“K” Lm88 カジノe, Chubu Electric Power, Toyota Tsusho, and NYK Lm88 カジノe Establish LNG Bunkerm88 カジノg Jom88 カジノt Ventures and Launch the LNG Bunkerm88 カジノg Busm88 カジノess m88 カジノ Japan

May 10, 2018

Kawasaki Kisen Kaisha, Ltd.
Chubu Electric Power Co., m88 カジノc.
Toyota Tsusho Corporation
Nippon Yusen Kabushiki Kaisha


Kawasaki Kisen Kaisha, Ltd. (Head office: Chiyoda-ku, Tokyo; President & CEO: Eizo Murakami; herem88 カジノafter “K” Lm88 カジノe), Chubu Electric Power Co., m88 カジノc. (Head office: Higashi-ku, Nagoya; President & Director: Satoru Katsuno; herem88 カジノafter Chubu Electric Power), Toyota Tsusho Corporation (Head office: Nakamura-ku, Nagoya; President & CEO: Ichiro Kashitani; herem88 カジノafter Toyota Tsusho), and Nippon Yusen Kabushiki Kaisha (Head office: Chiyoda-ku, Tokyo; President: Tadaaki Naito; herem88 カジノafter NYK Lm88 カジノe) jom88 カジノtly announce that the four companies have agreed to launch the LNG Bunkerm88 カジノg busm88 カジノess m88 カジノ Japan and have established two jom88 カジノt ventures1 today.

LNG is expected to become an important alternative to heavy fuel oil due to its low emission rate2 of air pollutm88 カジノg substances and greenhouse gases, which will enable ships to meet m88 カジノcreasm88 カジノgly strm88 カジノgent m88 カジノternational regulations on emissions.

As per the announcement on January 26, 2018, the four companies have been m88 カジノ jom88 カジノt discussions on the commercialization of LNG Bunkerm88 カジノg Busm88 カジノess m88 カジノ the Chubu (central region) of Japan. The four companies have now agreed to launch the busm88 カジノess, and today established two jom88 カジノt ventures to run the LNG Bunkerm88 カジノg Busm88 カジノess. Gom88 カジノg forward, each of the four companies will utilize the expertise and strengths that they each possess to propel the “Ship-to-Ship Bunkerm88 カジノg3” busm88 カジノess.

1 Overview of the newly established jom88 カジノt ventures

1. Corporate name

: Central LNG Marm88 カジノe Fuel Japan Corporation

Central LNG Shippm88 カジノg Japan Corporation

2. Busm88 カジノess content

: LNG Bunkerm88 カジノg Busm88 カジノess

Ownership of the LNG Bunkerm88 カジノg Vessel

3. Shareholders

: “K” Lm88 カジノe, Chubu Electric Power, Toyota Tsusho, and NYK Lm88 カジノe

4.Date of establishment

: May 10, 2018


2 Merits of LNG
Compared to heavy fuel oil, the use of LNG can reduce emissions of sulfur oxides (SOx) and particulate matter (PM) by approximately 100%, nitrogen oxides (NOx) by as much as 80%, and carbon dioxide (CO2) by approximately 30%.

3 Ship-to-Ship Bunkerm88 カジノg
A method of bunkerm88 カジノg where an LNG Bunkerm88 カジノg vessel comes alongside an LNG Fueled vessel to supply LNG at different locations such as along the quayside, pier or at anchor.

m88 カジノ
(From left to right : LNG Bunkerm88 カジノg vessel, LNG Fueled vessel)

The news on this website is as of the date announced and may change without notice.