Reduces Cost by Shortening Review from 2 Years to 3 Months
NYK began operation of a test engine facility* in Chiba Prefecture to evaluate the safety of new fuels.
The introduction of new marine fuels used to necessitate testing and analysis at external engine facilities, in addition to trial operations, all of which would require about two years to complete.
Shortening this period and reducing the cost of testing have been key to meeting the increasing demand for new fuels, such as biofuels, and satisfying the environmental regulatory measures of various countries.
Using NYK’s own test engine to conduct stress tests allows the company to eliminate the need for trial operations and aim for practical use within a period of three months.
NYK Receives Visit from the Philippine Maritime Industry Authority
Utilizing the engine operation and fuel-oil analysis technologies of NYK Group companies Boltech Co. Ltd. and Nippon Yuka Kogyo Co. Ltd. allows NYK to verify the potential of various new marine fuels and accelerate their practical application and commercialization.
Japan’s NYK Line with Cargill to Test Its First Wingsails on a Bulker
On March 10, 2023, the NYK Group announced its medium-term management plan, “Sail Green, Drive Transformations 2026 — A Passion for Planetary Wellbeing.”
“Bringing value to life” is our corporate philosophy, and our new vision for 2030 is “Beyond being a comprehensive logistics company, we will co-create the value needed for the future by deepening our core businesses and growing new businesses.” We will promote our growth strategy with ESG at the core.
