NYK has concluded a contract with Japan Marine United Corp. (JMU) for construction of a next-generation energy-saving bulk carrier. After delivery in 2021, the ship is expected to transport raw materials for JFE Steel Corp. under a long-term charter contract between NYK and JFE Steel.
The ship will be a capesize bulker for trading iron ore and metallurgical coal in and around the Pacific. The new energy-efficient vessel not only will be compliant with NOx (nitrogen oxide) emission regulations (Tier III) and the IMO SOx emission cap* but also will have a larger cargo space than a conventional ship, leading to improved fuel economy.
The ship’s carbon dioxide emissions also meet the stricter Phase 2 Energy Efficiency Design Index (EEDI) requirements entering into force in 2020.
In addition, cargo hold corrosion resistant steel (JFE-SIP®-CC) developed by JFE Steel will be used for the parts of the ship to improve corrosion resistance.
In accordance with its medium-term management plan 'Staying Ahead 2022 with Digitalisation and Green,' the NYK Group continues to secure stable freight rates through long-term contracts and is making efforts to contribute to realising a sustainable society through the operation of an environment-friendly ship.
* The ship will be installed with an SOx scrubber (system for desulfurising exhaust gas) to meet the International Maritime Organisation’s regulations requiring a global 0.5% cap on sulfur content in marine fuels starting in 2020.