NYK to Order Two LNG-Fueled Large Coal Carriers
Nov. 02, 2022
NYK will order two LNG-fueled large coal carriers from Oshima Shipbuilding Co., Ltd. The vessels are scheduled to be delivered in 2025.
This ship order is a part of a bulk carrier fleet development aimed at achieving net-zero greenhouse gas (GHG) emissions in the NYK Group's oceangoing businesses by 2050. The two ships will emit approximately no sulfur oxides (SOx), 80% less NOx, and 30% less carbon dioxide (CO2) compared to existing conventional heavy oil-fueled vessels. Additionally, the vessels will be compliant with the IMO's NOx (nitrogen oxide) emission regulations (Tier III).*
NYK is positioning LNG fuel as a bridge solution until future zero-emission ships can be realized. The company ordered the world's first LNG-fueled large coal carrier in 2019 and its first LNG-fueled capesize bulk carrier in 2021, in addition to four more LNG-fueled capsize bulk carriers in January 2022.
Going forward, we will continue with the gradual planned introduction of LNG-fueled vessels until the realization of zero-emission vessels that use marine fuels such as hydrogen or ammonia, which would have an even lower environmental impact.
Outline of Vessel Specifications
Figures and schedules are planned approximates
Image by NYK
Source: NYK Group ESG Story 2022
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.). The NYK Group seeks to promote new value creation as a sustainable solution provider to strongly promote ESG management.
NYK Group, press release