“K” LINE provides update on implementation of medium-term management plan


Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has posted to its official website a video that explains progress in the implementation of the medium-term management plan and the forecasts for fiscal 2023 as of the third quarter. The video is also posted on “K” Line With, a video communication site for “K” LINE Group’s employees.

The video explains “K” LINE’s financial forecasts for fiscal 2023 and business environment faced by the shipping industry. It also describes CCS (Carbon Dioxide Capture and Storage) project with Northern Lights JV DA, the world’s first commercial CCS project. “K” LINE will undertake the ship management of ships transporting liquefied CO2 in the project.

The “K” LINE Group’s long-term management vision is promoting low-carbon/zero-carbon emissions for the company and society by enhancing the specialised functions that represent “K” LINE Group strengths. The Group is undertaking various initiatives in line with the vision and the functional strategies of the medium-term management plan to establish competitive advantage.