Nyk Group News

As the IMO prepares for negotiations on regulations to support net-zero by 2050 at MEPC 81 in March, the World Shipping Council (WSC) has proposed a greenhouse gas pricing mechanism it calls the Green Balance Mechanism.The aim is to provide a new approach to greenhouse gas pricing which makes it possible to close the price gap between fossil fuels and green fuels, at the lowest possible overall cost:• Through the Green Balance Mechanism, fees are taken from fossil fuels and allocated to green fuels used…

An LNG-fueled capesize bulk carrier, ordered by NYK and to be deployed to transport iron ore and coal from Australia to Japan under a long-term consecutive voyage charter contract with JFE Steel Corporation (JFE), has been delivered.The naming ceremony for the vessel was held on January 30, 2024, at Japan Marine United Corporation's Tsu Shipyard in Mie Prefecture.The vessel is the first capesize LNG-fueled bulk carrier to be built at a shipyard in Japan, according to an NYK research.The vessel was named ‘SG Ocean’ to reflect the ‘SG’ of NYK's ‘Sail GREEN’ brand…

On January 17, the NYK Group and Stolt Tankers held a ceremony in Singapore to commemorate the 30th anniversary of the start of the companies’ parcel chemical tanker joint venture in Asia and the Pacific.A parcel tanker is a multipurpose chemical tanker capable of carrying many types of cargo, including chemical products, kinetic vegetable oil, etc.The ceremony was attended by Yuji Nishijima, executive officer of NYK; Bjarke Nissen, managing director of Stolt Tankers; and Masahito Hirano…

Japanese shipping major NYK Group has marked the start of construction of a test facility that will serve to assess the safety of biofuels and accelerate their practical application as marine fuels.NYK plans to complete the installation of the test engine in June and analyze the biofuel in combustion tests over the next three years.The test engine will be a reused generator from the tugboat Sakigake, which is currently being converted to an ammonia-fueled tug, according to NYK.NYK companies Boltech.

NYK Group’s Hokuyo Kaiun has received certifications from ClassNK for the safety management system (SMS) of its crew transport vessel (CTV) for the offshore wind industry.The certifications, ISO 9001:2015 and ISO 45001:2018, were obtained by combining the experience of Hokuyo Kaiun, which operates and manages the CTV Rera As for the Ishikari Bay New Port offshore wind farm in Hokkaido Prefecture, with the knowledge of NYK.This certification will enable Hokuyo Kaiun, which mainly operates towing vessels in Japan…

The NYK-TDG Maritime Academy (NTMA), a merchant marine academy jointly operated by NYK and the Transnational Diversified Group (TDG) near Manila, Philippines, held a commencement ceremony for 96 students, the academy’s 12th batch of graduates.In his congratulatory speech, NYK President Takaya Soga said, "NYK Line, in its 138 years of existence, has survived countless crises and adversities. I believe that your academy has prepared you to face the world outside its halls because you experienced the unprecedented COVID-19 pandemic.

The NYK Group, Stolt Tankers, and ENEOS Ocean launched a chemical ship pool business in the Asia-Pacific region in October.Shipowners and operators pool their vessels and undertake transportation services at the request of shippers. The pool business allows more flexible transportation services that utilize economies of scale, NYK said.The project started with 13 vessels, comprising two chemical tankers owned by ENEOS Ocean and 11 chemical tankers owned by a joint venture between…

On October 23, NYK held its annual roundtable discussion on current conditions and issues on board vessels, highlighting the role of communications in ship safety.The meeting was held at the NYK head office in Tokyo in a hybrid format and attended by more than 150 participants, including three captains and three chief engineers on leave, the captain and chief engineer on board the car carrier Iris Leader, the captain aboard the crude oil tanker Tensho, 22 executive officers, and…

Japan's NYK Line has recently taken delivery of the LNG-fueled pure car and truck carrier (PCTC) Sweet Pea Leader at Tadotsu Shipyard Co., Ltd., a member of the Imabari Shipbuilding Group. This is NYK's seventh LNG-fueled PCTC, with NYK planning to introduce a total of 20 new LNG-fueled PCTCs by 2028 as a bridge-solution to achieve net-zero emissions of greenhouse gas (GHG) by 2050 for the NYK Group's oceangoing businesses."Like NYK's other LNG-fueled PCTCs, the vessel was named…

Japan's NYK Line said Thursday its NYK Bulk & Project Carriers Ltd. (NBP), Oshima Shipbuilding Co., Ltd. (OSHIMA), and Sumitomo Corporation (SUMITOMO) had signed a memorandum of understanding to study, design, and construct the world’s first Handymax bulk carrier (ammonia dual fuel type) dedicated to the transport of copper products, that will reduce CO2 emissions to zero.The MoU signing comes just a year after Corporación Nacional del Cobre de Chile (CODELCO), a Chilean state-owned company and one of the world's leading copper producers, and NYK Bulk & Project Carriers Ltd.

Tel Aviv-based maritime technology company Orca AI is continuing its collaboration with NYK Group subsidiary MTI and partners in the second development stage of the MEGURI2040 project administered by the Nippon Foundation.MTI, alongside sister entity Japan Marine Science Inc, is spearheading the Designing the Future of Fully Autonomous Ships Plus (DFFAS+) consortium comprising 51 Japan-based companies that will work together on the next phase of MEGURI2040.While the OECD projects that maritime trade volumes could triple by 2050, a skilled crew shortage is growing globally.

The Port of Los Angeles has recognized the achievements of more than two dozen shipping lines and carriers for participating in the Port’s Vessel Speed Reduction Program (VSRP), an air quality and annual incentive program for vessel operators who reduce their speed as they approach or depart the port.The voluntary program is one of many sustainability efforts currently underway at the Port to reduce emissions and decarbonize operations.Emission reductions are achieved under the…

On August 17, NYK received ISO9001:20151 certification from ClassNK for its activities to promote the safe operation of its crew transfer vessel (CTV) in the offshore wind industry.In addition to the safety management system (SMS) set up by the ship-management company, NYK will implement NAV90004 activities that promote safe navigation based on NYK’s own safety standard, NAV9000, which has been certified by the International Organization for Standardization (ISO), to achieve an even higher level of quality control and safer navigation.

Nippon Yusen Kabushiki Kaisha (NYK), NYK Group’s Asahi Shipping, and Kobe Steel have announced a successful trial run of biofuels on a voyage between Japan and Australia.The companies supplied biofuel via ship-to-ship transfer to the bulk carrier Sunrise Serenity at the port of Kobe in Japan. The vessel was supplied with biofuel by Toyota Tsusho Marine Fuels Corporation and then sailed to the port of Newcastle, Australia.The vessel is operated and managed by Asahi Shipping and…

RightShip, NYK, and Solverminds have announced their collaboration on a product that links NiBiKi, the NYK Group’s common platform for ship-management operations, with RightShip’s data platform, to transform the workloads of ship owners and managers.This new technology, Port State Control (PSC) Submission application programming interface (API), initially launched on RightShip’s e-commerce platform RightSTORE, is designed to share data across both RightShip’s and NYK’s platforms…

NYK has delivered Rera As, an NYK-owned crew transport vessel (CTV), to Siemens Gamesa for the Ishikari Bay New Port offshore wind farm.The ClassNK certified vessel is the first CTV owned and operated by the NYK Group and is largest gross tonnage CTV currently in operation in Japan (according to NYK research). NYK Group's Hokuyo Kaiun will manage and operate the vessel.The vessel was completed in Singapore in April, and it was reflaged to Japan after equipment modifications, such as fenders and radio equipment…

Australian oil and gas company Pilot Energy and Norway's Knutsen NYK Carbon Carriers (KNCC) have entered into a memorandum of understanding to collaborate on offering an integrated solution for marine transportation and offshore injection of CO2 at the Cliff Head CCS Project, offshore the coast of Perth, Australia.Pilot and KNCC plan to develop solutions that will enable large-scale industrial emitters to transport via ship, ambient temperature LCO2 and to inject and permanently…

A new crew transfer vessel (CTV) for the Ishikari Bay New Port offshore wind farm in Hokkaido Prefecture arrived in Japan from Singapore on April 19, Japan's NYK has informed. The vessel is named “Rera As.”After completing its sea trials, the vessel was delivered in Singapore and transported to Honmoku Pier in Yokohama port by Kifune, a heavy-lift carrier operated by NYK Bulk & Projects Carriers Ltd. After being discharged, the crew transfer vessel was towed to the Oppama factory of Keihin Dock Co. Ltd.

Shipbroker Simpson Spence Young (SSY) hired Justin Wang will join the global SSY LNG team as a ship broker, effective from April 2023.Based in Beijing, Wang will be the first active LNG shipbroker in the Chinese capital and will focus on further expanding SSY’s LNG presence in the region, backed up by the current team that is based in London, Singapore, and Stamford, with business development in Madrid & Mumbai. An LNG specialist with over 15 years of commercial maritime experience…

Last week  at the Wind Expo Spring 2023 in Tokyo, NYK announced the name of a crew transfer vessel (CTV) for the Ishikari Bay New Port offshore wind farm, for which NYK has a multi-year time charter contract with Siemens Gamesa.At the naming presentation with James Tham, managing director of Penguin Shipyard International, and Tsutomu Yokoyama, general manager of NYK’s Green Business Group, NYK explained that "Rera As" means "the wind blows" in the language of the Ainu, the indigenous people of Hokkaido…

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) and FueLNG, a joint venture between Keppel Offshore & Marine Ltd and Shell Eastern Petroleum (Pte) Ltd, have completed the first bunkering to an LNG-fueled pure car and truck carrier (PCTC) vessel in Singapore.NYK’s Jasmine Leader, one of the largest PCTC vessels in the world, successfully completed her LNG bunkering with FueLNG Bellina on March 8, 2023.“We are delighted to have achieved the first PCTC LNG bunkering through Jasmine Leader in Singapore,” said Yuji Nishijima, Executive Officer in charge for fuel procurement of NYK.

An autonomous ship initiative by a group of companies in Japan was recognized by Japan’s Cabinet Office at Fifth Japan Open Innovation Prize Ceremony on Wednesday.The companies receiving recognition are NYK and NYK Group companies Japan Marine Science Inc., MTI Co. Ltd., and Kinkai Yusen Kaisha Ltd.The received Japan’s Minister of Land, Infrastructure, Transport and Tourism Award at a ceremony hosted by Japan’s Cabinet Office. The four NYK Group companies are participating in…

Siemens Gamesa and the Japanese shipping and logistics company NYK have signed a time charter contract for a crew transfer vessel (CTV) that will be used at an offshore wind farm in Japan.The CTV will be owned by NYK and managed by Hokkaido-based Hokuyo Kaiun Co., Ltd., an NYK Group company. The vessel will be engaged in transporting workers to the offshore wind farm at Ishikari Bay New Port in Japan, which is scheduled to start commercial operation in December 2023.The Ishikari Bay New Port offshore wind farm project is being developed by Green Power Ishikari LLC…