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NYK achieves CO2 emission reduction objective from vessels

In fiscal 2013, NYK achieved an 18.1 percent reduction in CO2 emissions, significantly exceeding the goal established in 2008 in the company's "New Horizon 2010" medium-term management plan calling for a 10 percent reduction by fiscal 2013 in the CO2 emission rate per unit of transportation from vessels compared with the rate recorded in 2006. NYK has worked "to contribute to the global environment and the creation of sustainable societies by managing environmental risks and arriving at an optimal balance between environment and economy," as indicated in the company's environmental management vision. This achievement is the product of not only the aggressive introduction and development of the latest energy-saving technologies, such as an air-lubrication system, but also a reduction activities in fuel consumption and CO2 emissions since 2005 resulting from a cooperative effort for efficient and optimal vessel operations and better stakeholder relations among NYK, shipowners, and ship-management companies. This effort is expected to help NYK to attain the goal announced in 2011 in the company's "More Than Shipping 2013" medium-term management plan: a 10 percent improvement in fuel-efficiency above the 2010 level by fiscal 2015. In fact, the company's latest medium-term management plan, "More Than Shipping 2018," was announced ...

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UECC orders two dual fuel LNG Pure Car and Truck Carriers

United European Car Carriers (UECC), jointly owned by Nippon Yusen Kabushiki Kaisha (NYK) and Wallenius Lines, has signed a contract to construct two dual fuel LNG PCTCs. The contract has been signed with Kawasaki Heavy Industries (KHI) and the vessels will be constructed at the NACKS shipyard in Nantong, China which is a joint venture between KHI and China Ocean Shipping (Group) Company. Deliveries of both the vessels will be in the second half of 2016. The vessels will be 181 metres long with a 30 metre beam. Both the vessels will have 1A super Finnish/Swedish ice class, facilitating year round trading in the Baltic area. Approximately 3 800 standard sized cars spread over 10 decks will able to be transported. A significant part of the cargo capacity can also be used to transport high & heavy cargo and any other cargo loaded on to mafi trailers. The deck configuration is optimised for both present and predicted future cargo mix. The vessels are capable of operating with LNG fuel or heavy fuel oil and marine gas oil, providing greater flexibility and efficiency. It is the first PCTC of its kind to be fitted with an LNG fuel propulsion system, and ...

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