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NYK Establishes Logistics Company for Finished Cars in Colombia

NYK has signed a joint-venture agreement with Intermodal S.A.* to establish NYK Auto Logistics Colombia S.A.S (NYKCOL), a logistics company for finished cars. On September 14, a signing ceremony was held at the NYK head office in Tokyo and attended by Intermodal CEO Bernd Haubold and NYK senior managing corporate officer Koichi Chikaraishi.

Finished car imports to Colombia from Mexico ??? a country which is growing as a production base for finished cars - is expected to increase. NYKCOL has teamed with terminal operator Puerto Bahia** to operate a finished-car logistics terminal that includes PDI*** at the port of Cartagena, which is located in the northern part of Colombia. This agreement with Intermodal S.A. will lead to NYKCOL expanding its services to include inland transport, storage, and PDI in response to expanding demand.

The NYK Group will continue to provide total logistics services that include inland logistics and sea transport by taking advantage of the creative solutions initiated in the company???s "More Than Shipping 2018" medium-term management plan to provide advanced automotive logistics services in Colombia where car sales growth is expected under stable economic growth.

* Intermodal S.A.: A member of the Navemar Group, NYK???s agency in Colombia, and provider of inland transportation and storage of containers.

** Puerto Bahia: A terminal operator ??? headquartered in Cartagena, Colombia ??? for finished cars at Cartagena port.

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

NYK Receives Delivery of Japan's First LNG-fueled Vessel

On August 31 at the Oppama factory of Keihin Dock Co. Ltd.,* NYK received delivery of Japan's first LNG-fueled tugboat. The vessel has been named 'Sakigake' and is expected to confirm the viability of LNG (liquefied natural gas) as a marine fuel and to help cultivate a new business field in the area of LNG as an environment-friendly marine fuel.

Sakigake has been chartered to Wing Maritime Service Corporation** from NYK, and will be operated mainly at the ports of Yokohama and Kawasaki. This vessel is the second environment-friendly tugboat operated by Wing Maritime Service Corporation, following the delivery of Tsubasa*** in March 2013.

The new tug is equipped with dual-fuel engines that can use either of LNG and diesel oil, depending on conditions. Compared with conventional tugboats that use marine diesel oil, Sakigake emits about 30 percent less carbon dioxide, 80 percent less nitrogen oxide, and absolutely no sulfur oxide when using LNG as fuel.

The small size of most tugboats, the limited amount of space, and the large variation in engine power make it difficult to create an LNG-fueled tugboat. Keihin Dock Co. Ltd. was able to achieve an excellent level of environmental performance while maintaining the same hull form and steering performance of existing tugboats. To do this, Keihin Dock made full use of its knowledge and technical strengths, and worked closely with Niigata Power Systems Co. Ltd. (head office: Tokyo; president: Kazuhiko Motoyama) to design and manufacture the dual-fuel engine, and Air Water Plant & Engineering Inc. (head office: Osaka; president: Noboru Sumiya) to develop equipment for supplying LNG.

LNG for this vessel will be supplied from a tanker truck at a pier in Yokohama,**** and much effort has been made together with the supplier, Tokyo Gas Co., Ltd. (head office: Tokyo; president: Michiaki Hirose), to ensure that the LNG can be safely and efficiently supplied in compliance with relevant laws and regulations. In fact, in July 2015 a trial fueling of the vessel from a tanker truck was successfully carried out for the first time in Japan.

This project received subsidies from Japan's Ministry of Economy, Trade and Industry and the Ministry of Land, Infrastructure and Transport, which support projects promising energy-saving logistics and innovative maritime transport improvements. Nippon Kaiji Kyokai also provided joint research support.

The NYK Group has already constructed the world's first LNG-fueled car carrier, in addition to an LNG supply vessel, and the group is set to participate in the LNG bunkering business. In accordance with the group's medium-term management plan, 'More Than Shipping 2018', NYK will contribute to the continued spread and development of LNG fuel for ships, applying the knowledge and know-how the company has gained through the expansion of its eco-friendly operations.

Outline of Sakigake

Length overall: 37.20 meters

Breadth: 10.20 meters

Molded depth: 4.40 meters

Gross tonnage: 272 tons

Main engine: NIIGATA 6L28AHX-DF x 2

Shipowner: NYK

Flag: Japan

Class: Nippon Kaiji Kyokai

Other: Patents are pending for the LNG receiving system and LNG carburetion system used on board

NYK Concludes Time-charter Contracts for Two New LNG Carriers for Freeport LNG Project

Two joint-venture companies that NYK has established with Chubu Electric Power Co. Inc. each concluded a time-charter contract for a new liquefied natural gas (LNG) carrier with Chubu Electric Power Co. Inc.

In addition, one of the joint-venture companies, Trans Pacific Shipping 6 Limited, concluded a shipbuilding contract with MI LNG Company Limited,* and other joint-venture company, Trans Pacific Shipping 7 Limited, concluded a shipbuilding contract with Kawasaki Heavy Industries Ltd.

These new ships will be managed by NYK after being delivered in 2018 and assigned to transport LNG for a 20-year period from the Freeport LNG Project, in which Chubu Electric Power Co. Inc. has an equity interest.

In accordance with its ???More Than Shipping 2018??? medium-term management plan, NYK will continue its efforts to be a part of stable and economical LNG transport.


* MI LNG Company Limited
A joint venture established in April 2013 by Mitsubishi Heavy Industries Ltd. (equity ownership 51%) and Imabari Shipbuilding Co. Ltd. (49%) for designing and marketing new LNG carriers.

 

Outline of LNG Carrier for Trans Pacific Shipping 6 Limited

1. Owner - Trans Pacific Shipping 6 Limited (Shareholders: Chubu Electric Power Co. Inc. 50%, NYK 50%)
2. Flag - Bahamas
3. Ship management - NYK
4. Shipbuilder Mitsubishi Heavy Industries Ltd., Nagasaki Shipyard & Machinery Works
5. Cargo tank capacity - About 180,000 cubic meters
6. Gross tonnage - About 151,500 tons
7. Length overall - About 297.5 meters
8. Breadth - 48.94 meters
9. Main engine STaGE (Steam Turbine and Gas Engines)
10. Delivery - 2018 (scheduled)

 

Outline of LNG Carrier for Trans Pacific Shipping 7 Limited
1. Owner - Trans Pacific Shipping 7 Limited (Shareholders: Chubu Electric Power Co. Inc. 50%, NYK 50%)
2. Flag - Bahamas
3. Ship management - NYK
4. Shipbuilder - Kawasaki Heavy Industries Ltd., Sakaide Shipyard
5. Cargo tank capacity - About 177,000 cubic meters
6. Gross tonnage - About 137,000 tons
7. Length overall - About 300.0 meters
8. Breadth - 48.90 meters
9. Main engine - DFDE (Dual Fuel Diesel Electric)
10. Delivery - 2018 (scheduled)