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- Stakeholder partnership
- Group companies / Affiliated companies
- National and local governments / Local communities / NGOs and NPOs / Customers, etc.
- Industry-academia collaboration
- Shareholders and investors
Through the transport of goods while responding to the demands of the current era, the NYK Group believes that contributing to the development of society is part of its corporate responsibility. While communicating and cooperating with a wide range of stakeholders in order to solve the issues that face society, the NYK Group creates business opportunities and works to further advance the shipping industry as a whole.
The NYK Group's Stakeholders
Group companies / Affiliated companies
NYK never ceases its safety and environmental efforts, which underpin the Group's business activities. While working together with the Group and affiliated companies, both onshore and offshore personnel make concerted efforts to further improvement activities.
National and local governments / Local communities / NGOs and NPOs / Customers, etc.
Exporting fresh fruits and vegetables from Japan using CA containers
Since 2013, NYK and MTI Ltd. have been conducting verification tests on the seaborne transport of fresh fruits and vegetables from Japan using CA (controlled atmosphere) containers. In fact, NYK has begun a shipping service for leafy green vegetables and fruits, which had previously been difficult to transport by sea, to Thailand, Singapore, and destinations in Southeast Asia. At the start of this year, NYK also successfully transported mikans, a tangerine-like citrus fruit, in a good condition all the way to Europe. In addition to private companies, NYK is also partnering with local governments throughout Japan, including the prefectures of Ibaraki, Tokushima, and Shizuoka, and we are greatly contributing to the expansion of fresh fruit and vegetable exports from Japan.
Feasibility study on LNG bunkering hub development plan at the port of Yokohama
NYK is participating in a feasibility study led by Japan's Ministry of Land, Infrastructure, Transport and Tourism to consider a plan for developing an LNG bunkering (fuel supply) hub for ships at the port of Yokohama. Along with government institutions, including the Agency for Natural Resources and Energy, the Port of Yokohama, Tokyo Gas Co. Ltd., and a number of other stakeholders, the NYK Group is studying various issues such as facility plans and safety.
In August 2015, NYK received delivery of "Sakigake," Japan's first LNG-fueled tugboat. This tugboat can use LNG (liquefied natural gas) as a fuel, and is expected to validate the effectiveness of LNG as a fuel for ships, as well as serve as a flagship that will open up a new business segment for LNG fuel.
In the building and development of Sakigake, we worked together with the NYK Group company Keihin Dock Co. Ltd., as well as Niigata Power Systems Co. Ltd. and Air Water Plant & Engineering Inc. In addition, for the supply of LNG to the vessel, NYK has worked with a large number of stakeholders and has received cooperation from the LNG supplier Tokyo Gas Co. Ltd., in addition to the Port of Yokohama and Yokohama-Kawasaki International Port Corporation, the entities overseeing the locations of the supply hubs. This project has been adopted and funded as a project eligible for grants under Japan's Ministry of Economy, Trade and Industry's and Japan's Ministry of Land, Infrastructure, Transport and Tourism's 2013-2015 "Grants for Projects Promoting Energy Conservation in Logistics (Demonstration project for a revolutionary energy-efficient marine transport system)." The project also received assistance from Nippon Kaiji Kyokai (ClassNK) as a project eligible for joint research.
LNG bunkering vessel
As increased attention is being given to the further use of LNG fuel for ships as a response to environmental issues, the preparation of fuel supply infrastructure has become an issue. NYK thus established a joint venture with ENGIE SA, Mitsubishi Corporation, and FLUXYS SA to have the world's first purpose built LNG bunkering vessel "ENGIE Zeebrugge." The vessel was delivered in February 2017 and entered into service in June. The NYK Group will obtain knowledge and know-how through the operation of this LNG bunkering vessel, and together with our partners, we will expand our LNG bunker sales and supply service around the world. Through this, the NYK Group will contribute to reducing its environmental footprint with the aim of realizing a sustainable global society.
International hydrogen supply chain demonstration project
NYK has partnered with Chiyoda Corporation, Mitsubishi Corporation, and Mitsui & Co. Ltd. to establish the Advanced Hydrogen Energy Chain Association for Technology Development (AHEAD) and commenced work on the world's first international hydrogen supply chain demonstration project.
The demonstration project will be conducted as a "demonstration of the hydrogen supply chain utilizing the organic chemical hydride method," which was funded by the National Research and Development Agency and New Energy and Industrial Technology Development Organization (NEDO) as a 2015 "Technology Development Project to Establish Hydrogen Society/Technology Development for the Utilization of Large Scale Hydrogen Energy."
Participation in an NPO hosted stakeholder engagement program
NYK participated in a stakeholder engagement program — a human rights due diligence workshop — hosted by the Caux Round Table Japan. Through discussions with stakeholders, including human rights related NGOs/NPOs, human rights specialists, and companies from a number of other industries, NYK is studying how to extract issues that should be addressed in relation to business and human rights, as well as how to advance corporate activities with consideration for human rights.
Regularly holding conversations with shipyards
The NYK Group is regularly exchanging opinions with the China State Shipbuilding Corporation regarding the most recent technology for ships. With a focus on themes regarding environmentally friendly ships (eco-ships) and IoT technology, both companies introduce the technological developments they are undertaking and at the same time share opinions regarding the social challenges surrounding the shipping industry.
The NYK Group participated in the 2016 UTokyo-MIT Joint Program for a Pioneering Frontier, a joint program between the University of Tokyo (UTokyo) and the Massachusetts Institute of Technology (MIT).
A "study of the feasibility of the autonomous navigation of ships" presented by the NYK Group was selected as one of the themes for the MIT System Design Management course. NYK provided research assistance from a technological and commercial perspective, and the research results were presented at MIT in Boston, Massachusetts, on May 17, 2017.
Shareholders and investors
NYK believes that repeatedly engaging in mutual communication with, and disclosing information to, shareholders and investors at the proper time and in the proper way will help realize the appropriate evaluation of NYK's corporate value, resolve social issues and identify risks, and lead to the creation of additional corporate value. Following the formulation of the Corporate Governance Guideline in 2015, NYK has clearly set forth in writing a "policy for promoting constructive dialogue with shareholders and investors."
The valuable feedback received from shareholders and investors through dialogue is reported regularly and at the appropriate time to executive management and is being used to improve the management of the business.