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On May 22, NYK president Tadaaki Naito delivered a presentation titled ???Situation, Challenge, and the Future of the Maritime Industry??? at the 120th anniversary ceremony of the Japan Society of Naval Architects and Ocean Engineers (JASNAOE), which was held at Meiji Kinenkan in Tokyo.

In his presentation, President Naito spoke about NYK overcoming challenges throughout changes in history, in addition to NYK???s initiatives for pioneering LNG fuels and participating in new offshore business, which resulted in the Group accumulating expertise in new fields. He also mentioned NYK???s use of Big Data not only for optimal operations but also for safe transport to strengthen the company???s competitiveness.

He concluded his presentation by emphasizing that the maritime industry is expected to show its global presence and collaborate across industries and countries in response to rapid industrial structural changes.

At this ceremony, speeches were also given by Shinichiro Otsubo, a director of the Shipbuilding and Ship Machinery Division at the Maritime Bureau within Japan???s Ministry of Land, Infrastructure, Transport and Tourism, and Takao Yoshikawa, vice-president of JASNAOE and a professor at Kyushu University.

To enhance the safety and operational efficiency of the NYK fleet, and to strengthen its global competitiveness, the NYK Group will continue to take on challenges to contribute to the development of the maritime industry.