Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Daito Corporation will launch “K” LINE Group’s first finished-vehicle terminal in Japan.
The Competition Commission of India or the CCI has penalized four maritime transport firms – K-Line, NYK Line, NMCC, and Mitsui MOL for indulging in cartelization and violation of maritime motor vehicle transport services to automobile OEMs for different trade routes.
ClassNK has issued an Approval in Principle to Kawasaki Kisen Kaisha (“K” LINE) and Shin Kurushima Dockyard for their jointly developed design of an ammonia-fuelled PCC.
“K” Line and KHI announced that they have concluded a co-development contract for “AI-based Marine Machinery Operation Support System” that is expected to be part of the core technology to achieve autonomous vessel operation in the future.
“K” LINE has successfully separated and captured CO2 from the exhaust gas emitted from the vessel, coal carrier “CORONA UTILITY”, which has been installed the “CC-OCEAN” project for the verification of CO2 capture plant onboard.
“K” LINE has signed “Transition Linked Loan (TLL)” with syndicated lenders, arranged by MHBK, in accordance with the “Transition Linked Finance Framework” which is based on “K” LINE Environmental Vision 2050, announced September 6th, 2021.
“K” LINE has decided to procure eight 7,000 units class car carriers fueled by LNG by FY2023 to FY2025, following our first LNG-fueled vessel, “CENTURY HIGHWAY GREEN” which was delivered on March 12, 2021.
“K” LINE has arranged an operating lease for the Next-Generation Environmentally-Friendly LNG-fueled Car Carrier through Climate Transition Loan with Mizuho Bank Ltd.
Mitsubishi Shipbuilding has been working in cooperation with “K” Line and ClassNK, to conduct test operations and measurements for a small scale demonstration plant of the “Marine-based CO2 Capture System”, in order to verify the equipment’s use.