Japanese shipping giant Nippon Yusen Kaisha (NYK) has acquired Kadmos, a maritime salary payments platform from Germany. This acquisition enhances NYK’s financial services, allowing it to support seafarers of various nationalities. The integration of Kadmos with NYK’s existing MarCoPay will broaden service offerings and improve financial support for seafarers worldwide.
NYK and the Hong Kong Police Force recently conducted a counterterrorism drill on board NYK’s NYK Daniella, a 210-meter, 2,664-TEU containership in Hong Kong’s waters. The drill lasted an hour, involving terrorists entering the vessel by boat, leading to a search and suppression operation by Hong Kong special forces.
NYK has signed a contract to build and charter a cutting-edge VLCC with a methanol-powered main engine, aiming for lower carbon emissions. Partnering with Idemitsu Tanker and Nippon Shipyard, this environmentally friendly vessel meets Malacca Max standards. NYK’s commitment to sustainability includes using green methanol and renewable energy sources for emission reductions.
The world’s first commercial-use ammonia-fueled vessel, Sakigake, completed a successful three-month demonstration voyage in Tokyo Bay. Owned by NYK, it achieved a 95% greenhouse gas emission reduction, showcasing ammonia’s potential as maritime fuel. The 272-ton tug, originally LNG-fueled, marked a milestone in alternative fuel operations in the maritime industry.
Knutsen NYK Carbon Carriers, a subsidiary of NYK and Knutsen Group, has received Approval in Principle (AiP) from ClassNK for its designs of liquefied CO2 carriers and a floating liquefied storage facility. These developments aim to contribute to the CCUS sector by addressing challenges like cost reduction and land requirements.
Japan’s NYK Line and Yara Clean Ammonia have signed the first charter for an ammonia-fueled medium gas carrier, advancing the establishment of the ammonia value chain. This initiative, part of Japan’s Green Innovation Project, aims to develop ammonia as a maritime fuel, addressing emissions and enhancing shipping decarbonization efforts.
NYK has launched a biofuel test run on its coal carrier, the Noshiro Maru, for Tohoku Electric Power Co., Inc. This pioneering move in Japan showcases a commitment to sustainable fuel options in the maritime industry. The collaboration with Mitsubishi Corporation Energy Co., Ltd. highlights the potential for biofuels in reducing carbon emissions.
Japan’s NYK Line is partnering with Oriental Land Co. to launch a Disney-themed cruise ship tailored for the Japanese market. With an investment of up to $2.2 billion, the new ship will be the fourth member of the Disney Wish class. This collaboration aims to provide immersive family entertainment experiences, expanding NYK’s cruise operations.
The Asuka III, the first Japanese-flagged cruise ship in 35 years, is a symbol of growth in the Japanese cruise market. With luxurious amenities and a focus on Japanese preferences, the ship will offer a unique experience for passengers. Its construction in Germany marks a new chapter for Japanese cruise operators like NYK and MOL.
NYK and Akita Eisen KK have joined forces to create Japan Offshore Support (JOS), a company dedicated to ship maintenance and management for offshore wind projects. JOS will focus on training local seafarers and maintaining crew transfer vessels for offshore wind power generation. The partnership aims to support renewable energy initiatives.
NYK has partnered with ENEOS to purchase marine fuel with CO2 removal credits from 1PointFive’s STRATOS Direct Air Capture plant in Texas. ENEOS will supply these credits and fuel to NYK for five years starting in 2028, supporting decarbonization efforts in the maritime industry. This collaboration highlights a shift towards cleaner energy solutions in shipping.
NYK Line and MTI have collaborated to develop a patent-pending technology for monitoring the transportation of reduced iron on bulk carriers. The technology utilizes IoT to gather real-time environmental data from cargo holds, helping minimize risks like overheating and explosions. This proactive approach aims to enhance safety and efficiency in seaborne transportation.
Nippon Yusen Kabushiki Kaisha (NYK) has launched a test engine facility in Chiba Prefecture to evaluate new fuels’ safety. By utilizing their own test engine for stress testing, NYK aims to shorten the testing process and reduce costs. This move aligns with their commitment to exploring alternative fuel sources.
NYK and TB Global Technologies Ltd. (TBG) have received approval in principle from ClassNK for their ship-to-ship supply of fuel ammonia. The key feature of their system is an emergency-release mechanism developed by TBG. NYK shared design data for their ABV and provided expertise on handling ammonia, gained from operating Japan’s first LNG bunkering vessel.
Japan’s NYK and Oono Development Company are collaborating to explore green ship recycling potential in Japan. Emphasizing eco-friendly practices and circular economy support, the partnership aims to commercialize ship recycling. With the rising interest in recycling materials, the focus is on utilizing high-quality steel from ships for construction and other industries.
