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New Coal Carrier Shin Sekiyo Delivered
On January 15, a new coal carrier, Shin Sekiyo, was delivered at Oshima Shipbuilding Co. Ltd. (Saikai city, Nagasaki prefecture). A delivery and naming ceremony was held at the shipyard on the same day and attended by NYK chairman Yasumi Kudo and representatives from Chugoku Electric Power Co. Inc.
Shin Sekiyo is the successor to the first Sekiyo operated by NYK. After delivery, the ship will be assigned to transport coal mainly from Australia and Indonesia to power plants operated by Chugoku Electric Power.
Compared to the standard 70,000-ton Panamax bulk carrier, Shin Sekiyo has a wider beam and a shallower draft, improving transportation efficiency to ports having a limited water depth.
In accordance with its ???More Than Shipping 2018??? medium-term management plan, NYK will continue its efforts to make use of creative solutions to provide stable and economical coal transport.
About Shin Sekiyo
Length Overall: 235.00 meters
Breadth: 43.00 meters
Summer Draft: 13.073 meters
Gross Tonnage: 50,794 tons
Deadweight Tonnage: 90,781 metric tons
Builder: Oshima Shipbuilding Co. Ltd.
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The following is an excerpt from the New Year???s speech made by NYK president Tadaaki Naito as business opened for 2016 at the company???s head office in Tokyo.
Happy New Year. As we open business for 2016, I would like to share my thoughts with you.
This year, we will reach the halfway point of the five-year medium-term management plan, ???More Than Shipping 2018??? (MTS2018). Looking back on the first two years, efforts in each business division have allowed us to stay on track with the business plan. However, as we head toward 2018, the final year of the medium-term management plan, we need to assess where we stand in 2016, the midpoint of MTS2018, to achieve the plan. We must conduct a comprehensive review of business plans in each division and revise the plan. By clarifying action plans in each business division, the goal of each employee will become clearer, enabling the NYK Group to work as one and press onward to 2018.
The outlook for 2016 is not very clear, and this can particularly be said for the container and dry bulk markets. We must remain focused on the vision laid out in MTS 2018 without being swayed by the surrounding environment. Taking this opportunity, I would like to once again share with you our aims for the future.
??? Construct a diverse, robust business portfolio that is profitable under any market condition.
To achieve this goal, we must keep our assets light in highly volatile businesses, while securing business with stable freight rates.
??? Integrate our ingenuity with our technological capabilities to provide competitive services favored by customers.
Above all, it is important that we differentiate ourselves from competitors and take advantage of ???creative solutions??? in all businesses.
??? Ensure strong gemba (on-site) capabilities through the elimination of the 3 M???s
To ensure true cost competiveness and added value, we must maintain a strong gemba coupled with an awareness of and efforts to eliminate any persisting 3 M???s, i.e., muda, mura, and muri (muda: non-value-adding activities; mura: unevenness in production or work activities; and muri: excessive burdens).
??? Transform the organization to one that excels in business intelligence
It is important that we realize high-quality, competitive services from the perspective of both hardware and software, and flexibly and proactively incorporate objective analyses based on big data.
This year marks the second year of creative solutions promotion activities led by the Creative Solutions Group. I have a compelling sense of urgency telling me that we must relentlessly promote self-transformation in a variety of ways. If not, we will fail to keep up with the times amid a rapidly changing business environment. In my first year as president, I felt we were able to achieve more than I had expected through a variety of activities. In this second year, I hope that initiatives brimming with creativity continue to increase further.
It is said that the plans for the year are laid on the first day; hence, it is important to have a dream as the year begins. My dream is for the NYK Group to take its innovative shipping technologies, which have developed over a history spanning more than a century, and integrate those technologies with an advanced adaptability, moving beyond the framework of traditional shipping and transportation to further evolve into a corporate group that continually pursues cutting-edge transportation services. Let us not be hesitant in changing ourselves, and let us have the wisdom to continue making the most relevant decisions. I want us to be recognized by our customers throughout the world as a partner like no other, one capable of pairing safe, high-quality transportation with flexible responses and foresight that no other company can imitate. And I would like each of you to have your own dreams. Let us make 2016 a rich and fruitful year for us all.
I would like to end by wishing you and your families an abundance of happiness and prosperity for 2016.
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NYK???s Ship Information Management System (SIMS), jointly developed by NYK and the Monohakobi Technology Institute (MTI; head office: Tokyo; president: Makoto Igarashi), has been recognized with Japan???s Minister of Land, Infrastructure, Transport and Tourism Award at the 2015 Eco-Products Awards.* An awards ceremony was held on December 10, 2015, and attended by Yasuo Tanaka, NYK senior managing corporate officer, and Makoto Igarashi, president of MTI.
By employing SIMS on vessels, detailed data can be timely shared between onboard crew and land-based operation staff. Such data includes precise hourly updates on conditions of operation and fuel consumption. The NYK Group currently installs SIMS on vessels of various types, and it has become a key system utilizing big data.
This is the third major recognition for NYK???s SIMS. Details concerning other awards can be found in the press release links below.
August 25, 2015, ???NYK's Ship Information Management System Recognized with Special Award,??? http://www.nyk.com/english/release/3710/004037.html
December 24, 2015, ???NYK???s Ship Information Management System Receives Japan's 2015 Minister of the Environment Award,??? http://www.nyk.com/english/release/3710/004200.html
In accordance with its ???More Than Shipping 2018??? medium-term management plan, the NYK Group will further promote the utilization of big data in operations to improve the competitiveness of the company???s services. Equally important, as a good corporate citizen the NYK Group will continue to take an active role in social issues, including environmental conservation, and will continue to make efforts to contribute to the achievement of a sustainable, improved global society.
* Eco-Products Awards
This award was established in 2004 to put great products and services (eco-products) into further practical use in Japan. The recognition aims to support the providers of eco-products by giving attention to those that reduce environmental burdens. In 2013, the NYK Group received an award for the ???development and operation of an energy-saving air lubrication system.???
Related Link: MTI
