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“K” LINE starts collaborative research on decarbonisation with JSW Steel

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Dry Bulk,


Kawasaki Kisen Kaisha, Ltd. (“K” LINE) have announced the signing of a memorandum of understanding with JSW Steel Ltd. (JSW) for establishing a working committee for collaborative research on decarbonisation.

“K” LINE and its affiliated company “K” Line (India) Shipping Private Ltd have previously engaged in seaborne transportation of raw materials for JSW (“K” LINE since 2006 and KISP since 2014). "K" LINE's transported volume of iron ore, coal, limestone, etc. is reaching about 10 million tpy by Supramax up to Capesize bulkers and performing both coastal and international trades.

JSW and “K” LINE have agreed to collaborate together through the sharing of research, ideas, utilising, and leveraging on the respective party’s knowledge about new marine technology, alternative fuels and other fields potentially growing in the near future, so as to achieve net-zero greenhouse gas emissions in marine transportation by 2050.

In their medium-term management plan published in May 2022, “K” LINE defined marine transportation business by large vessel as one of the top priority areas for driving growth. The company pledges to continuously strive to enhance its corporate value by contributing to the sustainable development of the society and global environment, through active collaborations on decarbonisation through the development of partnership with customers.

Read the article online at: https://www.drybulkmagazine.com/dry-bulk/12092022/k-line-starts-collaborative-research-on-decarbonisation-with-jsw-steel/

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Capesize news Supramax news Asian dry bulk news