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NYK: new carriers for Freeport LNG Project

 Two joint-venture companies that NYK has established with Chubu Electric Power Co. Inc. each concluded a time-charter contract for a new liquefied natural gas (LNG) carrier with Chubu Electric Power.In addition, one of the joint-venture companies, Trans Pacific Shipping 6 Limited, concluded a shipbuilding contract with MI LNG Company Limited, and other joint-venture company, Trans Pacific Shipping 7 Limited, concluded a shipbuilding contract with Kawasaki Heavy Industries Ltd.MI LNG Company Limited is a joint venture established in April 2013 by Mitsubishi Heavy Industries Ltd. (equity ownership 51%) and Imabari Shipbuilding Co. Ltd. (49%) for designing and marketing new LNG carriers.These new ships will be managed by NYK after being delivered in 2018 and assigned to transport LNG for a 20-year period from the Freeport LNG Project, in which Chubu Electric Power Co. Inc. has an equity interest.Source: NYK / Image Credit: Mitsubishi Heavy IndustriesIn the start, I was open with you propecia before and after has changed my essence. It has become much more fun, and now I have to run. Just as it is improbable to sit.

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NYK to participate in tsunami recovery effort

 NYK has concluded a contract with United Green for partial ownership of a canola flower field along the Sanriku shoreline, an area that suffered extensive damage from the tsunami that accompanied the Great East Japan Earthquake in 2011.United Green is a general incorporated association that has implemented a recovery project involving canola flower fields in Kamaishi city in Iwate prefecture. To improve the landscape and help develop a sustainable regional industry, canola flowers have been planted in farmlands that had been damaged by salt or simply abandoned. The oil produced from the canola flowers will be marketed under the brand name "Yuicco."This contract will make NYK an owner of a specific area of the canola flower field. The company will organize volunteers to assist with the project, and the oil will be sold inside the company so that employees who may not have the opportunity to visit the region can be a part of the recovery effort and maintain a connection with the area’s residents.Since the 2011 disaster, NYK has made numerous arrangements for employees who desire to assist in the region as volunteers. Since last year, newly hired employees have also actively participated, with each volunteering in Otsuchi town ...

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