.2 carbon intensity of international shipping to decline
to reduce CO2 emissions per transport work, as an average across international shipping, by at least 40% by 2030, pursuing efforts towards 70% by 2050, compared to 2008....
And from World Maritime News:
As such, the company revealed its commitment to the LNG + (plus) strategy as part of its plans to reduce its greenhouse gases (GHG) and meet its Environmental Vision 2050 in line with the mounting pressure to cut the global CO2 emissions.Relatedly, the company has a couple recent press releases:
K Line already announced the construction of an LNG-powered car carrier at the end of last year and its participation in an LNG fuel supply business in Singapore with Shell in addition to the launch of a joint venture in the Chubu Region.
“However, we cannot reach IMO’s 2030 targets by simply switching diesel oil to LNG fuel; on top of that, we must continue to study new technologies as “LNG + (plus)”, such as the self-flying energy kites announced last year that utilize wind power. Furthermore, in order to reach our 2050 goals, we will accelerate research in alternative fuels such as ammonia, and methanation fuels in addition to hydrogen, participated in demonstration of shipping liquefied hydrogen through HySTRA in last November,” Yukikazu Myochin, President & CEO at K Line said.Looking back on 2019, Myochin said that the company focused its efforts on recovering the fleet’s cost competitiveness through structural reforms set into motion by former President Murakami at the end of FY2018, improving profitability in the company’s car carrier business, and driving a turnaround of OCEAN NETWORK EXPRESS (ONE).
“As a result of these efforts, as well as efforts to accumulate profits based on our medium and long-term contracts and reduce operating expenses, we were able to achieve more progress in the first half of the year than originally planned,” he said.
Moving forward into the next decade, K Line plans to launch a new medium-term management plan. The details of the plan are set to be announced in April this year....MORE
December 19, 2019
Participation in “CO₂-free Hydrogen Energy Supply-chain Technology Research Association (HySTRA)”～Towards the Realization of a Hydrogen Society, “K”LINE will be involved in the Demonstration of the World’s First Liquefied Hydrogen Carrier ～
（387KB）January 6, 2020
2020 New Year Message from the President “Moving forward with the aim of being customers’ first choice through enhanced Safety, Environment, and Quality”
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