Nippon Yusen Kabushiki Kaisha News

Nippon Yusen Kabushiki Kaisha (NYK Line) and the Port of Duqm Company, which oversees port management and terminal operations in Oman, signed a memorandum of understanding at Duqm Economic Forum 2025 to collaborate in the development and connectivity of the port of Duqm.NYK has positioned the Middle East as one of its key strategic regions. On April 1, 2022, NYK established its Middle East region head in Dubai to deepen its regional strategy and enable more agile business development across the area.Oman…

Nippon Yusen Kabushiki Kaisha (NYK Line), one of the world’s largest shipping companies, has expanded its partnership with Neptune Robotics to scale up robotic hull cleaning across its global fleet in a move expected to deliver major fuel savings and accelerates maritime decarbonization.NYK has worked with Neptune since 2022, making it one of the earliest adopters of Neptune’s robotic hull cleaning. From earlier deployments, Neptune’s robots delivered up to 10 times fuel savings compared to cleaning costs…

Nippon Yusen Kabushiki Kaisha (NYK) has completed a joint demonstration with Singapore-based Global Centre for Maritime Decarbonisation (GCMD) that verified the long-term use and storage of biofuel onboard ships, confirming its technical safety and sustainable usability.The six-month trial, as part of Project LOTUS, involved continuous use of B24 biofuel on a pure car and truck carrier. Tests showed no adverse effects on engine performance or fuel supply systems, no signs of equipment wear or corrosion…

Nippon Yusen Kabushiki Kaisha (NYK) has purchased carbon dioxide removal credits that will be enabled by 1PointFive’s Direct Air Capture (DAC) technology.This marks NYK’s second purchase of credits from 1PointFive intended to address NYK’s residual operational emissions.According to NYK, the international shipping industry emits roughly one billion tons of CO2 annually, and if about 10% remains as residual emissions after operational emission reductions, then the industry would…

Watson Farley & Williams (WFW) advised a consortium of lenders on an ECA-backed JOLCO financing for Ocean Network Express Pte. Ltd. (ONE) to finance four newbuild container vessels. The consortium comprised BNP PARIBAS (acting through its Tokyo Branch and as ECA Coordinator), The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch and Citibank, N.A., Tokyo Branch (as mandated lead arrangers) as well as Japanese export credit agencies Japan Bank for International Cooperation…

On June 12, Nippon Yusen Kabushiki Kaisha (NYK) reached an agreement to acquire 100% of Kadmos Holding GmbH (Kadmos), a global end-to-end maritime salary payments platform provider headquartered in Germany.Founded in 2021 and based in Berlin and London, Kadmos provides salary payment solutions to shipowners, ship-management companies, and their global workforce of seafarers.In 2019, NYK established MarCoPay Inc. in Manila, Philippines, as a financial services platform. MarCoPay…

The Global Ro-Ro Community including Eastern Car Liner, Kawasaki Kisen Kaisha, Mitsui O.S.K. Lines, Nippon Yusen Kabushiki Kaisha, Wallenius Wilhelmsen and ClassNK have developed guidelines for calculating GHG emission intensity for ro-ro ships in conjunction with the international non-profit organization Smart Freight Centre.The guidelines introduce a common calculation method, enabling shippers to accurately measure Scope 3 emissions.The standard calculation model complies with the ISO 14083 and Global Logistics Emissions Council framework.

The world’s first commercial-use ammonia-fueled vessel, Sakigake, has completed a three-month demonstration voyage, achieving a GHG-emission reduction of up to approximately 95%.The vessel was completed by Nippon Yusen Kabushiki Kaisha (NYK) and IHI Power Systems (IPS) on August 23, 2024, in cooperation with Nippon Kaiji Kyokai (ClassNK) as part of a Green Innovation Fund Project under Japan’s New Energy and Industrial Technology Development Organization (NEDO).The development project of this vessel started in October 2021 and completed in August 2024…

ABS has granted approval in principle to Monohakobi Technology Institute (MTI) for its Action Planning and Execution System (APExS-auto) maritime autonomy framework for the lifecycle management of autonomous navigation systems.The framework is crafted to be flexible, adapting to any necessary operational and design changes.The APExS-auto operational framework was developed by MTI, Nippon Yusen Kabushiki Kaisha and Japan Marine Science Inc. as part of the MEGURI 2040 fully autonomous ship program.The project utilized the System-Theoretic Process Analysis (STPA) method…

ClassNK issued an Approval in Principle (AiP) for an ammonia-fuelled bunkering vessel, a vessel is jointly developed by Nippon Yusen Kabushiki Kaisha (NYK Line) and LMG Marin AS (a member of the Seatrium Group).As ammonia as fuel is expected to be used in shipping to help shipowners meet tough new emission reduction targets, bunkering vessels that supply fuel to ships and related equipment will play an essential role in the supply chain. This vessel is being developed jointly by NYK Line…

Yara Clean Ammonia Switzerland, a subsidiary company of the world’s largest ammonia distributor Yara International, has signed a time-charter contract with Nippon Yusen Kabushiki Kaisha (NYK) for an ammonia-fueled medium gas carrier (AFMGC) to be delivered in November 2026.Since 2021, Yara Clean Ammonia and NYK have jointly studied the practical application of an ammonia-fueled ammonia gas carrier, and the companies have now concluded the world’s first time-charter contract for an AFMGC…

Nippon Yusen Kabushiki Kaisha (NYK) and NYK’s affiliate Knutsen NYK Carbon Carriers AS (KNCC) are conducting a joint constructability study of a 40,000 cbm terminal-to-terminal liquefied CO2 (LCO2) vessel based on KNCC’s proprietary technology of LCO2-Elevated Pressure (LCO2-EP) Cargo Tanks together with Nihon Shipyard Co., Ltd. (NSY), which is a joint venture for ship design and sales between Imabari Shipbuilding Co., Ltd. and Japan Marine United Corporation.CCS (Carbon dioxide Capture and Storage) is a technology to capture CO2 at the source — such as power plants…

Idemitsu Tanker Co., Ltd., IINO Kaiun Kaisha, Ltd. (IINO Lines), Nippon Yusen Kabushiki Kaisha (NYK), and Nihon Shipyard Co., Ltd. announced that the consortium established in early 2024 for the joint research and development of an eco-friendly very large crude oil carrier (VLCC) has produced a design concept for Japan’s first Malacca Max type VLCC to use methanol as alternative fuel.To provide power while sailing, the vessel will be equipped with a shaft generator and the latest dual-fuel main engine that can use methanol and heavy oil as fuel.

ABS issued an approval in principle (AIP) to leading Japanese companies at Gastech 2024 for two liquid carbon dioxide (LCO2) carrier designs with Type-C cargo tanks that do not require performing post-weld-heat-treatment based on the demonstration of an engineering critical assessment.ABS reviewed the drawings based on class and statutory requirements for the two designs, a 50K cubic meter carrier and a 23K cubic meter carrier, featuring Type-C cylindrical tanks made of carbon…

Nippon Yusen Kabushiki Kaisha (NYK) and Oono Development Co., Ltd. agreed to jointly study the commercialization of ship recycling, in which ships and large offshore structures are dismantled in Japan and recycled as steel scrap and other materials. The memorandum of understanding (MoU) was signed on September 18 at NYK's head office. Ship dismantling work will be performed at Japan’s only dry dock which can handle large ocean-going vessels and is owned by Oono Development in Chita City, Aichi Prefecture.

American Bureau of Shipping (ABS) and Nippon Kaiji Kyokai (ClassNK) have issued approvals in principle (AiPs) for two types of low-pressure type liquefied CO2 (LCO2) carriers developed jointly by Japan’s industry majors.The LCO2 carriers have been developed by Mitsui O.S.K. Lines (MOL), Kawasaki Kisen Kaisha (“K” LINE), Nihon Shipyard, Nippon Yusen Kabushiki Kaisha (NYK Line), Mitsui & Co, Mitsubishi Corporation and Mitsubishi Shipbuilding.The two LCO2 carriers that received AiP certifications are low-pressure type 50…

ClassNK has classed the ammonia-fueled tugboat ‘Sakigake’ completed by Nippon Yusen Kabushiki Kaisha (NYK Line) and IHI Power Systems Co., Ltd. as an ammonia-fueled vessel. This is the world's first ammonia-fueled vessel for commercial use (as of August 23, 2024, according to research by NYK). The NYK Group company Shin-Nippon Kaiyosha will employ the vessel in tugboat operations in Tokyo Bay over a three-month demonstration period.This vessel was a Green Innovation Fund Project initiated…

The world’s first accreditation* for “Machinery Room Safety for Ammonia” (MRS) will be granted by ClassNK for the ammonia-fueled medium gas carrier (AFMGC) currently being developed by a consortium that includes Nippon Yusen Kabushiki Kaisha (NYK) and Nihon Shipyard Co., Ltd. (NSY). MRS is Class notation demonstrating a ship is equipped with excellent ammonia safety measures for the machinery room. MRS also confirms the vessel meets the highest safety measures under the guidelines for ammonia-fueled ships.Ship Type: 40,000-cu.-m.

Singapore's Energy Market Authority (EMA) and the Maritime and Port Authority of Singapore (MPA) have shortlisted two consortia for the next proposal evaluation round of an ammonia power and bunkering project, they said in a joint statement on Thursday.The project aims to develop a low- or zero-carbon ammonia project on Jurong Island in Singapore to generate power and explore ammonia as a potential marine fuel.The two shortlisted consortia were Keppel's Infrastructure Division and Sembcorp-SLNG, who will conduct engineering, safety and emergency response studies for the proposed project.The bu

The Maritime and Port Authority of Singapore (MPA) and Nippon Yusen Kabushiki Kaisha (NYK) have signed a memorandum of understanding (MoU) to deepen their partnership and accelerate maritime decarbonization, digitalization, and human resource development efforts.The MoU was signed by Teo Eng Dih, Chief Executive, MPA, and Takaya Soga, President and Group Chief Executive, NYK, on July 2.The partnership will include promoting the safe use of maritime fuels such as biofuels, methanol…

On May 2, Nippon Yusen Kabushiki Kaisha (NYK) began a long-term biofuel test run on its VLCC Tenjun. The vessel received an initial supply of biofuel in Singapore and will continue to use biofuel for approximately three months to comprehensively verify the safe and stable procurement of biofuel for long-term use.NYK has conducted many short- and long-term safety trials of biofuel use on bulk carriers, car carriers, and LPG carriers, but this is the first time an NYK-operated VLCC has engaged in a long-term biofuel trial.

Nippon Yusen Kabushiki Kaisha (NYK) and its group company MTI Co., Ltd. (MTI), in collaboration with Smert Design Co. Ltd., launched a trial to use 3D models in the initial design phase of ship construction. Ultimately, the aim of the project is to help optimize and shorten the ship design and construction process.As part of the joint research project "Ship Design Streamlining Project by Front Loading," the three companies will implement the "Basic Design Platform" (BDP) into the ship design software CADMATIC and use it to design an LPG tanker for Kyoei Tanker Co., Ltd.

ClassNK has granted approval to the basic design drawings of a multi-purpose container carrier developed by Nippon Yusen Kabushiki Kaisha (NYK Line) utilizing 3D models.This marks the world's first ocean-going ship to complete the basic design process, including class approval, solely through 3D drawings from the conceptual design to the basic structural design, during the initial stages of ship construction, according to NYK Line and ClassNK.Traditionally, the sharing of design information among shipyards…