NYK has become the first Japanese shipping company to realize a carbon-neutral voyage by offsetting 5,000 tons of CO2, as the company’s environmental car carrier ‘Aries Leader’ completed a journey between Japan and the Middle East.
CDP, investment research provider, launched a report, ranking 18 of the largest publicly listed shipping companies, representing $62bn of market capitalisation, on business readiness for a low-carbon transition.
NYK Cruises informed that the cruise ship Asuka II, the largest cruise vessel carrying the Japanese flag, will undergo works at the Sembcorp Marine Admiralty Yard in Singapore from the middle of January 2020, during which it will be retrofitted with a scrubber. Earlier during 2018, NYK Line had announced that it has secured a USD 80.65 million syndicated loan agreement with MUFG Bank Ltd., with the aim to install scrubbers.
Japanese NYK announced it has secured a 9 billion yen syndicated loan agreement with MUFG Bank Ltd., with the aim to install scrubbers. This forms part of NYK’s medium-term management plan, which includes the group’s intent to integrate environmental, social, and governance (ESG) initiatives into management.
Shipping companies, including CMA CGM, Evergreen, Hapag Lloyd and Maersk, managed to reduce speeds to 12 knots or less in two regions, in the San Francisco Bay Area and the Santa Barbara Channel region from Jul to Nov 2017, as part of the Vessel Speed Reduction incentive program.
Wärtsilä informed that it has been contracted to supply the exhaust gas cleaning systems for two new 56,000 DWT Handymax bulk carriers, to be delivered to NYK. This is Wärtsilä’s first supply order of this equipment from any Japanese company.
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