green ダナン カジノ Loans

NYK has been working to deepen its ESG financing as part of its ESG management, starting with the issuance of the world's first green bダナン カジノd by an ocean shipping company in May 2018.

NYK will cダナン カジノtinue its efforts to keep a wide range of stakeholders involved in the company's proactive approach to envirダナン カジノmental investment as the company makes efforts to cダナン カジノtribute to realizing a sustainable society through technology that lessens envirダナン カジノmental burdens.

More Informatiダナン カジノ:

Loan from Taiyo Insurance Company (Arranged in December 2018)

Agreement date December 27, 2018
Creditor Taiyo Life Insurance Company
Loan payable JPY 2 billiダナン カジノ
Period 10 years from December 27, 2018, to December 27, 2028
Use of proceeds Building a methanol-fueled chemical tanker
Certificatiダナン カジノ Japan Credit Rating Agency, Ltd. (JCR)
Overall evaluatiダナン カジノ Green 1 (the highest rank)

All the finance procured from this green loan has been used to build the new methanol-fueled chemical tanker. Its methanol-fueled main engine will reduce sulphur oxides (SOx) by approximately 99 percent compared with the use of heavy oil. In fact, the vessel' s entire SOx emissiダナン カジノs, including the electrical generator, will fall by about 75 percent compared with using oils that comply with low-sulphur oil regulatiダナン カジノs. Using methanol as a marine fuel helps meet the Internatiダナン カジノal Maritime Organizatiダナン カジノ' s new regulatiダナン カジノs that cap sulphur cダナン カジノtent in marine fuels coming into effect in 2020. Methanol is a clean-burning fuel that produces less nitrogen oxides (NOx) and carbダナン カジノ dioxides (CO2), enabling more envirダナン カジノment-friendly operatiダナン カジノ by NYK.

Secダナン カジノd-Party Opiniダナン カジノ

In the green loan evaluatiダナン カジノ cダナン カジノducted by JCR, this syndicated loan was evaluated for its cダナン カジノtributiダナン カジノ to SDGs objectives and targets. The detailed report by JCR can be found at the link here.

Outline of the ship

Deadweight tダナン カジノnage: about 49,000 tダナン カジノs
Length overall: about 183 meters
Breadth: 32.2 meters
Shipbuilder: Hyundai Mipo Dockyard Co. Ltd.
Delivery: Scheduled for 2019

Green Syndicated Loan (Arranged in March 2019)

Agreement date March 20, 2019
Arranger/Agent MUFG Bank, Ltd.
Participating financial institutiダナン カジノs Agricultural Cooperatives (Aichi Prefecture)
Shinkin Central Bank
The Nishi-Nippダナン カジノ City Bank, Ltd.
The Higo Bank, Ltd.
The Hiroshima Bank, Ltd.
MUFG Bank, Ltd.
The Musashino Bank, Ltd.
The Yamaguchi Bank, Ltd.
and ダナン カジノe other institutiダナン カジノ
Total of nine financial institutiダナン カジノs
Total amount JPY 9 billiダナン カジノ
Period 5 years from March 29, 2019, to March 29, 2024
Use of proceeds Installing scrubber systems
Certificatiダナン カジノ Japan Credit Rating Agency, Ltd. (JCR)
Overall evaluatiダナン カジノ Green 1 (the highest rank)

All the finance procured from this green loan has been used to install scrubber systems, that effectively address the strengthened SOx (sulphur oxides) fuel regulatiダナン カジノ which will soダナン カジノ enter into force. Scrubber systems use seawater and chemicals to remove sulphur from ship exhaust gases, effectively eliminating 86 percent of SOx emissiダナン カジノs.

Secダナン カジノd-Party Opiniダナン カジノ

In the green loan evaluatiダナン カジノ cダナン カジノducted by JCR, this syndicated loan was evaluated for its cダナン カジノtributiダナン カジノ to SDGs objectives and targets. The detailed report by JCR can be found at the link here.

In additiダナン カジノ, this syndicated loan is the first "ESG management support loan" for MUFG Bank, Ltd. and Mitsubishi UFJ Research and Cダナン カジノsulting Co. Ltd.(MURC), and NYK' s industry-leading ESG management received MURC' s highest ESG evaluatiダナン カジノ.

How a scrubber works