of senior positions at Halcrow/CH2MHill (now Jacobs) including Operations Directorā€¦

07 Oct 2019

K Line to Promote AI in Shipping Industry

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. This data is being applied in a variety of ways.Additionallyā€¦

01 Apr 2019

K Line Gets $406M Loan

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, 2019, the K Line  group has been developing its core businesses through the ongoing rebuilding portfolio strategy, with an aim to expand the stable income business and achieve a sustainable growth.

07 Jun 2018

ā€œKā€ Line Group Holds Environmental Awards 2018 Ceremony

Kawasaki Kisen Kaisha (ā€œKā€ Line), one of the largest Japanese transportation companies, held the Award Ceremony for ā€œKā€ Line Group Environmental Awards 2018 on June 5, 2018. According to a company press release, the awards were established to honor and give recognition to outstanding environmental-preservation-contributive activities addressed by executives and employees working throughout the ā€œKā€ Line  Group pursuant to the direction developed in  ā€œKā€ Line Environmental Vision 2050. This year, which marked the 4th time since establishment of the awards in 2015, we also accepted many entries from our group companies both in Japan and overseas.

17 May 2018

K Line Acquires Statement of Conformity for Environmental System

Kawasaki Kisen Kaisha ("K" Line) and some of its group companies recently acquired a ā€œStatement of Conformityā€ for its environmental system, ā€œDrive Green Networkā€ (DGN), for pushing forward group-wide environmental management in consequence of a conformity audit by a third-party institution (DNV-GL). ā€œDGNā€ was started in June 2017 for continually improving environmental preservation activities while promoting the PDCA cycle function and ensuring environmental compliance throughout the entire K Line Group. "We strive for realization of a sustainable society as an entire group through individual efforts of each company in identifying and addressing environmental issues in their daily operations," a press release said.

19 Mar 2018

Sir Michael Bibby New President of UK Chamber of Shipping

Sir Michael Bibby was elected President of the UK Chamber of Shipping at the organisationā€™s Annual General Meeting in London. He becomes the Chamberā€™s 132nd president in its 140th year. John Denholm, chairman of J&J Denholm, was elected Vice-President at the meeting, which was attended by over 100 people from the Chamberā€™s member companies. Sir Michael is planning to step back from his position as Managing Director of Bibby Line Group during 2018 to allow him to better focus his time on external work interests, including his involvement with the UK Chamber. He used his inaugural speech as President to praise the Chamberā€™s rising political and media influence, and its success with the SMarT Plus campaign, a joint proposal with Nautilus that became Government policy in February.

01 Mar 2018

SEA\LNG Ties with Two More Japanese Members

SEA\LNG, the industry coalition aiming to accelerate adoption of liquefied natural gas (LNG) as a marine fuel, has added two more Japanese members: "K" LINE Group and Uyeno Group. ā€œKā€ LINE and Uyeno Group bring valuable insight from the thriving LNG value chain in Japan and elsewhere, and their acceptance into the coalition is demonstrative of SEA\LNGā€™s commitment to facilitating further growth in the region. Peter Keller, SEA\LNG chairman and executive vice president, Tote, said: ā€œCollaboration, demonstration and communication on key areas such as safety, regulation, emissions and the economic case for LNG are essential to strengthening the increasing confidence and demand required for an effective and efficient global LNG value chain by 2020.

06 Sep 2017

K Line to Develop Japanā€™s First LNG-Fueled Ferry

Japan's shipper giant Kawasaki Kisen Kaisha (K Line) and Kawasaki Kinkai Kisen Kaisha (K Line Kinkai) will work on a joint study for what would be Japanā€™s first LNG-powered ferry. "K Line Kinkai and K Line) have agreed to work on joint study for K Line Kinkaiā€™s newbuilding passenger ferry being fueled by LNG, whose study includes specifications, engine types and any related technical verifications for LNG handling," said a statement from the company. K Line Kinkai has been studying introduction of a ferry fueled by LNG, an environmentally-friendly energy that could almost completely eliminates SOx emissions and also minimizes NOx and CO2 emissions to certain levelā€¦

06 Sep 2017

'K' Line Collaboration Eyes Japanā€™s First LNG-fueled Ferry

Kawasaki Kinkai Kisen Kaisha, Ltd. (ā€œKā€ Line Kinkai) and Kawasaki Kisen Kaisha, Ltd. (ā€œKā€ Line) have agreed to work on joint study for ā€œKā€ Line Kinkaiā€™s newbuilding passenger ferry being fueled by LNG, whose study includes specifications, engine types and any related technical verifications for LNG handling. ā€œKā€ Line Kinkai has been studying introduction of a ferry fueled by LNG, an environmentally-friendly energy that could almost completely eliminates SOx emissions and also minimizes NOx and CO2 emissions to certain level, and the recent collaboration with ā€œKā€ Line will accelerate this study in order to introduce Japanā€™s first passenger LNG-fueled ferry.

26 Jul 2017

Harren & Partner to Acquire SAL Heavy Lift

Bremen-based shipping company Harren & Partner and "K" Line, Tokyo, have reached an agreement for Harren & Partner to acquire German carrier SAL Heavy Lift today (27 July 2017). SAL will become the new dominant player in the super heavy lift segment (900 t to 2,000 t crane capacity). SAL Heavy Lift, founded in 1980 in the "Altes Land" area near Hamburg, is one of the world's leading carriers specialised in the sea transport of heavy lift and project cargo. Its offshore subsidiary, SAL Offshore, develops and supplies installation solutions for the oil & gas and renewables sectors. Part of the "K" Line Group since 2011, SAL has access to a highly flexible fleet of 15 heavy lift vessels and a worldwide network with offices and agencies in 25 countries.

24 Mar 2017

SOV Bibby WaveMaster 1 Launched

Bibby WaveMaster 1 (Photo: Damen)

The service operations vessel (SOV) Bibby WaveMaster 1 was officially launched at Damen Shipyards Galati in Romania on March 24. When completed, Bibby Marine Services Limited, part of Bibby Line Group, will deploy the vessel to support forthcoming offshore wind construction and O&M projects in the North Sea. Stephen Blaikie, Chief Executive Officer, Bibby Marine Services Ltd, said, ā€œThis is an important key milestone in the delivery of the vessel. Peter Robert, Director Business Development & Market Intelligence at Damenā€¦

25 Feb 2017

"K" Line Joins Indian National Shipowner's Association

"K" Line (India) Shipping Private Ltd (KLISP), affiliated company of Kawasaki Kisen Kaisha Ltd., joined Indian National Shipowner's Association(INSA) at the end of January 2017. KLISP was established in 2014 and actively participates in Indian Coastal Trade as well as International Trade business as an Indian Shipping company. In the same year, KLISP successfully entered into a long-term CVC contract with an Indian Charterer. From December 2016, KLISP acquired ownership of an Indian flag vessel, "GANGA K" (58,000DWT Bulk Carrier) for this contract, and by acquisition of this Indian flag vessel, KLISP was officially entitled to join INSA.

08 Mar 2016

V.Group Buys Bibby Ship Management

V.Group has acquired Bibby Ship Management, part of the Bibby Line Group, which has an established track record for providing high quality, safe and reliable ship management and support services to blue-chip clients. Bibby Ship Management services all types of vessels and has particular strengths in the management of offshore vessels. It also provides extensive crew management solutions, technical support services, marine travel, marine surveying, training and recruitment services. With 332 personnel in the UK, Isle of Man, Sweden, Ukraine, India, Philippines and Singapore, Bibby Ship Management complements V.Groupā€™s expertise in vessel management and support services across all vessel types.

05 Jan 2016

ā€œKā€ Line Group to Implement ā€œKā€ Line Wind program

ā€œKā€ Line Group (Kawasaki Kisen Kaisha)  taking steps to improve our corporate culture and climate through the ā€œKā€-no-Kazeā€ (ā€œKā€ Line Wind) program. Additionally, it is prepared a long-term policy for environmental conservationā€”called ā€œEnvironmental Vision 2050ā€ā€”to fulfill its responsibility to minimize our impact on the global environment. Early next month, DRIVE GREEN PROJECT, construction of a car carrier equipped with state-of-the-art technologies and designed to achieve the highest level of energy savings and environment-friendliness, is scheduled to be completed. "I believe this new vessel will become symbolic of our ideal of ā€œcontributing to affluent living as a globally trusted corporate group,ā€ Eizo Murakami, President & CEO, Kawasaki Kisen Kaisha, Ltd said.

05 Nov 2015

Global Shipping in Doldrums

Wells Fargo Securities says that headwinds face global shipping industry and the continued overcapacity means freight rate gains are less likely to stick. "Given the continued overcapacity headwinds and easing containerized trade demand, we believe these freight rate gains are less likely to stick, and we expect rates to remain under pressure as we approach the slack winter season, particularly following a muted peak season," says a report from Wells Fargo Securities, written by Michael Webber that appeared in the Forbes. Container Freight Rates Get Boost Amid November General Rate Increases, Will They Stick? Last week, the Shanghai Containerized Freight Index (SCFI) increased by 41.1% wk/wk (week-over-week) to $759/TEU (twenty foot equivalent unit)ā€¦

29 Sep 2014

Helgesson Tapped as Concordia Maritime CFO

Ola Helgesson, new CFO at Concordia Maritime AB

On 1 October, Ola Helgesson will take up the position of CFO at Concordia Maritime AB after having held the position of CFO at Stena Line group. Ola Helgesson has long experience as CFO at listed companies and solid knowledge of shipping. He also has a broad CFO profile with expertise in consolidated financial accounting, financing and investor relations. ā€œOla has many years of solid and differentiated background as CFO in several different industries. Personally, I am looking forward to inspiring cooperation in developing our existing and future businessā€ā€¦

01 Nov 2013

Bibby Ship Management 'Girl Power'

(l to r) Nicky Davenport, Jess Kramer, Sarah Ryan, and Sandra Corrigan

Intrepid trekkers ā€“ Jess Kramer, Sarah Ryan, Nicky Davenport and Sandra Corrigan have just arrived home from a trip of a lifetime. All four Bibby Ship Management (BSM) Isle of Man employees took part in the Bibby Line Group ā€˜Giving Something Backā€™ Dalai Lama Trek in India, in October. The five day trek saw the team reach an altitude of 3,500 meters, camping in some extreme weather, however with such a fantastic support crew keeping the team firmly on the ground the trip was a great success.

17 Mar 2014

Babcock Completes DSV Refit for Bibby

Bibby Polaris at Rosyth (Photo: Babcock)

Babcock has completed a contract to undertake a substantial refit on Bibby Offshoreā€™s dive support vessel (DSV), Polaris, at its Rosyth dockyard. The project was Bibbyā€™s largest ever refit package and underlines Babcockā€™s move to expand its role in the maintenance and refitting of complex oil and gas support ships. The Bibby Polaris vessel is one of Bibbyā€™s international fleet consisting of eight subsea support vessels, including the most modern fleet of DSVs in the North Sea.

26 Mar 2014

Carnival Reports Profit Slide in Q1 2014, Outlook Gloomy

Image courtesy of Carnival Corp.

Cruise line group Carnival Corporation announced non-GAAP net income of $2 million, or $0.00 diluted EPS for the first quarter of 2014 compared to non-GAAP net income for the first quarter of 2013 of $67 million, or $0.08 diluted EPS. On a constant dollar basis, net revenue yields (net revenue per available lower berth day or ā€œALBDā€) decreased 2.1 percent for 1Q 2014. Gross revenue yields decreased 1.9 percent in current dollars. Net cruise costs excluding fuel per ALBD increased 3.3 percent in constant dollars driven by higher advertising spend.