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NYK Awarded Prize for Helping to Protect Logistics Environment

June 10, 2003

NYK has recently received the Prize for Activities to Protect the Logistics Environment from the Japan Federation of Freight Industries.

This prize was instituted in 2000 with a view to commending organizations, corporations and individuals for serving to promote the protection of the environment and enhance an environment consciousness in the sphere of logistics and thereby contributing to the sound development of logistics.

NYK has been awarded the fourth annual prize in recognition of its two activities - namely, (1) "NYK NAV9000," a set of comprehensive operation requirements for all vessels, which is the first system of its kind in the shipping industry, and (2) a series of specific measures for reducing fuel consumption.

NYK believes that thoroughly ensuring the safe navigation of vessels to forestall accidents in transport service constitutes an important element of environmental protection activities. To that end, therefore, NYK has implemented a series of necessary improvements.

In 1998, NYK introduced the "NYK NAV9000" system by incorporating the requirements of the ISO9000 series. Under this system, based on the "PDCA" (Plan-Do-Check-Act) cycle, all of the more than 500 vessels under NYK's control, including chartered ships, have been directed to strictly adhere to the NAV9000 requirements in the interests of ensuring safe navigation and environmental protection.

Moreover, NYK has set up an a committee for the reduction of fuel consumption by analyzing the factors of ship performance, the committee has come up with a set of guidelines for such purposes as the adoption of tin-free anti-fouling paints for ship bottoms, the reduction of ship speed and the effective use of fuel additives. NYK is thus striving to reduce the possible impacts of its fleet on the global environment through the full implementation of these guidelines

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