Ammonia does not emit carbon dioxide (CO2) when it is heated and would thus be expected to contribute to the effort to address global warming. In addition, if CO2-free hydrogen is used, zero emissions are said to be achieved.
NYK is thus considering the use of ammonia as marine fuel, one of the solutions for decarbonization.
In this regard, at the Getting to Zero Coalition meeting in Denmark, NYK introduced the use of ammonia as a practical solution, in addition to the company’s fuel supply chain efforts, such as marine LNG fuel supply business.
This comes in line with the company's efforts to create next-generation green businesses, involving alternative marine fuels, to realize decarbonization, as well as the company’s philosophy of "Bringing value to life".
In accordance with the NYK Group’s medium-term management plan “Staying Ahead 2022 with Digitalization and Green,” the organization is working to achieve the UN SDGs through its business activities.