NYK to Improve Dry Bulk Fleet Safety
Japanese shipping company Nippon Yusen Kaisha (NYK) held its annual Dry Bulk Safety Conference at the company’s headquarters in Tokyo to share safety awareness and review trouble response for dry bulk vessels.A total of 75 participants from 41 Japanese shipowners and ship-management companies attended.The conference has been held every year since 2010 to promote safety through the exchange of ideas and the sharing of information about recent incidents with shipowners and ship…
Methanol-Fueled Chem Tanker Delivered to NYK
Nippon Yusen Kaisha (NYK Group) has taken delivery of Takaroa Sun, a methanol carrier equipped with two-stroke dual-fuel engine tech that allows the vessel to be powered by methanol. Built in South Korea at Hyundai MIPO Dockyard, the new ship was funded through NYK’s green financing initiative established to support environment-friendly projects.Takaroa Sun was built with the MAN Energy Solutions second-generation B&W ME-LGIM two-stroke dual-fuel engine that runs on both methanol and conventional marine fuel.
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 (environmental, social, and governance) criteria, for a 17th straight year.The DJSI, which is a major global index for companies engaging in ESG initiatives, is composed of selected sustainability-driven companies from over 3,500 worldwide companies invited to participate in a selection process consisting of an in-depth analysis of economic…
NYK Wins Seafarers Safety Award
Japanese shipping giant Nippon Yusen Kaisha (NYK Line) has been recognized with the 2019 Seafarers Safety Initiative Grand Prize awarded by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) for the company’s seafarer safety activities.The award recognizes NYK’s initiatives to prevent human accidents and utilize engine data.
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 Threatened Species) in the Kishu Minabe Sea Turtle Research Project sponsored by NYK and conducted by the NPO Earthwatch Japan.Earthwatch, a non-profit organization established in 1971 in Boston, is an international nongovernmental organization. It provides researchers with both human and financial support for overseas field research and surveys."This research project is conducted at Minabecho in Wakayama prefecture…
NYK Intros Compliant Additive for LSFO
The Japanese Shipping Company Nippon Yusen Kaisha (NYK) have jointly developed a new fuel-oil additive for low-sulphur compliant fuel-oil that meets SOx emission requirements.Yunic 800VLS (patent pending) is Japan’s first additive for very low sulfur fuel oil, or VLSFO. The additive improves safety by helping to avoid troubles that may be caused by certain contents of VLSFO.A global sulfur cap will enter into force on January 1, 2020, and one way ships can meet the requirement is by using VLSFO (sulfur content below 0.5%).
ONE Adds New 14,000 TEU Boxship ONE Apus
Ocean Network Express (ONE), a Japanese container shipping company that is headquartered in Tokyo and Singapore, announced that ONE APUS, with a carrying capacity of 14,000 TEU, was successfully delivered at Kure Shipyard of Japan Marine United Corporation.The sublet owner is Nippon Yusen Kaisha, said a press release from the provider of container shipping and terminal services.This is ONE’s second delivery this year, and the 6th of a series of seven newly built 14,000 TEU magenta containership…
GTT Receives Tank Design Order from HSHI
GTT has received an order from Hyundai Samho Heavy Industries (HSHI) for the tank design of a Liquefied Natural Gas Carrier (LNGC) on behalf of the Japanese ship-owner Nippon Yusen Kaisha (NYK).GTT’s Mark III Flex membrane containment system has been selected to equip the LNGC, offering a capacity of 174,000 m3. The vessel’s delivery is scheduled for the end of 2022.
NYK Bags Environment Award
Tokyo-headquartered shipping and logistics company Nippon Yusen Kaisha (NYK) has received the Ministry of Environment Award in the Japan Green Innovation Department at the Japan Green Bond Awards sponsored by Japan’s Ministry of the Environment, which is promoting green bond to address environmental issues.A ceremony was held on March 1 and attended by Katsuya Nakano, general manager of NYK’s Finance Group, said a release from the global transportation company.The Japan Green Bond Awards recognize outstanding initiatives in the issuance of green bonds…
Shipbuilding: ONE Grus Delivered
Ocean Network Express Pte. Ltd. (ONE) has announced that ONE Grus, with a carrying capacity of 14,000 TEU, has been successfully delivered at Kure Shipyard of Japan Marine United Corporation. The sublet owner is Nippon Yusen Kaisha. This is ONE’s first delivery this year, and the 5th newly built 14,000 TEU magenta containership, after ONE Columba (delivery date on November 16th, 2018). It is equipped with outstanding safety and environmentally-friendly capabilities such as structural arrest technology and highly efficient welding technology.
PSA, ONE Launch Container Terminal in Singapore
The global transport company Ocean Network Express (ONE) and PSA Singapore (PSA),the flagship terminal of the global port group PSA International, will join hands to form a joint venture company based at Pasir Panjang Terminal in Singapore.Subject to regulatory approvals, the joint venture terminal is scheduled to commence operations in the first half of 2019 and operate four mega container berths with a combined annual handling capacity of 4 million TEUs, said a press release from the global container shipping company headquartered in Singapore.Pasir Panjang Terminal…
LPG Carrier "Laurel Prime" Christened at MHI
Mitsubishi Shipbuilding Co.held a christening ceremony for a liquefied petroleum gas (LPG) carrier currently under construction for Astomos Energy Corporation. The christening ceremony was held at the Koyagi Plant of MHI's Nagasaki Shipyard & Machinery Works for the ship named “Laurel Prime” by Seiya Araki, president of Astomos Energy Corporation.NYK has traditionally given LPG carriers two-word names that begin with the letters “L” and “P” respectively. This ship was named Laurel Prime with the wish that it will represent superior achievement and honor…
NYK Launches Ship-management Platform NiBiKi
Japenese shipping company Nippon Yusen Kaisha (NYK) has announced the launch of its new ship management platform ‘NiBiKi’, which is expected to reduce complications for crew members.The new platform NiBiKi is useful for the onboard crew helping them to work comfortably and concentrate on ship operations, said a press release from the company.The data will be shared with five ship-management companies* overseeing about 260 vessels to realize further safety, it said.In accordance with the Safety Management System (SMS) manual…
ONE Delivers 14,000-TEU Containership
Ocean Network Express Pte. Ltd. (“ONE”) is has announced that ONE Columbia, with a carrying capacity of 14,000 TEU, has been successfully delivered at Kure Shipyard of Japan Marine United Corporation. The sublet owner is Nippon Yusen Kaisha. This is ONE’s 4th newly built 14,000TEU magenta containership delivered this year, after ONE Stork (delivery date on 12th June 2018), ONE Minato (26th July 2018), and ONE Aquila (7th September 2018). Currently, 3 more vessels in ONE’s order book are in the construction process and expected delivery is in 2019.ONE Columbia…
GTT to Design Tanks for NYK's New LNG Carrier
GTT said it has received an order notification from South Korean shipbuilder Samsung Heavy Industries (SHI) for the tanks design of a liquefied natural gas (LNG) carrier on behalf of the Japanese ship-owner Nippon Yusen Kaisha (NYK).GTT's Mark III Flex membrane containment system has been selected to equip the LNGC, offering a capacity of 174,000 m3. The vessel's delivery is scheduled for Q1 2021.
14,000-TEU ONE Aquila Delivered
Ocean Network Express Pte. Ltd. (ONE) announced it has taken delivery of the 14,00 TEU capacity ONE Aquila at Japan Marine United Corporation’s Kure Shipyard in Hiroshima.
NYK to Test Autonomous Boxship
Nippon Yusen Kaisha (NYK) and NYK Group companies MTI Co. Ltd., Keihin Dock Co. Ltd., and Japan Marine Science Inc. (JMS) have been selected by Japan's Ministry of Land, Infrastructure, Transportation and Tourism (MLIT) to participate in a demonstration project utilizing ship maneuvering support functions and remote control.By 2025, Japan is seeking to begin demonstrations for the practical implementation of autonomous ships.With the aim to pursue efficient, safe operations and reduce officer workload…
NYK Line's Green Bonds Terms and Conditions Determined
Japan's Nippon Yusen Kaisha (NYK), the world's first shipping company to issue a labelled green bond, said that it has determined the below terms and conditions for the issuance of its 40th corporate debenture bonds, unsecured straight bonds. Bond name will be Nippon Yusen Kaisha 40th Issuance of Corporate Debenture Bonds (with inter-bond pari passu clause) and issue amount wil be 10 billion yen. The bond's maturity is 5 years. In April and early May, NYK announced its intention to issue green bonds and the efforts being made to ensure transparency.
NYK, Oyak to Build Car Terminal in Turkey
Turkey’s Oyak Group - owner of the country’s biggest steel producer, Erdemir Group - is to invest in a car logistics terminal in Yarimca port near Istanbul in partnership with Japan’s Nippon Yusen Kaisha (NYK Line). According to a Reuters report, the investment will be $110 million. According to NYK press release, Süleyman Savaş Erdem, general manager of OYAK, and Koichi Chikaraishi, NYK representative director and senior managing corporate officer, were on hand for the signing ceremony held in Istanbul on April 5.
Cargo Ships Slow Transits to Curb Emissions, Protect Whales
Partners in an initiative to cut air pollution and protect whales have announced results from the 2017 program and publicly recognized the 11 shipping companies who participated, reducing speeds to 12 knots or less in two regions. For the first time the program included speed reduction zones in the San Francisco Bay Area in addition to the Santa Barbara Channel region. The voluntary incentive program started July 1 and ended November 15, 2017. Automatic Identification System (AIS)…
Driver-less Ships: Autonomy in the Maritime Sector
In a show of prototypes, a pod of unmanned sailboats from around the world competes to cross “The Atlantic” test tank in Horten, Norway. Cross the real ocean, and the Sail Bots race similarly challenges scholarly robotic-vessel designers to North America for a bit of station-keeping, collision-avoidance and “cargo moves”. For all, the future seems bright — the first commercial runs of unmanned vessels are underway or scheduled worldwide. These earliest movers have the support of governments, Google and grateful clients.
Toyota Backs Japanese $1.8 Bln LNG Vessel Order
Japanese car manufacturer Toyota Motor Corporation is turning to LNG-powered ships to transport its cars across the globe, according to a report from Japanese daily Nikkei. The company has backed an investment in up to 20 LNG-powered car carriers with the capacity to carry 7,000 vehicles each, as it is preparing for the environmental regulations that will go into force in 2020. Nippon Yusen Kaisha (NYK), Kawasaki Kisen Kaisha (K Line) and Toyota’s Toyofuji Shipping are expected to be in the running for the contract, which is estimated to be approximately $1.83 billion.
THE Alliance Sets $50 Mln Insolvency Contingency Fund
Remarks from Federal Maritime Commissioner William P. Doyle at the FTR Transportation Conference 2017, Indianapolis, Ind. On September 13, 2017, I voted to expedite the Commission’s decision and support THE Alliance’s amendment authorizing creation of a contingency trust fund designed to protect customers’ cargo and the ocean transportation chain should one of THE Alliance’s carriers experience financial distress or an insolvency event. I support the goal behind this amendment: the smooth and continuous flow of cargo even in the face of another ocean carrier bankruptcy or catastrophic failure.