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  • 2022 January 18 14:35

    NYK orders four LNG-fueled Capesize bulk carriers

    NYK has decided to order four new LNG-fueled capesize bulk carriers — two from Nihon Shipyard Co., Ltd. (NSY) and one each from Namura Shipbuilding Co., Ltd. (Namura) and Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS), the latter of which is a subsidiary of China State Shipbuilding Corporation Limited (CSSC). The vessels are scheduled to be delivered sequentially from fiscal 2024 to fiscal 2025, according to the company's release.

    These ship orders are part of a capesize bulk carrier fleet development aimed at achieving net-zero greenhouse gas (GHG) emissions in the NYK Group's oceangoing businesses by 2050. The four ships will emit approximately no sulfur oxides (SOx), 85% less NOx, and 40% 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 and has already decided to build the world's first LNG-fueled large coal carrier in 2019 and its first LNG-fueled capesize bulk carrier in 2021.

    On February 3, 2021, NYK released the NYK Group ESG Story, which aims to further integrate ESG into the company’s management strategy and promotes activities that contribute to the achievement of the SDGs (Sustainable Development Goals) through business activities. To strongly promote ESG management, the NYK Group will actively promote the replacement of its bulker fleet to next-generation eco-friendly ships and encourage new value creation as a sustainable solution provider.

    The IMO-adopted MARPOL Convention is the main international convention covering the prevention of the pollution of the marine environment by shipping. In line with MARPOL Annex VI (Regulations for the Prevention of Air Pollution from Ships) that came into effect on May 19, 2005, NOx emission controls (tier I controls) for diesel engines installed on vessels were implemented in Japan. Later the convention was revised, and a new NOx emission level (tier II controls) came into force on July 1, 2010. The revised regulation is a very strict one that aims to decrease NOx emission levels by a further 20 percent from that of the first regulation. Moreover, a third control was adopted in 2008, targeting vessels to be constructed from 2016 and limited to emission control areas, to seek the reduction of NOx emissions by about 80 percent from that of the first tier.


2022 May 19

18:06 Valenciaport detects in April a decline in Spanish export activity
17:48 Border checkpoint opened at Ultramar terminal in Ust-Luga seaport
17:26 CIMC Raffles delivered the first of two record-breaking ships to Wallenius Sol
17:15 ClassNK certifies NAPA Fleet Intelligence and NAPA Performance Monitoring and Optimization, and adds new notations to ships
16:41 New zero-emission Côte d’Ivoire Terminal receives first port equipment
16:12 PortsToronto releases 2021 Audited Financial Statements
16:05 “K” Line Group’s Yokohama Daikoku C-4 Terminal starts operation utilizing renewable energy
15:38 OTEKO obtains ISO 9001 certificate for handling of dry bulk cargo
15:06 Port of Salalah commissions new equipment to increase efficiency and meet demand
14:13 The first ship equipped to utilize future fairway services tested at Port of Kokkola
13:49 Vladivostok Fish Terminal puts into operation refrigerating facility of 7,000 tonnes in capacity
13:02 Wärtsilä completes delivery of 15 LPG fuel supply systems
12:28 Development of programme for Ship Repair, Modernization and Components conference is underway
12:07 MABUX: Bunker Weekly Outlook, Week 20, 2022
12:03 Long-term rates for reefer containers on the key US West Coast to Far East route up 60% in April - Xeneta
11:50 H2-Industries set to clear the oceans of plastic waste and produce clean fuel from innovative ship design
11:32 EU policymakers still need more ambitious green measures - Danish Shipping
11:11 PortNews issues its annual analytical report “Civil Shipbuilding in Russia”
11:03 Ports Long Beach and Los Angeles give update on Clean Air Action Plan
10:36 Global Ship Lease announces new forward charter agreement
09:56 RS developed requirements on usage of alternative fuels
09:53 ZIM reports record financial results for Q1 2022
09:29 Russian oil exports in January-April 2022 declined by 0.6% to 66.3 million tonnes
09:13 Crude oil futures rise on US reserves reduction statistics
08:58 MABUX: Bunker prices may continue downward changes on May 19

2022 May 18

18:35 Jotun's new tool to forecast carbon intensity of vessel operations
17:56 Gasum considers that natural gas imports from Russia could end this week
17:20 RF Government to extend setting of quotas for exports of mineral fertilizers till December 2022
17:06 Port of Antwerp-Bruges & CMB.TECH prepare the first hydrogen-powered tugboat
16:18 Port of Hamburg container throughput up 1.8 percent to 2.2 million TEU in Q1 2022
16:05 Port Houston container volume up 21% to 334,493 TEUs in April 2022
15:18 EU regulators must recalibrate EU ETS reform to ensure shipping industry is green by 2050 - WSC
15:11 Container throughput of Russian ports in 4M’2022 totaled 1.7 million TEUs, down 5.4% YoY
14:48 Throughput of Russian seaports in 4M’2022 rose by 0.1% YoY
14:32 Fluxys and Gasunie join forces to connect Belgian and Dutch hydrogen networks at North Sea Port
14:13 UAE to build LNG plant to double its export capacity - Bloomberg
14:02 Bureau Veritas and Climate Neutral Commodity join forces
13:44 Subsidies for construction of crab catchers at Far East shipyards to be raised from 20% to 28%
13:23 ECSA welcomes European Parliament’s decisive vote on commercial operators and Ocean Fund
13:01 Admiral Makarov frigate may become new flagship of Russia’s Black Sea fleet
12:40 CIMC Raffles delivers the first of two record-breaking ships to WALLENIUS SOL
12:03 Eastern Pacific Shipping and Value Maritime announce agreement
11:49 CF Industries joins the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
10:54 MODIFI launches partnership with DP World to enable digitisation of trade
10:30 The changes in the oil market are tectonic - Vladimir Putin
09:19 Crude oil futures show moderate growth after a recent fall
08:58 MABUX: Global bunker indices to drift lower on May 18

2022 May 17

18:37 United Heavy Lift orders two additional Eco-Lifter newbuildings
18:07 Global shipping community updates Maritime Labour Convention
17:46 Euroseas signs contract for the construction of two additional fuel efficient feeder containerships
17:26 The keel laying of Landing Platform Dock for Qatari Ministry of Defence takes place at the Palermo shipyard
17:06 Norsepower installs Rotor Sail on second Scandlines hybrid ferry
16:35 New data shows future-fuel demand for shipping industry equal to entire current global production of renewables - International Chamber of Shipping
16:22 Atomenergomash manufactured first RITM-200 reactor for icebreaker Yakutia
15:04 YILPORT starts a new X-PRESS Feeders service ACX
14:28 Port of Southampton completes shore power commissioning of three AIDA cruise ships
14:03 Titan LNG and Brittany Ferries embark on a long-term partnership for the supply of fuel for Brittany Ferries’ newbuild hybrids
13:25 Marcor Stevedoring B.V. to operate dry bulk terminal at Steinweg Hartel Terminal
13:16 Sovcomflot’s fleet reduced to 111 ships after recent sales
12:20 DP World breaks ground on its new container terminal, silo and quay in the port of Novi Sad