Kawasaki Kisen Kaisha, Ltd. (hereinafter referred to as the ``Company'') has partnered with Nippon Shipyard Co., Ltd. (hereinafter referred to as ``NSY'') to purchase three post-Panamax bulk carriers that were newly developed and designed by NSY as next-generation environmentally friendly vessels.

We have signed a construction contract. This new ship is a next-generation type 92 (92,000 ton deadweight), which follows our post-Panamax Corona series, which has a wide and shallow draft and is optimally designed for transporting power coal for coal-fired power plants in Japan. Masu.

Phase 3 of the EEDI, which applies to bulk carriers (dead weight of 20,000 tons or more) with construction contracts concluded after 2025, requires a 30% reduction in CO2 emission efficiency compared to the EEDI standard. This new ship type further pursues a reduction in environmental impact through improved fuel efficiency, and is expected to achieve a 40% reduction in CO2 emission efficiency compared to the EEDI standard through NSY's optimal ship shape development, including the adoption of the latest main engine and energy-saving additives. is. In addition, a conceptual design of ``Methanol Ready'' will be carried out, assuming conversion to methanol, a marine fuel with a low environmental impact.

Our company's long-term environmental policy, "K" LINE Environmental Vision 2050, sets the goal of "improving CO2 emissions efficiency by 50%," and aims to achieve net-zero GHG emissions by 2050. As part of our action plan, we are planning to switch to new environmentally friendly fuels and utilize wind propulsion equipment. In addition to responding flexibly and proactively to customer needs, including environmental issues that are expected to expand in the future, we will strive to protect the environment through our business activities while also contributing to economic and social We will contribute to the sustainable development of the company and strive to improve corporate value.

Kawasaki Kisen Kaisha, Ltd. press release