On March 9th 2023, the coal carrier Kagura for the Chugoku Electric Power Co., was delivered at Oshima Shipbuilding Co. A naming and delivery ceremony took place on the same day and was attended by Shigeru Ashitani, representative director, vice president and senior managing executive officer of EnerGia Hitoshi Nagasawa, president of NYK.
Under a long-term transport contract with EnerGia, the vessel will use carbon offsets to theoretically reduce its greenhouse gas (GHG) emissions to zero for the entire contracted voyage, making the marine transport of coal under the contract carbon neutral. Specifically, CERs (certified emission reductions) as credits (emission rights) for the GHG emissions of the entire contract voyage have been procured to offset the GHG emissions.
According to NYK, the ship’s name, Kagura, is derived from Iwami Kagura,a masked traditional performance art loved by the people of Japan’s Chugoku region. The vessel was named by EnerGia with the hope that the ship will be loved by people for a long time.
We provide marine transport services that meet the needs of our customers, while at the same time promoting corporate activities that reduce environmental impact. We will continue to actively engage in activities to decarbonize marine transport and strive to realize our basic philosophy of Bringing value to life.
…said the company.
On February 3, 2021, NYK released the NYK Group ESG Story, which aims to further integrate ESG into the company’s management strategy and promotes activities that contribute to the achievement of the SDGs through business activities. On March 24, 2022, NYK released the updated NYK Group ESG Story 2022, which introduces initiatives for integrating ESG into the Group’s management strategies set forth in the “NYK Group ESG Story” and provides a partial explanation of the Group’s sustainable growth strategy from a long-term perspective.
In addition, NYK has established “Sail GREEN” as the company’s ESG brand to emphasize NYK’s efforts to reduce GHG emissions through the transport of goods and contribute to the eco-friendly supply chains of customers, regardless of the mode of transport (e.g. by sea or land, through terminals, etc.). This initiative is part of that.
To vigorously promote ESG management, NYK’s group will provide carbon-neutral transportation through various means, focusing on fuel conversion and improvements in energy efficiency.
