Kawasaki Kisen Kaisha, Ltd. ('K' LINE) and Daito Corporation (Daito) have started operation of 'K' LINE Group's first dedicated finished vehicle terminal in Japan, at Yokohama Daikoku C-4 Terminal from April 2022. On April 5th, 'IVORY ARROW' operated by 'K' LINE, a pure car and truck carrier (PCTC), made its first call at the terminal. On April 15th, we held a safety prayer ceremony with the terminal operators and an opening ceremony with the attendance of many related parties.

The terminal is used not only as an export and transshipment base for finished vehicles (new and used vehicles) but also handle a wide variety of vehicles such as break-bulk cargoes by utilizing work facility with large roof in terminal in order to meet a variety of needs.

In addition, the terminal will use electric power generated from renewable energy sources with virtually zero CO2 emissions. The terminal will procure 100% wind-generated renewable energy from blockchain-based electricity traceability service (a service for specifying the power plants from which electricity is procured) of 'Minna-Denryoku', operated by UPDATER Corporation.

In last November, 'K' LINE has revised a part of our long term environmental guideline 'K'LINE Environmental Vision 2050' (Note 1) and set our new target for 2050 as 'The challenge of Achieving Net-Zero greenhouse gas (GHG) emissions'. We will strive to enhance our corporate value by contributing to the sustainable development of the economy and society, while protecting the environment through our business activities.

(Note 1) 'K' LINE Environmental Vision 2050

https://www.kline.co.jp/en/csr/environment/management.html#002

Name : Yokohama Daikoku C-4 Terminal

Location : Daikoku Futo 22&24, Tsurumi-ku, Yokohama, Japan

Business : Finished-vehicle logistics

Pier length : 350 m (1 berth)

Sea depth : 15 m

Total yard area : Approx. 153,500 m2 (including berth area)

Parking slots : Approx. 8,000 units

(From left: Mr. Ito, President of Yokohama Port Corporation; Mr. Kota Fujiki, Chairman of Yokohama Port Transportation Association; Mr. Nakano, Director of Port of Yokohama; Mr. Myochin, President of Kawasaki Kisen Kaisha; Mr. Matsukawa, President of Daito Corporation; Mr. Kozo Fujiki, Chairman of Yokohama Stevedoring Association)

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