NYK Celebrates O3 Challenge
The “Ocean of Opportunities Challenge” (O3 Challenge), a worldwide contest aimed at creating new value through open innovation in the maritime industry, has been successfully celebrated by NYK Group.This was the second consecutive year for the challenge, which is planned and conducted by NYK Group companies Symphony Creative Solutions Pte. Ltd. (SCS) and Ocean Network Express Pte. Ltd. (ONE), together with NUS Enterprise.The contest began in February with ONE issuing six challenges related to its work processes.
WinGD Elected Joins LNG Marine Fuel Institute
Switzerland-based low-speed gas and diesel marine engines marine manufacturer Winterthur Gas & Diesel (WinGD) has become a member of the LNG Marine Fuel Institute.WinGD, the company involved in the design and development of the two-stroke X-DF LNG engines, is highly invested in the advancement of the shipping industry through LNG as fuel.More than 150 engines of the new WinGD X-DF type are ordered, under construction or in operations, said a press release from the company.WinGD’s engine design history dates back to the late 1800s when they were founded as the Sulzer Diesel Engine business.
NYK Testing Cashless Ships
Japan's Nippon Yusen Kabushiki Kaisha (NYK) is currently considering the establishment of a new network that will enable onboard financial settlements through the remittance of electronic money (e-money).The the shipping and logistics company said it is as a part of the NYK Group’s medium-term management plan “Staying Ahead 2022 with Digitalization and Green”.Onboard tests have been conducted to examine the potential to reduce administrative work and the risk of cash loss, and thus foster an employee-friendly workplace where crews can work comfortably and concentrate on ship operations.Today…
Kwispaa LNG Signs FEED Contract of Two At-Shore LNG Hulls
The Kwispaa LNG Project achieved a significant milestone in its development this week as Kwispaa LNG signed a contract with Hyundai Heavy Industries for the Front-End Engineering and Design (FEED) of two At-Shore LNG hulls.This follows the recent Invitation to Tender to shortlisted EPC (engineering, procurement, and construction) contractors for the FEED work on the At-Shore LNG topsides, marine facilities, pre-treatment, and balance of onshore plant facilities. EPC contractor tenderers include Black & Veatch / Samsung Heavy Industries / PCL Industrial Management Inc.…
NYK Group Celebrates Successful O3 Challenge
Symphony Creative Solutions (SCS) an NYK Group company, held a thank you party with Ocean Network Express (ONE) at ONE’s head office to celebrate a successful Ocean of Opportunities Challenge (O3 Challenge), a contest for startups that was conducted from April to June 2018.Partners including NUS Enterprise and the Maritime and Port Authority of Singapore (MPA) were in attendance, and the solutions of the three O3 Challenge winners were introduced.The O3 Challenge, a worldwide contest aimed at creating new value through open innovation in the maritime industry…
DFDS Is Recruiting IT Developers
Danish shipping and logistics firm DFDS says it is working on a campaign to attract more IT developers.“We employ 250 people in our IT department and have many digital experts, but the world may still anticipate that shipping companies are only for shipping experts and seafarers,” said Henrik Holck, the company’s EVP, People and Ships.“We need all categories of competencies and our future success very much depends on our ability to create digital and IT solutions. Creative solutions make life easier for our customers and enable us to move people and goods ever more efficiently…
Transas CEO Coles Speaks on the Future for Seafarers
A message from Frank Coles, CEO of Transas on the International Day of the Seafarer. On this day of recognition, I would like to celebrate the women and men who commit their careers and their lives to being at sea for extended periods of time. The future facing the maritime industry today is a very different one from when I first went to sea in 1977. Back then the sextant was King. Today the people working at sea are aided by countless new technologies and digital innovations which have had a huge impact, improving both operations and safety.
Singapore Inspires Start-ups in Maritime Sector
The Maritime and Port Authority of Singapore (MPA) has launched the first Smart Port Challenge 2017 (SPC 2017) welcoming close to 190 registered participants from the technology, start-up and the venture capital (VC) community as part of MPA’s wider effort to develop innovation. The event was officiated by Dr Lam Pin Min, Senior Minister of State, Ministry of Transport and Ministry of Health. Building upon the last two Smart Port Hackathons driven by MPA in 2014 and 2015, SPC…
NYK Holds 10th Environmental Management Conference
On November 30 at NYK’s 10th annual Environmental Management Conference in Tokyo, Asahi Unyu Kaisha Ltd. (head office: Aichi; president and CEO: Toshiya Kozawa) and the GENEQ Corporation (head office: Fukuoka; president: Keiji Ushiyama) were selected from among 33 domestic NYK Group companies for recognition of environmental activities that resulted in the improvement of company value. NYK holds this conference once a year with NYK Group companies to share information on environmental practices and strengthen environmental management.
Long Beach Port Leads Way to Clear Backlog of Containers Due to Hanjin Bankruptcy
The Port of Long Beach is helping to clear a significant backlog of empty cargo containers from Southern California and free up the chassis they sit on, as part of an agreement with terminal operator Total Terminals International (TTI) to bring in a container ship to remove up to 4,300 empty containers. The bankruptcy of Hanjin Shipping declared on Aug. 31 resulted in a significant buildup of empty containers across Southern California, tying up the chassis they rest on. “The Port of Long Beach recognized the urgency to alleviate the shortage created by the estimated 6…
NYK Conduct Annual Safety Campaign
n August 24, NYK president Tadaaki Naito, 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 NYK is managing and operating. This meeting is part of NYK’s two-month Remember Naka-no-Se safety campaign,* which is implemented annually from July 1 of each year. The meeting is chaired by President Naito, who oversees NYK’s Safety and Environmental Management Committee…
Damen Delivers Modular Dredger to Van Oord
To support its ongoing dredging activities, Van Oord has commenced an 18-month charter agreement with Damen Marine Services for a Modular Multi Cat (MMuC) 2210. Damen completed construction under a short timescale, delivering the vessel just four months after contract signing. The newly built vessel is the first fully classified Damen MMuC to enter service, making Damen Marine Services the launching customer. Dredging and marine contractor Van Oord has a substantial fleet operating in the Caspian Sea region, to which Damen has contributed six vessels.
KVH Dominates Global Maritime VSAT Market
KVH Industries, Inc., (Nasdaq: KVHI), announced that as of the end of 2015, it had shipped more than 6,000 TracPhone® satellite communications antenna systems for the mini-VSAT Broadbandsm network. This milestone reaffirms the company’s top market share position in the maritime VSAT industry by vessels in service, a benchmark noted in the COMSYS Maritime VSAT Report, 4th Edition, March 2015. The company also announced that it recently expanded the capacity on its global mini-VSAT Broadband network, which provides essential connectivity to vessels around the world.
'Big Data' Helps NYK Line Axe CO2 Emissions
In fiscal 2015, Nippon Yusen Kaisha (NYK Line) achieved a 14.3 percent reduction in CO2 emissions, exceeding the goal established in 2011 in the company’s "More Than Shipping 2013" medium-term management plan calling for a 10 percent reduction by fiscal 2015 in the CO2 emission rate per unit of transportation from vessels compared with the rate recorded in 2010. NYK has worked “to contribute to the global environment and the creation of sustainable societies by managing environmental risks and arriving at an optimal balance between environment and economy…
NYK to Buy Into Emas Chiyoda
Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) has agreed to invest in EMAS Chiyoda, a subsea services joint venture between oilfield services firm Ezra Holdings Ltd and Chiyoda Corp. NYK has reached an agreement with Ezra Holdings Limited (Ezra) and Chiyoda Corporation (Chiyoda) to acquire a 25 percent share of EMAS Chiyoda Subsea Limited (ECS). After NYK’s participation, the shareholding structure of ECS will change to Ezra 40%, Chiyoda 35%, and NYK 25%. ECS is a global player in the engineering…
NYK Selected “Competitive IT Strategy Company”
The NYK Group has been selected by Japan's Ministry of Economy, Trade and Industry (METI) and the Tokyo Stock Exchange (TSE) as a “Competitive IT Strategy Company” for 2016. NYK is the first company in the maritime industry to receive this award. This award recognizes NYK's appropriate internal governance of the planning, execution, and utilization of IT, in addition to the company’s active IT efforts. Since 2015, METI and TSE have assessed companies listed on the TSE for proactive IT implementation that creates management innovation…
Award for Japan's First LNG-fueled Tugboat
NYK Line received award sponsored by the Japan Federation of Freight Industries (JFFI) recognizing the environmental load reduction achieved by Japan's first LNG-fueled tugboat, Sakigake. This is the third time since 2009 that NYK has been honored at this annual awards ceremony. NYK has been conducting technical research and development on the use of LNG to fuel ships in order to meet the tightened regulations on CO2 emissions from vessels. Sakigake, which was delivered in August 2015 and comes equipped with dual-fuel engines that can use either LNG or diesel oil…
Fathom to Focus on Student Education
Fathom is finalizing preparations for its July 17 Dominican Republic voyage representing the first ever cruise to the Caribbean focused on Science, Technology, Engineering and Math (STEM) programming. The 7-day cruise will feature specialized STEM-focused workshops for educators that Fathom developed in close collaboration with the Center for Science Teaching and Learning (CSTL). Fathom also will play host to the fifth annual Clean Tech Competition, a unique research and design challenge for pre-college youth.
Ship of the Year Award for NYK Vessel
Japan's first LNG-fueled ship, Sakigake, which is a tugboat owned by NYK has been recognized with a Technology Special Award at the 2015 Ship of the Year Awards sponsored by the Japan Society of Naval Architects and Ocean Engineers (JASNAOE). An awards ceremony was held on July 7 at the Kaiun Club in Tokyo. This is the 26th year that JASNAOE has recognized the most technically advanced, well-designed, and socially conscious vessels built in Japan, and Sakigake was noted by manufacturers and related organizations for the tugboat’s environmental performance…
NYK Hosts Fleet Safety Promotion Conference
Over three times in July, NYK hosted safety promotion conferences for shipowners and ship-management companies at the NYK head office in Tokyo and at Imabari city in Ehime prefecture. These conferences are held every year in two months from July, as part of the “Remember Naka-no- Se” safety campaign, which draws on the lessons learnt by the Diamond Grace oil spill in July 1997 to encourage all NYK Group employees to bear in mind the importance of safe operations. This year, a total of 177 participants from 82 companies gathered at the conferences.
NYK Buys Stake in EMAS Chiyoda Subsea
NYK has acquired a 25 percent share of EMAS Chiyoda Subsea Limited (ECS), based on an agreement signed on June 10 with Ezra Holdings Limited (Ezra) and the Chiyoda Corporation (Chiyoda). ECS is a global player in the engineering, procurement, construction, and installation (EPCI) of subsea facilities — essential components in offshore oil and gas field development. After this acquisition, ECS’s shareholding structure will shift to Ezra 40 percent, Chiyoda 35 percent, and NYK 25 percent.
NYK Steams Ahead
Tokyo-based Nippon Yusen Kaisha (NYK) Group is not only one of the world’s largest ship owners with a diverse fleet of more than 800 ships, it is a growing global maritime logistics powerhouse. Maritime Reporter & Engineering News visited with Yasuo Tanaka, Senior Managing Corporate Officer, Naval Architect, in Tokyo for his insights on the company’s continued efforts to invest in operational efficiency. The story of NYK cannot start without a look at the numbers, because the numbers tell the story in a most impressive fashion.
NYK Jointly Develops Innovative Anti-rust Agent
NYK and Agua Japan Co. Ltd. have jointly developed an innovative anti-rust agent to prevent iron and steel rust on vessels. The new agent, Marine Guard 100 (MG 100), has rust conversion properties, and paint containing the agent can be applied to metal surfaces. The anti-rust efficacy of MG 100 was verified during two and half years of testing on the deck, ballast tank,* piping, and other metal surfaces of an oceangoing coal carrier. The coal carrier used for the test is owned by NYK and its ship manager is Hachiuma Steamship Co. Ltd.