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Long-term Contract Inked with Kobe Steel

June 15, 2018

NYK, together with Asahi Shipping Co. Ltd., has concluded a long-term contract with Kobe Steel Ltd. for the transport of coal for up to 20 years aboard a newly built ship. After delivery of the new vessel from Oshima Shipbuilding Co. Ltd. in 2021, the ship will transport coal from locations outside Japan to mainly the city of Kobe.

This ship will be equipped with a diesel engine compliant with a more stringent environmental regulation limiting nitrogen oxide (NOx) emissions — i.e., the Tier III limits in the International Convention for the Prevention of Pollution from Ships (MARPOL) that require a reduction in NOx emissions by 80 percent compared to 2000 levels.

In accordance with its new medium-term management plan “Staying Ahead 2022 with Digitalization and Green,” the NYK Group continues its efforts to strengthen its base of businesses that can generate stable profits by providing flexible and optimal energy transport options that meet customers’ diversifying needs and reducing environmental burdens to contribute to the sustainable development of society.

- Outline of new vessel
Deadweight tonnage: about 98,500 tons
Length overall: about 250 meters
Breadth: about 43 meters
Molded depth: about 18.50 meters
Shipbuilder: Oshima Shipbuilding Co. Ltd.
Delivery date: first quarter of 2021
 

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