On May 12, NYK began participating in a new project for the purpose of conducting technical, economical, and environmental assessments for the decarbonization of marine fuels used on already existing vessels.

This project is a cross-sector international project of the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping, a research institute that has NYK as one of its founding partners.

Through case-studies targeting containerships, tankers, and bulkers, this project is planned to conduct technical, economical, and environmental assessments for the decarbonization of already existing international cargo ships that are using heavy fuel oil as the main marine fuel.

This project is one of the initiatives to realize the International Maritime Organization’s (IMO) medium- to long-term target for reducing greenhouse gases (GHG), and NYK will actively contribute.