NYK Exhibits Zero-Emission Vessel at G7 Hiroshima Summit

At the Group of Seven (G7) summit held in Hiroshima, Japan, from May 18 to 22 , NYK exhibited a conceptual design for an ammonia-ready LNG-fueled vessel at the summit’s PR exhibition space. NYK’s exhibit included the company’s attempts to implement the world’s first ammonia-fueled vessel with a domestic engine (i.e., ammonia-fueled tugboat and ammonia-fueled ammonia carrier) and contained videos and panel displays to introduce zero-emission vessels.

In cooperation with other companies, NYK is promoting its participation in a project to develop the first ammonia-fueled vessel with a domestic engine. This is part of the Green Innovation Fund projects* sponsored by Japan’s New Energy and Industrial Technology Development Organization (NEDO).

For domestic and foreign media, more than 30 heavy industries, automotive manufacturers, and other entities including related ministries, local governments, and public corporations set up booths featuring Japan’s world-leading initiatives in decarbonization, biodiversity conservation, disaster prevention, digitalization, and other areas. NYK was the sole company from the shipping industry to participate.

NYK will continue its efforts to achieve its long-term goal of reducing greenhouse gas (GHG) emissions to net zero by 2050.

Panel displays: Challenge for Carbon Neutrality by 2050 in International Shipping Industry

Conceptual designs for an ammonia-ready LNG-fueled vessel

On March 10, 2023, the NYK Group released its medium-term management plan “Sail Green, Drive Transformations 2026 — A Passion for Planetary Wellbeing.” The NYK Group is promoting growth strategies with ESG at the core, based on the Group’s basic philosophy of “Bringing value to life” and a new corporate vision for 2030, which reads, “we go beyond the scope of a comprehensive global logistics enterprise to co-create value required for the future by advancing our core business and growing new ones.”

Related Sustainable Development Goals (SDGs)

* Green Innovation Fund projects
To significantly accelerate current initiatives such as structural transformation of the energy and industrial sectors and innovation through bold investment towards carbon neutrality by 2050, a 2 trillion yen fund has been created at NEDO to provide continuous support to companies and others who are working on management issues based on shared ambitious and specific targets in the public and private sectors. The fund system provides continuous support for up to 10 years, from research and development and demonstration to social implementation. Support is provided mainly in the 14 priority fields for which action plans have been formulated in the Green Growth Strategy.

NYK’s 4th LNG fueled RORO vessel, Wild Rose Leader, makes first visit at Japanese ports.

Wild Rose Leader, NYK’s fourth LNG-fueled pure car and truck carrier (PCTC), entered the ports of Nagoya on May 10 and Yokkaichi on May 15 for the first time. On the same days, commemoration ceremonies were held at each port and attended by related parties to celebrate the vessel’s arrival and wish it a lifetime of safe voyages.

Wild Rose Leader with LNG bunkering ship Kaguya
(The Photo provided by Central LNG Marine Fuel Japan Corporation1)

Wild Rose Leader is the second of four vessels to be delivered from China Merchants Jinling Shipyard (Nanjing) Co. Ltd. 2 and was given the name of a flower to emphasize NYK’s desire for its LNG-fueled PCTCs to pass on a healthy global environment through environment-friendly transportation.

The day after entering the port of Nagoya, the vessel received LNG fuel from Kaguya, an LNG bunkering ship operated by Central LNG Marine Fuel Japan Corporation, which is a joint venture owned by NYK and other partners. This was the first ship-to-ship LNG bunkering to ever occur at Nagoya port.

On May 12 at the port of Nagoya, the vessel loaded vehicles and equipment handled by Isewan Terminal Service Co., Ltd.,3 and on May 15 at the port of Yokkaichi , the vessel loaded vehicles made by Honda Motor Co., Ltd.

The Ceremony at the port of Nagoya
Fourth from right in the first row: Masanobu Takami (President of Isewan Terminal Service Co.,Ltd.)
Fourth from left in the first row: Yuji Kamata (Executive Vice President of Nagoya Port Authority )
The Ceremony at the port of Yokkaichi
Fourth from right in the first row: Ken Ogawa (Chairman of Yokkaichi Port Promotion Association)
Fifth from left in the first row: Yoshihiro Shimada (Executive Vice President of Yokkaichi Port Authority)

NYK continues to contribute to safe, stable transportation and promote decarbonization in its supply-chains through its environment-friendly fleets.

Vessel Particulars

Name: Wild Rose Leader
LOA: 199.90 m
Beam: 38.0 m
Loadable Cargo: 7,010 units
Gross Tonnage: 71,846 tons
Year Built: 2023
Flag: Liberia

On March 10, 2023, the NYK Group released its medium-term management plan “Sail Green, Drive Transformations 2026 – A Passion for Planetary Wellbeing. ” The NYK Group is promoting growth strategies with ESG at the core, based on the Group’s basic philosophy of “Bringing value to life” and a new corporate vision for 2030, which reads, “we go beyond the scope of a comprehensive global logistics enterprise to co-create value required for the future by advancing our core business and growing new ones.”

NYK has set a long-term target of net-zero emissions of greenhouse gas (GHG) by 2050 for the NYK Group’s oceangoing business and aims at launching zero-emission ships that run on low-environmental-load marine fuels, such as ammonia or hydrogen, in the future. NYK is positioning LNG, a low-carbon marine fuel, as a bridge-solution until future zero-emission ships are realized. The company plans to take delivery of a total of 20 new LNG-fueled PCTCs by 2028 under the Sail GREEN4 brand.

Join us at BREAKBULK EUROPE 6-8 June!

NYK and FueLNG Achieve First LNG Bunkering of PCTC in Singapore

Nippon Yusen Kabushiki Kaisha (NYK), a leading Japanese shipping company, and FueLNG, a joint venture between Keppel Offshore & Marine Ltd and Shell Eastern Petroleum (Pte) Ltd, have completed the first bunkering to an LNG-fueled pure car and truck carrier (PCTC) in Singapore.

NYK’s Jasmine Leader, one of the largest PCTCs in the world, successfully completed her LNG bunkering with FueLNG Bellina on 8 March 2023.

This marks a significant milestone in NYK’s sustainability efforts and FueLNG’s mission to promote LNG as a marine fuel.

“We are delighted to have achieved the first PCTC LNG bunkering in Singapore through Jasmine Leader,” said Yuji Nishijima, executive officer in charge of fuel procurement at NYK. “This marks a significant step towards achieving our long-term target of net-zero emissions of greenhouse gas (GHG) by 2050 for the NYK Group’s oceangoing businesses, and we are grateful to FueLNG and the Maritime Port Authority of Singapore for their collaboration and support in making this possible.”

Mr Tahir Faruqui, Chairman of FueLNG and head of Shell Downstream LNG, said, ” This achievement highlights FueLNG’s commitment to advancing the adoption of LNG as a marine fuel, and we are pleased to work with NYK to demonstrate the feasibility and safety of this technology for a large-scale PCTC in Singapore. LNG is the lowest carbon fuel currently available at scale today and we will continue to collaborate with our customers to drive the growth of decarbonized LNG bunkering in the region.”

The bunkering operation was carried out in accordance with Singapore’s Technical Reference 56 for LNG Bunkering. This standard is a key part of Maritime and Port Authority of Singapore’s framework to ensure safe, reliable and transparent LNG bunkering operations in Singapore.

Achievement of first PCTC LNG bunkering in Singapore: NYK’s Jasmine Leader completes first bunkering with FueLNG Bellina (Photo: FueLNG, all Rights reserved)

About NYK

Nippon Yusen Kabushiki Kaisha (NYK) was founded in 1885 and is one of the world’s leading transportation companies. At the end of March 2022, the NYK Group was operating 814 major ocean vessels, as well as fleets of planes and trucks. The company’s shipping fleet includes 354 bulk carriers, 118 car carriers, 55 containerships (including semi-containerships), 85 LNG carriers (including those owned by equity method affiliates), 68 tankers, 37 wood-chip carriers, one cruise ship, and 96 other ships (including shuttle tankers and multi-purpose and project cargo vessels). The NYK Group is based in Tokyo, employs about 35,000 people worldwide, and has regional headquarters in London, New York/New Jersey, Singapore and Shanghai. On 3 February 2021, NYK announced the NYK Group ESG Story, which aims to further integrate ESG into the company’s management strategy. In order to continue to be a corporate group that remains essential to society and industry, the NYK Group aims to be a sustainable solution provider that creates new value while maximizing profits and achieving social and environmental sustainability from a long-term perspective.

Learn more about NYK at www.nyk.com/english/

About FueLNG

FueLNG, a joint venture between Keppel Offshore & Marine Ltd and Shell Eastern Petroleum (Pte) Ltd, is committed to providing safe, cost-efficient and reliable solutions in Liquefied Natural Gas (LNG) bunkering in Singapore. FueLNG is able to provide LNG bunkering to a wide variety of vessels through truck-to-ship or ship-to-ship bunkering.

Awarded the LNG bunker supplier license by the Singapore Maritime and Port Authority in 2016, FueLNG works with industry partners to build a world-class LNG bunkering network and encourages the adoption of LNG as a marine fuel.

For more information, visit https://www.fuelng.com.sg/

About Shell in Singapore

Shell is a global energy company that has been in Singapore since 1891. Around 3,000 employees in Singapore work together to power progress through more and cleaner energy solutions. We use advanced technologies and take an innovative approach to help build a sustainable energy future.

About Keppel O&M

Keppel Offshore & Marine Ltd (Keppel O&M) is a world leader in providing total solutions to the offshore, marine and energy industries. Bolstered by a global network of yards and offices, it has extensive know-how across a wide range of capabilities – design & engineering, new builds, conversions & repairs, and support services.

A pioneer in offshore solutions, Keppel O&M has a strong track record in designing and building high-performance offshore platforms, production units and specialised ships. It is a trusted partner in the conversion, repair and modification of diverse and complex rigs and vessels, and is also a developer of integrated solutions for the offshore renewable and infrastructure industries.

Backed by robust operational excellence, Keppel O&M innovates and leverages new technologies to deliver projects on time, on budget, safely, reliably, and to the highest quality.

Following the completion of the Proposed Combination of Sembcorp Marine Ltd (Sembcorp Marine) and the restructured Keppel O&M on 28 February 2023, Keppel O&M is now a wholly-owned subsidiary of Sembcorp Marine.

For more information, visit www.keppelom.com.

About Sembcorp Marine

Company Registration Number: 196300098Z

Sembcorp Marine Ltd provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has close to 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types. Sembcorp Marine’s diversified portfolio of products and solutions cover Renewables, Process, Gas, Ocean Living and Advanced Drilling Rigs with a growing focus on sustainable solutions that advance the global energy transition and maritime decarbonisation.

As a premier global player offering offshore renewables, new energy, and cleaner offshore & marine solutions, Sembcorp Marine is committed to delivering high standards of safety, quality, and performance to its customers who include major energy companies, owners of floating production units, shipping companies and cruise and ferry operators. The Group’s businesses supported by four commercial units: Rigs & Floaters; Repairs & Upgrades; Offshore Platforms and Specialised Shipbuilding.

Sembcorp Marine operates shipyards and other facilities in Singapore, Brazil, China, Indonesia, Japan, Philippines, Norway, the United Kingdom and the United States.

Discover more at www.sembmarine.com.

Hiroshima Port welcomes its first LNG-fueled PCTC

On February 27, an LNG-fueled pure car and truck carrier (PCTC) entered the port of Hiroshima for the first time. The vessel, Jasmine Leader, is NYK’s third LNG-fueled PCTC and the first of four to be delivered from China Merchants Jinling Shipyard (Nanjing) Co. Ltd.*

Jamine Leader / NYK RORO

Before entering port, the vessel received LNG fuel from Kaguya, an LNG-bunkering ship operated by Central LNG Marine Fuel Japan Corporation,** which is a joint venture owned by NYK and other companies.

Jasmine Leader is named after the jasmine flower, which is a symbol of beauty and known for its rich fragrance. Desiring to realize and pass on a healthy global environment through environment-friendly transportation, NYK is naming its LNG-fueled PCTCs after flowers.

The vessel will transport finished vehicles produced by Mazda Motor Corporation (head office: Aki-gun, Hiroshima Prefecture; Representative Director, President and CEO: Akira Marumoto), and seeks to fulfill customers’ demands for a lower environmental burden in the logistics field.

On the same day, a commemoration ceremony was attended by related parties of Mazda Motor Corporation and NYK. The participants celebrated the vessel’s entrance into Hiroshima port and wished it a lifetime of safe voyages.

NYK has set a long-term target of net-zero emissions of greenhouse gas (GHG) by 2050 for the NYK Group’s oceangoing businesses, and aims at launching zero-emission ships that run on low-environmental-load marine fuels, such as ammonia or hydrogen, in the future. NYK is positioning LNG, a low-carbon marine fuel, as a bridge-solution until future zero-emission ships are realized. The company plans to take delivery of a total of 20 new LNG-fueled PCTCs by 2028 under the Sail GREEN*** brand.

In 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.

* China Merchants Jinling Shipyard (Nanjing) Co. Ltd.
Headquarters: Nanjing, P.R. China
Business: Shipbuilding
Website: http://jlshipyard.sinotrans-csc.com/col/col4261/index.html

** Central LNG Marine Fuel Japan Corporation (head office: Kawagoe-cho, Mie-gun, Mie Prefecture), founded in May 2020, is a joint venture company comprising NYK, Kawasaki Kisen Kaisha, Ltd., JERA Co., Inc., and Toyota Tsusho Corporation. The company operates Kaguya, Japan’s first LNG bunker vessel.
https://central-lng.com/en/

*** Sail GREEN is a brand that emphasizes 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.).

Solar and Wind Power Generation Begins at Finished-Vehicle Logistics Terminal at Port of Tianjin, China

Towards the realization of an eco-friendly green terminal.

Two wind turbines have started operation at a finished-vehicle logistics terminal operated by an NYK affiliate company at the port of Tianjin, China. Together with the terminal’s solar power system, which has been in operation since March 2022, the new facility will be able to supply all the electricity needed by the finished-vehicle logistics terminal operated by the NYK affiliate at the port of Tianjin. In fact, on January 17 the terminal was presented with a carbon neutrality evaluation certificate from China Classification Society, a third-party certification body.

The terminal’s solar power system includes photovoltaic panels that have been installed on top of the terminal’s covered parking lot. The amount of electricity generated will be approximately 1.75 million kwh/year, which will reduce dioxide (CO2) emissions by about 1,400 tons/year.

In terms of wind power generation, two wind turbines have been installed on the terminal site. The amount of electricity generated will be approximately 23 million kwh/year, which will reduce CO2 emissions by about 23,000 tons/year. The wind turbines have been designed and installed with due consideration for the surrounding environment and safety.

Yutaka Ikeda, managing executive officer and chief executive of NYK’s Automotive Transportation Headquarters, commented, “I am very pleased that the solar and wind power generation systems at the finished-vehicle logistics terminal in Tianjin, China, in which NYK has invested, have started operation and that the terminal has received a carbon neutrality evaluation certificate in recognition of the effectiveness in combating climate change and reducing the environmental impact. The finished-vehicle logistics terminals operated by the NYK Group have already begun using renewable energy at the Daikoku C-3 Terminal at the port of Yokohama and the ICO Terminal at the port of Zeebrugge, Belgium. The NYK Group will continue to realize eco-friendly green terminals by horizontally expanding the know-how of use of renewable energy to the finished-vehicle logistics terminals that we operate around the world.”

Photovoltaic panels installed at the finished-vehicle logistics terminal

Wind turbine installed at the finished-vehicle logistics terminal:

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 tha

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Related Press Release

NYK Begins Research on Battery-Hybrid System to Reduce GHG from Ships

NYK and NYK Group company MTI Co., Ltd. (“MTI”), together with the American Bureau of Shipping (“ABS”) and Winterthur Gas & Diesel Ltd. (“WinGD”), have started joint research for optimization of ship design by utilizing a battery-hybrid system to aid ship propulsion and thus reduce GHG (greenhouse gas) emissions from vessels.

A vessel’s main-engine revolutions may increase significantly when a vessel tries to maintain its sailing speed during strong waves and winds. This phenomenon is called “load fluctuation.” The shaft generator may also increase the burden on the main engine. The shaft generator is connected to the ship’s propeller shaft to generate electricity within the ship as the main engine rotates.

The battery-hybrid system is a mechanism that decreases the burden that the shaft generator places on the main engine. This battery-hybrid system supplies electricity from the battery when the load on the main engine fluctuates. As a result, the power that the ship can use for its propulsion can be increased, and the operation of the main engine thus becomes more efficient. For these advantages, this system is being introduced to more oceangoing vessels. In addition, the use of the battery-hybrid system will lead to a reduction of GHG emissions since instead of a generator, which requires oil, it can supply electricity for the operation of onboard equipment during daily operations.

In this joint research, NYK, MTI, ABS, and WinGD aim to create an integrated simulation model of ships by combining the modeling technologies* of each company to maximize GHG emission reduction through use of this battery-hybrid system.

Specifically, an integrated model of an entire ship will be created by combining NYK and MTI’s modeling technologies for actual sea performance** and WinGD’s modeling technology for engine plants that include batteries. Then, using ABS’s advice on the evaluation of the effect of GHG reduction. NYK, MTI and WinGD will then jointly design a ship in digital space and together with ABS conduct simulations of navigation using a scenario that assumes meteorological conditions in actual seas. By considering the issues clarified within the simulation, NYK, MTI and WinGD will further improve the simulation model to optimize ship design. This joint research is an epoch-making initiative in the maritime industry that has the ship users, NYK and MTI, collaborating with the marine equipment manufacturer WinGD and with the advice of the marine classification society ABS develop a digital model of a ship, perform simulations, and build a ship. The ship model will be verified in accordance with a modeling and simulation framework to be developed by ABS.

Image of processing a simulation

 

In the future, NYK and MTI, together with ABS, WinGD, and shipyards, will improve the accuracy of the simulation by collating the simulation results, obtained through the joint research, with the performance data of actual ships in actual seas. NYK and MTI aim to nurture this simulation technology as a core technology in the shipbuilding plans of the NYK Group. NYK and MTI will also utilize simulations to optimize the method of operation and control of the battery-hybrid system. This joint research is the first step for such future-aiming initiatives.

On February 3, 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 (Sustainable Development Goals) through business activities. Conducting this joint research reflects the company’s initiative to provide an eco-friendly transportation mode through the improvement of ships (hardware) and ship operations (software), as well as the promotion of digitalization. To strongly promote ESG management, the NYK Group will encourage new value creation as a sustainable solution provider.

 

<Company Overviews>

Nippon Yusen Kabushiki Kaisha
Head office: 2-3-2 Marunouchi, Chiyoda-ku, Tokyo, Japan
President: Hitoshi Nagasawa
Website: https://www.nyk.com/english


MTI Co., Ltd.
Head office: 2-3-2 Marunouchi, Chiyoda-ku, Tokyo, Japan
President: Kazuo Ishizuka
Website: https://www.monohakobi.com/en/


* Modeling technology
Describing the act or specifications of an equipment mainly through mathematical formulas.

** Actual sea performance
The vessel’s performance, such as navigation speed or fuel efficiency, in actual sea conditions with waves, winds, etc.

*** NYK Group ESG Story
A guideline detailing concrete efforts to integrate ESG into management strategies of the NYK Group. Details: https://www.nyk.com/english/news/2021/esg-story_01.html

NYK RORO makes its first call at Yarimca Terminal, Turkey.

Full-scale operation of a finished-car logistics terminal in Turkey

On March 20, Selene Leader, a PCTC operated by NYK, made its first call at Port Yarimca, a finished-car logistics terminal that NYK participates in the operation of in the Republic of Turkey.

The terminal is Turkey’s first terminal based in the suburbs of Istanbul to be dedicated to finished cars. The terminal opened in November 2021 and is operated by a joint venture established by NYK and the port operating company of the OYAK Group, one of Turkey’s major conglomerates. It is a high standard terminal with multi-storey car park and value-added services such as PDI.*

NYK will utilize the accumulated know-how of finished-car transportation and finished-car terminal operation to meet the needs of customers, including automobile manufacturers, through the operation of the terminal.

In accordance with its medium-term management plan “Staying Ahead 2022 with Digitalization and Green,” the NYK Group seeks to expand the entire auto-logistics business by building a global network and continue to provide high-quality and competitive services with the knowledge and experience cultivated all over the world.

Technical Specifications

Location: Yarımca, Kocaeli
Pier Length: 540 meters
Sea Depth: 12 meters
Total Yard Area: 235k sqm (MSCP 260k sqm)
Parking Slots: 18,000 units

Full view of Port Yarimca

Location of Yarımca Port Source: Google Map

* PDI (pre-delivery inspection): Services for finished vehicles – such as final inspections, repairs, and parts application – before delivery to car dealers.

Overview of OYAK Group

Head Office: Ankara, Turkey
Chief Executive Officer: Süleyman SavaşErdem
Website: https://www.oyak.com.tr/home-page/

Reference

Spotlight on Yarimca Port.

NYK’s new RORO Terminal at Port Yarimca, Turkeys first dedicated RORO Terminal within the suburbs of Istanbul, offers complete services for finished vehicle logistics.

The terminal is jointly operated by NYK and the OYAK Group, one of Turkeys major port owners.

It is a high standard terminal with multi-storey car park and value-added services such as PDI.
NYK will utilize the accumulated know-how of finished-car transportation and finished-car terminal operation to meet the needs of customers, including automobile manufacturers, through the operation of the terminal.


In accordance with its medium-term management plan “Staying Ahead 2022 with Digitalization and Green,” the NYK Group seeks to expand the entire auto-logistics business by building a global network and continue to provide high-quality and competitive services with the knowledge and experience cultivated all over the world.

Technical Specifications

Location: Yarımca, Kocaeli
Pier Length: 540 meters
Sea Depth: 12 meters
Total Yard Area: 235k sqm (MSCP 260k sqm)
Parking Slots: about 18,000 units

NYK Recognized by CDP as One of World’s Top Green Businesses for Second Consecutive Year

NYK is pleased to announce that for a second consecutive year, CDP,* an international environmental non-profit organization, has recognized NYK as an “A-list” company for climate change.

 

CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2021, about 590 investors with over US$110 trillion in assets and 200 major purchasers with US$5.5 trillion in procurement spend requested companies to disclose data on environmental impacts, risks, and opportunities through CDP’s platform. Over 13,000 responded — the highest ever.

Of the approximately 12,000 companies worldwide that were assessed, 201 companies were selected for the A-list, out of which 55 are Japanese companies and 2 are shipping companies, including NYK. (As of December 8, 2021)

We believe that our selection as an A-list company, the highest rating, is a comprehensive recognition of our achievements as a global leader in reducing greenhouse gas (GHG) emissions and the following series of initiatives to mitigate the risks of climate change.

  • The effective functioning of an EMS (Environmental Management System) based on a clear commitment by top management to climate change measures
  • Appropriate recognition and assessment of risks and opportunities for environmental issues
  • Highly transparent disclosure of environment-related information, including GHG emissions and reductions
  • Active involvement in various types of green finance, such as green bonds, green loans, and sustainability linked loans
  • Proactive efforts to introduce and promote the use of LNG fuel and to reduce GHG emissions
  • Active engagement in research and demonstration projects for the practical use of zero-emission fuels such as hydrogen and ammonia


On February 3, 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.
Moreover, in September we set a long-term target of net-zero emissions of greenhouse gas (GHG) by 2050 for the NYK Group’s oceangoing businesses.
The NYK Group will continue to strive to disclose relevant information as a global leader in addressing climate change, and to create new value as a sustainable solution provider needed by society and industry.

* CDP
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states, and regions. Founded in 2000 and working with more than 590 investors with over $110 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources, and protect forests. Over 14,000 organizations around the world disclosed data through CDP in 2021, including more than 13,000 companies worth over 64% of global market capitalization, and over 1,100 cities, states, and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable, and resilient economy.

The CDP score is widely used around the world as a leading indicator in making sustainable investment and procurement decisions. Responding companies are allocated a score from A to D- depending on the comprehensiveness of their disclosure. Those that don’t disclose or provided insufficient information are marked with an F.

The full list of companies that made this year’s CDP A List is available at the link below, along with other publicly available company scores:

https://www.cdp.net/en/companies/companies-scores