K Line acquires Airseas and pushes sail power

This research aims to develop a fire detection system that detects fires earlier and with higher accuracy than existing smoke detectors for vessels.

K Line and Kansai Electric Power (KEPCO) have signed a MoU on the joint study of liquefied CO2 shipping for developing carbon dioxide Capture and Storage (CCS) value chains

K Line and Kawasaki Heavy Industries have agreed on a R & D project, the “Safe Berthing/Unberthing Assist System,” to enhance safety and efficiency of ships’ port manoeuvres and mooring operations

Atlas Corp, which controls Seaspan, has entered into a definitive S&P Agreement with Poseidon Acquisition Corp (a consortium of affiliates of Fairfax Financial Holdings Limited, affiliates of the Washington Family, Atlas Board Chairman David Sokol, and Ocean Network Express Pte Ltd) under which Poseidon will acquire Atlas in an all-cash transaction of around Can$10.9B

K Line’s “Environmental Vision 2050” strategy aims to achieve net zero by 2050 and technologies such as Seawing sails are a step towards that goal

The Japanese carrier has signed multiple mid-long term consecutive voyage charters (CVCs) for coastwise trades with India’s JSW Steel Ltd