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KNOT Takes Delivery of Dual-Fuel Shuttle Tanker. Charter Secured with Eni
Knutsen NYK Offshore Tankers (KNOT), an affiliate of NYK, has taken delivery of a dual-fuel LNG shuttle tanker built at Daewoo Shipbuilding & Marine Engineering yard in South Korea.
KNOT's First LNG Dual Fuel Shuttle Tanker Delivered
A dual-fuel LNG (liquefied natural gas) shuttle tanker1 ordered by Knutsen NYK Offshore Tankers AS,2 which is an affiliate of NYK, was delivered on August 2 at Daewoo Shipbuilding & Marine Engineering Co. Ltd. The vessel has been named Frida Knutsen.The shuttle tanker will be chartered to ENI Trade & Biofuels S.p.A, a subsidiary of Ente Nazionale Idrocarburi S.p.A (ENI), 3 and will be engaged in oil…
Nippon Yusen Kabushiki Kaisha Revises Financial Outlook
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…
NYK Line, IPS Get ClassNK AiP for Ammonia-fueled Tugboat
Japanese classification society ClassNK has granted its Approval in Principle for NYK Line and IHI Power Systems's (IPS) ammonia-fueled tugboat currently being jointly researched and developed. This R&D is part of the Green Innovation Fund project within Japan’s New Energy and Industrial Technology Development Organization (NEDO) for the development of vessels equipped with a domestically produced ammonia-fueled engine…
Mitsubishi Shipbuilding, NYK Line score ClassNK AIP for Large LCO2 Carrier
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…
NYK, Knutsen Form Liquefied CO2 Transportation and Storage JV
Japan's NYK and Norway's Knutsen Group have formed a joint venture company for the commercial development of a liquefied CO2 marine transportation and storage business using the Knutsen developed technology PCO2 which allows transport of liquified CO2 at ambient temperatures. NYK and the Knutsen Group, will each hold a 50% stake in the new company, which has been named Knutsen NYK Carbon Carriers (KNCC).
NYK Signs Multi-Year Deal with GAIL (India) Limited for Charter of LNG Carrier
NYK signed a multi-year time-charter contract with GAIL (India) Limited, India's largest natural gas company, for a liquefied natural gas (LNG) carrier. Grace Emilia, the vessel that will be chartered, is equipped with a WinGD-made dual-fuel slow-speed X-DF diesel engine, a unit that has superior fuel-consumption efficiency and can operate on marine gas oil or boil off gas stored in the cargo tank.
NYK to Build Two LPG Dual-Fuel Very Large LPG / NH3 Gas Carriers
NYK ordered its first two liquefied petroleum gas (LPG) dual-fuel very large LPG / ammonia (NH3) gas carriers (VLGCs) from Kawasaki Heavy Industries, Ltd., both to be built at the KHI Sakaide Works shipyard and are set delivery in 2024.Both ships will be equipped with separate cargo tanks designed to carry LPG and ammonia at the same time to flexibly respond to various trade patterns. Ammonia is attracting…
NYK, ABS, WinGD Working on Battery-Hybrid System to Cut GHG Emissions from Ships
NYK and NYK Group company MTI Co., Ltd. (“MTI”), together with the American Bureau of Shipping (“ABS”) and Winterthur Gas & Diesel Ltd. ("WinGD"), have started joint research for optimization of ship design by utilizing a battery-hybrid system to aid ship propulsion and thus reduce greenhouse gas (GHG) emissions from vessels.A vessel’s main-engine revolutions may increase significantly when a vessel…
NYK Bulk Carrier Completes Another Run on Biofuel
NYK conducts third successful biofuel trial on ship carrying Tata Steel cargoThe bulk carrier Frontier Sky, which is owned by NYK and operated by Tata NYK Shipping Pte. Ltd., conducted a trial use of biofuel to transport cargo provided by Tata Steel Limited, the major steel manufacturer in India. According to the company, this is the third successful trial use of biofuel by an NYK vessel.In this test voyage, the vessel was fueled with biofuel by Toyota Tsusho Petroleum Pte. Ltd.
Mitsubishi Shipbuilding, NYK collaborate to create Large Liquefied CO2 Carrier
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…
Hyundai Samho Delivers Diamond Gas Victoria LNG Tanker
Japan's NYK Line said Wednesday it had, as part of Diamond LNG Shipping 6 consortium, taken delivery of the Diamond Gas Victoria LNG gas carrier.The LNG carrier will transport LNG from British Columbia for the LNG Canada project, as well as from other locations around the world, under a long-term time-charter contract with Diamond Gas International, a subsidiary of Mitsubishi Corporation (MC), which…
NYK Pushes Forward its "Sail GREEN;" to Build a Dozen LNG-Fueled PCTCs
NYK signed a memorandum of understanding (MoU) for the consecutive building of LNG-fueled PCTCs at Shin Kurushima Dockyard Co., Ltd. and Nihon Shipyard Co., Ltd. Twelve new ships are planned to be built, six ships each at the two shipyards, for delivery successively from fiscal 2025 to fiscal 2028.The dozen ship is in accordance with the PCTC fleet replacement plan to achieve NYK’s environment management target, which is to reduce CO2 emissions per ton-kilometer of transport by 50% by 2050.
World's First Barge-to-Ship Methanol Bunkering Carried out in Rotterdam
On May 10, 2021, the methanol-dual fueled chemical tanker Takaroa Sun, owned by NYK Bulkship (Asia) Pte. Ltd. participated in what is touted as the world’s first barge-to-ship bunkering of methanol fuel. The bunkering of methanol fuel was conducted in Rotterdam port under the leadership of the charterer Waterfront Shipping Company Limited, together with the cooperation of the Port of Rotterdam, Royal Vopak N.V.…
MacGregor to Deliver Equipment for NYK Line's New PCTC Vessel Quartet
MacGregor, part of Cargotec, has secured a new equipment order for four PCTC vessels being built by China Merchants Jinling Shipyard (Nanjing) in China for Japan's Nippon Yusen Kaisha (NYK Line). The order includes a wide range of electrically operated equipment and encompasses quarter stern ramps and doors, side ramps and doors, internal ramps and covers, internal doors, and a liftable car deck. MacGregor said that its Load Monitoring System…
Ship Tech: GHG Emission Reduction focus of NYK LNG-Fueled PCTC Newbuilds
NYK has concluded a shipbuilding contract with China Merchants Jinling Shipyard (Nanjing) Co. Ltd. for four LNG-fueled PCTCs to be delivered from 2022 to 2023, intended to transport vehicles mainly to/from Europe and/or to the Middle East.The ships are designed with GHG emission reduction, and to that end they will be outfieed with WinGD’s X-DF2.0 iCER main engine, the first time they will be utilized in the world.
NYK Orders Pair of LPG Dual-Fueled VLGCs
Japanese shipping company NYK ordered its first liquefied petroleum gas (LPG) dual-fueled very large gas carriers (VLGCs), a pair of ships to be built at Kawasaki Heavy Industries’ Sakaide Works shipyard for delivery in 2022.According to NYK, the new VLGCs will comply not only with the SOx Global Cap regulations that were tightened from January 2020 but also with the EEDI phase 3 requirements.In addition…
Great Ships of 2020: NYK's Sakura Leader
The world’s first Digital Smart Ship (DSS)On October 28, 2020, NYK took delivery of Sakura Leader, a pure car and truck carrier (PCTC) capable of navigating oceans with only LNG as the ship’s main fuel. This delivery marks a step toward achieving NYK’s environment management target, which is to reduce CO2 emissions per ton-kilometer of transport by 50% by 2050. The vessel was built at the Shin Kurushima Dockyard of Shin Kurushima Toyohashi Shipbuilding Co.
Meet the World's First Digital Smart Ship, the Japanese Built LNG-Fueled PCTC Sakura Leader
The run up to 2050 and dramatic reductions in emissions from ships will, by most expert’s thinking, be an evolution of small steps premised on melding new fuels and digitalization technologies. The recent delivery of the LNG-fueled PCTC Sakura Leader to NYK can be considered a sizable leap in this regard, as the ship has been designated as the world’s first digital smart ship.A Big Step Toward CO2 Reduction TargetsOn October 28…
NYK Acquires Gazocean
On October 22, NYK signed a sales and purchase agreement with France's Total acquiring all of the company’s shares in the ship management company, Gazocean. Based in Marseille…