- BUSINESS EXPANSION – Commended
- ENVIRONMENTAL – Commended
- INNOVATION – Commended
- RESEARCH AND DEVELOPMENT – Commended
Ship Technology Excellence Rankings – The Verdict
Nippon Yusen Kabushiki Kaisha is a Japanese headquartered supplier of logistics solutions that is ranked for Business Expansion, Environmental, Innovation and Research and Development in the 2022 Ship Technology Excellence Rankings.
The company has been focusing heavily on constructing new vessels, such as 12 LNG-fuelled PCTCs (powered pure car and truck carriers), four LNG-driven Capesize bulkers, which new ships will emit roughly 100% less SOx, 85% less NOx and 40% less carbon, an LNG carrier featuring a WinGD-made dual-fuel slow-speed diesel engine. Nippon Yusen have also been working on collaborating with other companies on ship-to-ship LNG bunkering in Japan, in order to make bunkering operations faster and more efficient.
The company has also been working on a joint project to set standards for ammonia use by the marine industry, carrying out safety evaluations for the purpose of establishing standards for the use of ammonia. The company has also conducted a test run of biofuel for ship-to-ship bunkering for NYK bulk carrier Frontier Jacaranda, as the biofuel supplied for the test run was produced from waste cooking oil collected and refined in Singapore.
In the environmental space the company also entered into a collaboration looking at the use of carbon capture and storage (CCS) technologies
In the environmental space the company also entered into a collaboration looking at the use of carbon capture and storage (CCS) technologies globally and also signed a deal with another company to jointly work together on future fuels and transportation solutions to facilitate decarbonisation. The company also partnered with other companies to study battery-hybrid solutions to reduce emissions, the project aiming to minimise greenhouse gas (GHG) emissions from ships by using a battery-hybrid system to improve vessel design and aid ship propulsion.
The company has also been working on developing a large-scale liquefied CO₂ (LCO₂) carrier and exploring partnership prospects to develop marine batteries for vessels, carry out trial navigation and promote a power-transfer ship.
Nippon Yusen have also been working on innovations such as securing an approval in principle (AiP) for its fully autonomous ship framework designed to address labour shortages and marine accidents due to human error. Also the company, along with partners, has concluded the development of a concept design for an ammonia-fuel ready liquefied natural gas (LNG)-fuelled vessel (ARLFV) that could transform an LNG-driven ship into an ammonia-powered vessel.
Nippon Yusen Kabushiki Kaisha is a provider of logistics solutions. It transports crude oil and allied products.
The company provides ocean, land, and air transport services for the transportation of petroleum products, liquid products, and dry bulk products. Its portfolio includes linear trade, air cargo transportation, logistics, liquefied natural gas (LNG), liquefied petroleum gas (LPG) and chemical transportation. The company also carries out bulk shipping business including transportation of cars, development of car terminals, and construction of inland transportation networks. It also manages commercial and residential buildings.
The company operates in Europe, Africa, North America, Asia Pacific, and South America. NYK is headquartered in Tokyo, Japan.