Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that it has signed an agreement to facilitate the long-term procurement of carbon-neutral bio-LNG fuel (liquefied bio methane, LBM), and it has started to use this fuel for LNG-fueled car carriers. It is expected that this procurement agreement will enable “K” LINE to reduce its greenhouse gas (GHG) emissions by around 60,800 tons*1 per year.
Bio-LNG fuel is an alternative to liquefied natural gas (LNG) that is produced from livestock excrement, food residue and other organic waste. It has been confirmed that the GHG emissions from the entire product lifecycle, from the manufacturing to the consumption of the fuel, are lower than the emissions from traditional fuels, and it can be used as-is in existing LNG-fueled vessels, making it very useful. Taking advantage of this characteristic, “K” LINE expects to use it in its existing LNG-fueled car carriers.
The bio-LNG that “K” LINE is now using is ISCC-EU certified,*2 ensuring a degree of sustainability that is in compliance with the European Union’s Renewable Energy Directive (RED). By proactively adopting internationally certified fuels like this, “K” LINE will help decarbonize entire supply chains in collaboration with cargo owners and other stakeholders. (....)