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Partners Seek to Guarantee Ship Performance in Real Sea Conditions, Waves and All
Japanese shipping company NYK Line and shipbuilder Japan Marine United Corporation (JMU) say they plan to introduce a new shipbuilding contract that guarantees propulsion performance in actual sea conditions, factoring in heavy sea states encountered by vessels at sea.Typically, shipbuilding contracts guarantee ship speed based on horsepower in calm sea conditions, without waves. Mutual confirmation then occurs during sea trials before the ship is delivered.HoweverâŠ
Japan Trio Begins Work on an Ammonia-Fueled Tugboat
As the marine industry works to find the âfuel of the futureâ to address increasingly stringent emission regulations, an interesting development from a trio of marine powers in Japan seeks to develop the worldâs first ammonia-fueled tugboat. The joint research and development agreement was signed by NYK, IHI Power Systems Co., Ltd., and ClassNK recently to put the world's first ammonia-fueled tugboat into practical use.With the entry into force of the Paris Agreement in 2016âŠ
Japanese Partners Eye Ammonia as Marine Fuel
A joint research and development (R&D) project initiated by a group of Japanese maritime companies aims to utilize ammonia as a marine fuel and establish methods for the mass transportation and supply of ammonia.The joint R&D agreement signed by NYK Line, Japan Marine United Corporation and Nippon Kaiji Kyokai (ClassNK) on August 6 will target the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuelâŠ
NYK Invests in Tugboat Biz at Largest Port in Vietnam
NYK Line (Vietnam) Co. Ltd. acquired 15% of total issued shares of Thoresen Vinama Tug Co. Ltd. (TVT hereunder) and entered the tugboat business at Phu My and Cai Mep ports in Vietnam.TVT has two tugboats providing tugboat services at Phu My and Cai Mep ports, located in the suburbs of Ho Chi Minh and the largest ports in the nation in terms of import/export cargo and inbound/outbound vessels.NYK made this investment decision after considering the tugboat business in VietnamâŠ
New LNG Carrier for EDF LNG Shipping Receives Cyber Notation
A liquefied natural gas (LNG) carrier dubbed Elisa Larus, owned by France LNG Shipping (a French ship-owning company jointly owned by NYK and Geogas LNG) and under a long-term charter contract with EDF LNG Shipping, was delivered. Built at Hyundai Samho Heavy Industriesthe ships is the first long-term contract with EDF LNG Shipping and will be engaged in LNG transportation for up to 20 years.The vessel has a 174,000 cu.
ClassNK AIP to NYK Line, MTI for Autonomous Ship Framework
ClassNK granted an Approval in Principle (AiP) to NYK Line and MTI for their joint project on the concept design of an autonomous ship framework (development code âAPExSâ).In January 2020, ClassNK released its âGuidelines for Automated/Autonomous Operation of ships" which comprehensively summarize the requirements for each stage of conceptual design, design development, installation, and maintenanceâŠ
NYK Focuses on Ammonia as Marine Fuel
Japan-based shipping giant NYK has presented its concept for using ammonia as a marine fuel or zero-emission ships as part of the industryâs decarbonization drive.AmmoniaâŠ
NYK Joins DecarbonICE Project
Japanese shipping giant Nippon Yusen Kaisha (NYK Line) has joined the international DecarbonICE project that will be conducting a feasibility study to capture onboardâŠ
NYK Line Wins First Sustainability Loan in Japan
The Japanese shipping giant NYK Line has secured a syndicated sustainability-linked loan from MUFG Bank Ltd. This is Japan's first advanced loan that allows forâŠ
NYK to Improve Dry Bulk Fleet Safety
Japanese shipping company Nippon Yusen Kaisha (NYK) held its annual Dry Bulk Safety Conference at the companyâs headquarters in Tokyo to share safety awareness andâŠ
NYK Joins Green Vessel Coalition
Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) has joined the Getting to Zero Coalition, a partnership among the Global Maritime Forum, the Friends of Ocean actionâŠ
NYK Places Order for Worldâs Largest LNG-Fueled PCTC
NYK has placed an order for the world largest pure car and truck carrier (PCTC) capable of navigating oceans with only LNG as the main fuel. A keel laying ceremony was held on September 20 at Shin Kurushima Toyohashi Shipbuilding Co. Ltd., and NYK managing corporate officer Takaya Soga and other related parties were in attendance. The ship is scheduled to be delivered in 2020 and will be the firstâŠ
NYK Conducts Japanâs First Carbon-Neutral Voyage
NYK has become the first Japanese shipping company to realize a carbon-neutral voyage by offsetting 5,000 tons of carbon dioxide (CO2), equivalent to the CO2 emitted by NYKâs environmental flagship car carrier Aries Leader during one voyage between Japan and the Middle East.Aries Leader is equipped with the latest energy-saving technologies, reducing CO2 emissions per unit by 30% compared with existing large pure car carriers (i.e., comparing emissions on a per car basis).
NYK in ESG Index for 17th Year in a Row
Japan's shipping giant Nippon Yusen Kaisha (NYK) has been selected for the Dow Jones Sustainability Indices (DJSI), the world's leading investment indexes for ESG (environmentalâŠ
NYK Signs LNG Vessel Order for Total TC
Japanese shipping gaint Nippon Yusen Kabushiki Kaisha (NYK) has signed a new long-term contract with Total Gas & Power Chartering Limited (TGPCL), a subsidiary of TotalâŠ
NYK Group to Build New Heavy-lift Vessels
NYK Bulk & Projects Carriers Ltd., an NYK Group company and the only shipping company that owns and operates heavy-lift ships in Japan, signed a contract with Nanjing Jinling Shipyard Co. Ltd., which is part of the China Merchants Group, to build a pair of heavy-lift vessels. The ships will be equipped with a pair of 400-ton cranes and be able to lift up to 800 tons of heavy cargo. The hold will be about 95 meters in length at its maximum without any bulkheadsâŠ
NYK Sponsors Sea Turtle Research
Japanese shipping giant Nippon Yusen Kaisha (NYK Line) said that it has started a new approach to track loggerhead sea turtles (listed on the IUCN Red List of ThreatenedâŠ
NYK Talks Openly About Safe Operations
On August 7, 20 NYK executive officers and a group of six vessel captains and chief engineers held a meeting at NYK headquarters in Tokyo to openly exchange opinions about the safe operation of vessels that the NYK Group is managing and operating.This meeting is part of NYKâs two-month Remember Naka-no-Se safety campaign,* and is chaired by NYK president Hitoshi Nagasawa, who oversees NYKâs SafetyâŠ
Delft Technology Students Visits NYK
NYK welcomed 35 students and their professor from the Netherlandsâ Delft University of Technology (TU Delft) on July 30 to examine the groupâs initiatives for âDigitalization and Green,â the theme of the companyâs medium-term management plan.Prof. Mirek Kaminski of TU Delft is a leading European researcher on sloshing* and has cooperated with risk assessments conducted by MTI, an NYK Group companyâŠ
NYK Demonstrates Support of Zero Emission Tokyo
In support of initiatives by the Tokyo Metropolitan Governmentâs Bureau of Environment to make zero CO2 emissions in Tokyo, NYK has donated 14,027 tons of CO2 creditsâŠ