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NYK: CO2 vessel emissions down 14.3% since 2010

The Japanese ocean carrier exceeded its goal of a 10 percent reduction in its carbon dioxide emission rate per unit of transportation from ships by fiscal 2015, according to a statement from the company.

   Nippon Yusen Kaisha (NYK) has reduced the carbon dioxide (CO2) emissions of its vessels by 14.3 percent compared with 2010 levels, according to a statement from the company.
   The Japanese ocean carrier said it exceeded the company’s initial goal of a 10 percent reduction in its CO2 emission rate per unit of transportation from vessels by fiscal 2015. That goal was set in 2011 as part of NYK’s “More Than Shipping 2013” medium-term management plan.
   NYK in 2008 began employing the company’s Ship Information Management System on vessels, well in advance of tightened regulations on CO2 emissions from the International Maritime Organization.
   The company said it will continue to utilize “Big Data” to reduce fuel consumption, setting its sights next on a 15 percent improvement in fuel-efficiency above the 2010 level by fiscal 2018.
   “NYK has worked to contribute to the global environment and the creation of sustainable societies by managing environmental risks and arriving at an optimal balance between environment and economy as indicated in the company’s environmental management vision in March 2005,” the company said. “This accomplishment is the result of cooperative efforts by shipowners, ship-management companies, crews, and ship operators, among others.”