Nippon Yusen Kabushiki Kaisha News

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…

Idemitsu Tanker, IINO Kaiun Kaisha (IINO Lines), Nippon Yusen Kabushiki Kaisha (NYK), and Nihon Shipyard have established a consortium to conduct joint research and development of design concepts for Malacca Max-type very large crude oil carriers (VLCCs).The design concepts, including machinery and environment equipment, will be developed with a view of reducing greenhouse gas (GHG) emissions, the consortium that was initiated by Idemitsu Tanker said.Aiming to reduce emissions by 40% or more compared to previous levels…

Late last year Japanese maritime leaders – Nippon Yusen Kabushiki Kaisha (NYK), Japan Engine Corporation, IHI Power Systems Co., and Nihon Shipyard Co., Ltd. – signed a series of contracts to buid the world's first ammonia-fueled medium gas carrier (AFMGC) equipped with Japan-make engines. The target is a completed ship by November 2026.While the project is significant, hurdles remain, namely:While development work is underway, today there is not yet a dual-fuel ammonia engine on the market…

Nippon Yusen Kabushiki Kaisha (NYK), MTI, and Nabtesco Corporation have developed an electric diagnostic tool that records, visualizes, and analyzes the operational sounds of a vessel's engine plant for early anomaly detection.The device has been named “Kirari MUSE” and can store operational sounds from the equipment as data and use it to diagnose equipment conditions.Listening rods made of elongated metal are already widely used for diagnosing equipment conditions. By placing a listening rod on a turbine…

Japanese shipping companies, Kawasaki Kisen Kaisha (“K” Line), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK), have agreed to join JSE Ocean, a subsidiary of Japan Suiso Energy (JSE).JSE remains the majority shareholder with 50.2% of stock, whilst the shipping companies hold 16.6% each.Japan’s Basic Hydrogen Strategy, revised by the Japanese government in June 2023, identifies hydrogen as the alternative to fossil fuels as it targets decarbonisation. In the Strategy Japan commits to a target of 3 million tons/year of hydrogen by 2030…

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…

The design of a pioneering, fully autonomous ship framework has received approval in principle (AIP) from ABS.The fully autonomous ship framework, named APExS-auto (Action Planning and Execution System for full autonomous), was developed by Nippon Yusen Kabushiki Kaisha (NYK), Monohakobi Technology Institute (MTI) and Japan Marine Science Inc. (JMS) as part of the fully autonomous ship program MEGURI 2040.ABS worked with MTI and JMS to review the APExS-auto framework in accordance with the ABS Requirements for Autonomous and Remote-Control Functions.

The Global Centre for Maritime Decarbonisation (GCMD) and Nippon Yusen Kabushiki Kaisha (NYK) have announced the signing of a five-year Strategic Partnership agreement.The partnership boosts the center's efforts to conduct pilots and trials of low-carbon solutions for the global shipping industry.Japan is one of the top three shipowning countries in the world, and Japanese merchant vessels account for around 11% of world tonnage. Numbers from Clarksons Green Transition Team further indicate that Japan leads other nations in alternative-fuel-ready vessel orders…

Japanese classification society ClassNK has granted Mitsubishi Shipbuilding Co., Ltd. and Nippon Yusen Kabushiki Kaisha (NYK Line) Approval in Principle (AiP) for a ship that can transport ammonia and liquefied CO2 (LCO2).LCO2 carriers play an important role as one of the means of efficiently transporting captured and liquefied CO2 to storage sites or effective use sites in the CCUS (Carbon dioxide Capture, Utilization, and Storage) value chain, which is attracting attention as one of the means to realize a low-carbon and decarbonized society…

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.

Dry bulk shipowner Diana Shipping on Tuesday announced new charter contracts for two of its vessels, the Polymnia and Los Angeles.Diana said it has extended the time charter contract with CLdN Cobelfret SA for the Polymnia, a  98,704 dwt Post-Panamax dry bulk vessel built in 2012.The gross charter rate is $10,000 per day for the first 30 days of the charter period and $15,000 per day for the balance period of the time charter, in each case minus a 5% commission paid to third parties, for a period until minimum April 1, 2024 up to maximum May 31, 2024. The new charter period commenced on January 14, 2023.The company also announced that it has entered into a time charter contract with Nippon Yusen Kabushiki Kaisha for the Los Angeles…

Japanese container shipping company Ocean Network Express (ONE) announced it has acquired controlling stakes in three California container terminals amid a push by many of the world's largest global shipping lines to expand their presence in the port infrastructure component of the logistics chain.ONE, which is jointly owned by the Japanese shipping lines Nippon Yusen Kabushiki Kaisha (NYL), Mitsui O.S.K. Lines (MOL) and K Line, said it signed definitive agreements to acquire a 51% stake in each of TraPac and Yusen Terminals (YTI)…

MISC Berhad (MISC), through its wholly-owned subsidiary, Portovenere and Lerici (Labuan) Pte Ltd (PLL), together with its consortium partners, Nippon Yusen Kabushiki Kaisha (NYK), Kawasaki Kisen Kaisha, Ltd. (K-Line) and China LNG Shipping (Holdings) Limited (CLNG), have been awarded long-term time charter contracts by QatarEnergy for five additional newbuild Liquefied Natural Gas (LNG) carriers to be built by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd.Together with the seven long-term time-charter contracts that were secured earlier in August…

Classification society ClassNK announced it has issued an approval in principle (AIP) for an ammonia bunkering vessel (ABV) developed by Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line).The ABV developed by NYK Line will be used as a bunkering vessel for ammonia-fueled vessels, which are expected to be widely used from the late 2020s. The company has developed its own design drawings, and introduced a method of creating 3D models linked to the drawings at an early stage of concept design…

Classifiction society ClassNK has issued an approval in principle (AIP) for an ammonia-fueled ammonia gas carrier (AFAGC) that is currently under research and development of Nippon Yusen Kabushiki Kaisha (NYK Line), Japan Engine Corporation, IHI Power Systems Co., Ltd. and Nihon Shipyard Co., Ltd.Ammonia is expected to be used as ship fuel for decarbonization since it does not emit CO2 when combusted. Meanwhile, adequate safety measures are imperative as it has been pointed out that ammonia is toxic to humans and corrosive to materials.

Nippon Yusen Kabushiki Kaisha has upgraded its financial outlook for the fiscal year ending March 2023, projecting higher revenue and operating profits across the board in light of changing market conditions across multiple sectors it serves, inculding containershipping and bulk carriers. In a statemetn the company said:"The forecast at the beginning of the current fiscal year assumed a decline in demand related to general consumer goods considering lockdowns in China, the turmoil of the situation in Russia and Ukraine, and the acceleration of global inflation.

Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabushiki Kaisha (NYK Line) wee granted Approval in Principle (AiP) from ClassNK for joint development of CO2 transport technology for liquefied CO2 (LCO2) carriers.LCO2 carriers transport liquefied CO2 at low temperature and high pressure, which is contained in the cargo tank system. Since the design of cargo containment system depend on the condition of liquefied CO2 such as their temperature and pressure…

Nippon Yusen Kabushiki Kaisha (NYK) and its affiliate Sanyo Kaiji Kabushiki Kaisha (Sanyo Kaiji) have started a continuous three-month test navigation using biodiesel supplied by Toyotsu Energy Corporation in tugboats operated by Sanyo Kaiji. The biofuel will be supplied via ship-to-ship using a bunkering ship to supply fuel to the tug, the first time for this to be done in Japan. Three test trials are planned to take place by July. This biofuel supply and test navigation are…

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) is testing a navigation and collision avoidance system in another step toward autonomous cargo ship operations.NYK and MTI Co. Ltd. (MTI) have installed Orca AI’s Automatic Ship Target Recognition System onto an NYK Group ship to assess the system's ability to automatically recognize dangerous targets and other vessels that may be overlooked by the human eye, especially at night and in congested waters through vision sensors and thermal cameras…

Mitsubishi Shipbuilding Co., Ltd. completed installation of the first unit of an LNG (liquefied natural gas) fuel gas supply system (FGSS) for marine dual fuel engines, delivered in November last year, on the pure car carrier (PCC) built by Shin Kurushima Toyohashi Shipbuilding Co., Ltd. The first LNG-fueled PCC built in Japan was delivered to Nippon Yusen Kabushiki Kaisha on October 28, 2020, and has entered service. During the construction period after the delivery of the FGSS…

A naming ceremony was held for Japan’s first liquefied natural gas (LNG) bunkering vessel at Kawasaki Heavy Industries' Sakaide Works shipyard, on Wednesday.The ship, named Kaguyais, the first LNG bunkering vessel to be operated in Japan. Kaguya will be operated by Central LNG Marine Fuel Japan Corporation and will be based at JERA's Kawagoe Thermal Power Station. Kaguya will begin supplying LNG fuel to ships in the Chubu region in October or later this year using ship-to-ship bunkering.The 81.7-meter-long vessel was named by Yukikazu Myochin, President of Kawasaki Kisen Kaisha, Ltd.

With all eyes on carbon neutrality, a pair of Japanese maritime titans -- Mitsubishi Shipbuilding and Nippon Yusen Kabushiki Kaisha (NYK Line) -- have agreed to jointly develop a large-scale liquefied CO2 (LCO2) carrier. To facilitate the development of technologies for transporting CO2 using large vessels, this project will combine Mitsubishi Shipbuilding’s gas handling technologies with NYK Line’s knowledge in operations of not only small and medium-sized vessels, but also large vessels that are expected to increase in demand globally.

Nippon Yusen Kabushiki Kaisha (NYK), MTI Co., Ltd. (MTI) and Elomatic have completed the development of a concept design for an ammonia-fuel ready LNG-fueled vessel (ARLFV) for the transition to a future marine fuel.As the maritime world digests a raft of new legislation leading toward decarbonization, a main concern is the ability to leverage the full value of ships built today in a fast evolving environment. In short, flexibility in design, particularly when it comes to fuel flexibility…