Tag: K Line

COSCO,K LINE,YANGMING,HANJIN and EVERGREEN LINE announced that the five parties have agreed in principle to establish a shipping alliance

Kawasaki Kisen Kaisha, Ltd. ("K" Line) announced it has just launched "DRIVE GREEN PROJECT" in order to pursue environmental protection and energy savings with the world's most advanced technologies to be integrated on the 7,500-unit Car Carrier on order with Japan Marine United Corporation as Flag Ship of this project that includes constructing total of 8 new similarly-designed PCC's announced in press releases in late 2013 and earlier this year

The Federal Maritime Commission announced compromise agreements reached with two common carriers operating pure car carriers (PCCs) and roll on/roll off (RO/RO) vessels in U.S. inbound and outbound trades.

'K' Line orders widest car carriers ever built with optimum fuel consumption

Japanese Carriers Cite Tough Times In Shipping

Collaboration with Shell, BP, Maersk, Stena NYK, K Line, Mitsui OSK Lines Today, Shell, BP, Maersk, Stena and the Japanese shipping companies NYK, MOL and "K" Line have announced their joint collaboration with the United Nations Development Programme (UNDP) to support job creation and capacity building projects in Somalia.This collaboration between leaders in the shipping industry and UNDP is the first step in an initiative, launched in February 2012, to promote rebuilding of a stable Somalia and thus reduce the risk of piracy to seafarers in the Indian Ocean.The UNDP will support this effort, which will provide employment opportunities in local communities and contribute to the safety of merchant shipping in the region.The UNDP has a strong presence in coastal and city centers in Somalia and the objectives of the shipping industry partners are closely aligned with those of the UNDP's "Alternative Livelihoods to Piracy in Puntland and Central Regions" project.The UNDP will focus on supporting long-term youth employment with the aim of providing viable employment alternatives to piracy for Somalia's youth in the agriculture, livestock, and fishing industries. For example, this funding will support the creation of a business development center for local entrepreneurs. The funding will also help ...

Cosco, K Line, Yang Ming, Hanjin and Evergreen Line join forces Cosco, "K" Line, Yang Ming, Hanjin and Evergreen have agreed to initiate individual cooperative arrangements on Asia-Europe trades starting from April 2012 as announced last December.This cooperation between the four CKYH Lines and Evergreen Line is designed to offer customers best sailing frequency, transit time and service coverage so as to fulfill customers' needs.These bilateral arrangements will be implemented in 8 weekly services for Asia - North Europe and 4 for Asia - Mediterranean including direct services for Asia - Adriatic regions calling Rijeka, Koper and Trieste.Especially, weekly services for Asia - North Europe, which in fact, offer the highest frequency in the market, will also provide very attractive transit times from Asia to major European ports including Rotterdam, Hamburg and Felixstowe (i.e. 26-27 days from Shanghai/Ningbo and 23-24 days from Yantian).The majority of the fleet operated in these total twelve loops will be ranging from 8,000TEU to 13,000TEU sizeSource: K Line

Japanese shipping groups K Line and MOL have joined the growing list Japanese shipping groups K Line and MOL have joined the growing list of carriers that sailed into the red in 2011. K Line recorded losses of 42.16 billion yuan (US$542.4 million) in the first nine months of its financial year.The line has revised its forecast for the full year (made at the end of October) from a loss of 32 billion yuan to one of 54 billion yuan. In the nine-month period, revenue fell 3.8%, compared with the same period last year, to 732.88 billion yuan , but its operating result (ebit) before exceptional items crashed from a profit of 62.3 billion yuan to a loss of 31.6 billion yuan.K Line blamed the economic slowdown, increased fuel prices, the high value of the yen and an excess of capacity.In its forecast for the remainder of the financial year, to 31 March, K LIne said: "The container business will remain uncertain for the time being because of the sluggish global economy."Over the first three quarters of its financial year, which also started on 1 April 2011, MOL group revenue fell 9% on the same period in 2010, to 1.07 ...

Class NK also issues MLC Certification ClassNK announced yesterday that it had issued generic training course approval to an Electronic Chart Display and Information System (ECDIS) course offered by K Line Maritime Academy (Philippine) (KLMA (Phili)), a group company of Kawasaki Kisen Kaisha, Ltd. The approval, which certifies that this course complies with International Maritime Organization (IMO) standards and the leading classification society's new Standard for Maritime Education & Training, is the first of its kind issued by ClassNK in the Philippines.ClassNK also issued certification for seafarer recruitment and placement service providers in line with the Maritime Labour Convention 2006 (MLC 2006) to another member of the "K" LINE Group, Manila-based manning company Ventis Maritime Corporation (VMC). The approval confirms the company's conformance with the standards set forth in Regulation 1.4 (Recruitment and Placement) of the MLC 2006 which was adopted by the International Labour Organization (ILO) in 2006 to help ensure the safety and protect the rights of seafarers. New requirements for the installation of ECDIS systems are due to be phased in from July of this year. Under these requirements, it will become mandatory for vessels to use ECDIS as their primary means of navigation. In line with ...

MV Dalian Highway The Roll-on/Roll-off (Ro/Ro) Vessel, MV Dalian Highway of "K" Line (Kawasaki Kisen Kaisha, Ltd.), made its maiden call at the Guide Pier of Sri Lanka Ports Authority (SLPA) on 21 December. Established in 1919 and having multiple business lines in Marine, Land and Air transportation areas, 'K' Line provides safe and speedy car transportation services as a pioneer in the business of owning and operating car carriers. 'K' LINE has always endeavoured to innovatively reinforce its car carrier fleet with environmental considerations and to deliver their service in the handling of complete cars free of damage at all times during loading, discharging as well as ocean navigation.'K' Line has also succeeded in adopting an electronic control engine onboard a car carrier for the first time in the world, a state-of-the-art technology which contributes greatly to reduce emissions of NOx, CO2 and Particulates during low load operations.'K' Line has also focused on recent trends in automobile manufacturing industries around the globe. With production sites being shifted from traditional vehicle-producing countries to emerging industrial countries, logistics in the transport of complete cars is being more widely globalised. With a view to positively responding to these ineluctable changes, 'K' Line ...