NYK Uses Big Data to Exceed CO2 Reduction Target

Nippon Yusen Kabushiki Kaisha (NYK) has reduced its CO2 emission rate per unit of transport from ships by 14.3% throughout fiscal 2015 compared with 2010 levels, exceeding its 10% target set in 2011.

By using big data to reduce fuel consumption, manage environmental risks and optimise the balance between economy and environment, NYK has achieved such a reduction.  Cooperative efforts between ship owners, ship management companies, crews, ship operators and others and the Ship Information Management System (SIMS) that has been deployed on vessels since 2008, has driven NYK’s efforts to more sustainable operations.

NYK’s fleet now includes next-generation type car carriers and advanced 14,000-TEU containerships that are equipped with the latest energy-saving technologies.  The company’s next target is a 15% improvement in fuel efficiency above the 2010 level by fiscal 2018, which has been highlighted in its “More Than Shipping 2018” medium-term management plan.

The plan, running from April 2014 for five years recognises the strong business portfolio that can be acquired by utilising business chances, such as liquefied natural gas (LNG) and offshore business against changing market conditions.  The plan aims to enable NYK to grow sustainably while strengthening financial ground and driving large-scale investment.

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