“K” LINE Starts Collaborative Research on Decarbonization with JSW Steel Ltd.

Source: www.gulfoilandgas.com 9/7/2022, Location: Asia

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that we signed the Memorandum Of Understanding with JSW Steel Ltd. (JSW) for establishing the working committee for collaborative research on decarbonization.

“K” LINE and our affiliated company “K” Line (India) Shipping Private Limited (KISP) have been engaging in seaborne transportation of the raw materials for JSW (“K” LINE since 2006 and KISP since 2014).Today,our transport volume of iron ore, coal, limestone etc. is reaching about 10 million ton per annum by Supramax upto Capesize bulkers and performing both coastal and international trades.

JSW and “K” LINE 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 Green House Gas emissions in marine transportation by 2050.

In our Medium-term Management Plan published on May 2022(Note2), “K” LINE defined marine transportation business by large vessel as one of the top priority areas for driving growth. We will continuously strive to enhance our corporate value by contributing to the sustainable development of the society and global environment through active collaborations on decarbonization through the development of partnership with customers.


Denmark >>  7/12/2024 - Transitioning the world fleet to climate-friendly alternative fuels is essential for decarbonization of the shipping industry. However, vessels being ...
United Kingdom >>  7/12/2024 - Sunnica is immensely pleased with the decision by the Secretary of State for Energy Security and Net Zero to grant development consent for Sunnica Ene...

United Kingdom >>  7/12/2024 - Report says fast effective and collaborative effort needed to reach government net zero power targets.

Offshore Energies UK has published a...

United States >>  7/12/2024 - ESG Clean Energy, LLC, developers of power generation/carbon capture systems with zero carbon output, today announced that its carbon capture system h...

Canada >>  7/11/2024 - Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, welcomed the announcement of the Canada Growth Fund’s sixth in...
Canada >>  7/11/2024 - Holcim places its first 99.2% clinker-free concrete pavement in North America
74.7% reduction in CO2 emissions compared to standard concrete
<...





Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.