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On November 30 at NYK???s 10th annual Environmental Management Conference in Tokyo, Asahi Unyu Kaisha Ltd. (head office: Aichi; president and CEO: Toshiya Kozawa) and the GENEQ Corporation (head office: Fukuoka; president: Keiji Ushiyama) were selected from among 33 domestic NYK Group companies for recognition of environmental activities that resulted in the improvement of company value. 

NYK holds this conference once a year with NYK Group companies to share information on environmental practices and strengthen environmental management. The two recognized group companies were highly commended for their rooted activities within their communities and creative solutions. Details are provided below.

 

Asahi Unyu Kaisha Ltd.

Activities: (1) Commitment to the Aichi CO2 Emissions Reduction Manifesto 2020; (2) environmental preservation activities.

Point of evaluation: (1) Received the highest rank, three stars, for achievements in CO2 emissions reduction in accordance with the Aichi CO2 Reduction Manifesto 2020 established by Aichi prefecture in 2012; (2) recognition of employees??? proactive participation in environmental preservation activities, such as beach cleaning in Fujimae-higata, Nagoya city.

 

GENEQ Corporation

Activity: Reduction of environmental burden by utilizing GENEQ SHIELD®

Point of evaluation: Reduced CO2 emissions through power consumption reduction by covering the interiors of dry containers with GENEQ SHIELD® and transporting temperature-sensitive cargo that is usually transported by reefer container. Moreover, the company utilized resources effectively by recycling and reusing GENEQ SHIELD®.

GENEQ SHIELD® is a logistics support product that covers the interiors of dry container with magnets installed advanced heat insulation material to prevent quality degradation of cargo experiencing sudden temperature rises and drops, heat, and dew condensation. GENEQ SHIELD® is made by the GENEQ Corporation and is patented. The product presents customers with a more economical transport option over reefer containers.

 

The conference participants were also captivated by a presentation by representatives from Fujitsu Limited, who spoke about their company???s initiatives to realize a sustainable society.

NYK continues to enhance its activities to reduce the environmental impact of the entire NYK Group, and to cut CO2 emissions by improving the fuel efficiency of the company???s ships by 15% by fiscal 2018 from fiscal 2010, aiming to be an advanced company in the safety and environmental fields through the introduction of electricity-saving equipment and power-saving activities.

 

NYK has been selected as the recipient of the 2016 Best Container Liner Award sponsored by the Thai National Shippers' Council (TNSC). NYK, which was evaluated highly for its services, was the only Japanese company to be recognized.

This award is given to container liners that are recognized as the best in each route by Thai exporters who evaluate the liners on 14 criteria ??? including schedule frequency, transit time, on-time delivery, container condition, sales and customer service ??? for the purpose of improving the service quality of container liners.

NYK received awards for two of the five main routes, i.e., the Thailand-Middle East Asia and Indian Subcontinent route and the Thailand-Far East Asia and ASEAN route.

An awards ceremony was held in Bangkok on September 21 during the 2016 Thailand International Logistics Fair (TILOG). Thailand???s minister of Commerce, Apiradi Tantraporn presented a trophy to Surasak Thienbublertrat, managing director of NYK Line (Thailand) Co., Ltd.

Encouraged by this award, NYK will continue to improve the quality and reliability of its services to meet the diversified needs of its customers.

NYK has agreed to joint ownership of a liquefied natural gas (LNG) carrier with the Kansai Electric Power Co., Inc. (KEPCO; head office: Osaka; president and director: Shigeki Iwane) through a vessel-owner company shared by the two companies (NYK 30%, KEPCO 70%). This co-ownership is the first between NYK and KEPCO, and is expected to lead to a stronger relationship among the two companies.

The vessel is being built at the Sakaide shipyard of Kawasaki Heavy Industries Ltd. and upon completion in late 2017 will be assigned to the Cove Point LNG project in the United States to transport LNG for 20 years.

The new ship will be equipped with a dual-fuel diesel electric propulsion engine that reduces fuel consumption over that of a conventional steam turbine engine. Moreover, the vessel suppresses the boil-off rate of the LNG in the cargo tank to 0.08 percent of tank volume per day, the world???s lowest level. These advanced technologies mitigate environmental burdens and improve operational efficiency for LNG transportation.

NYK will continue to make use of its 30-plus years of experience in LNG transport to provide stable energy transportation for society.

 

Outline of the New LNG Carrier

Length overall

About 300.00 m

Breadth

About 48.90 m

Tank capacity

About 177,000 m3 (moss-type)

Main engine

Dual-Fuel Diesel Electric Propulsion System (DFDE)

Vessel-owner

LNG SAKURA Shipping Corporation

Share

NYK 30%, KEPCO 70%

Flag

Bahamas

Shipyard

Sakaide shipyard, Kawasaki Heavy Industries Ltd.

Ship management

NYK

Delivery

December 2017 (scheduled)