Kawasaki Kisen Kaisha, Ltd. (“K” LINE) on Monday (6 March) said it has signed a memorandum of understanding with mining company Anglo American regarding the establishment of a working committee for collaborative research on decarbonisation.
“K” LINE has been engaged in the seaborne transportation of raw materials for Anglo American.
The development utilises both parties’ knowledge of new marine technology, alternative fuels and other fields that have the potential to grow in the near future to achieve their common goal of net-zero greenhouse gas emissions.
“In our Medium-Term Management Plan published on May 9th, 2022, “K” LINE defined the marine transportation business using coal and iron ore carriers as one of its top priority areas driving growth,” it stated.
“We will continuously strive to enhance our corporate value by contributing to the sustainable development of society and the global environment with active collaboration on decarbonization through the development of partnerships with customers.”
Photo credit: “K” LINE
Published: 7 March, 2023
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