NYK Signs MOU with Kyushu Electric Power, Saibu Gas, and Chugoku Electric Power for Joint Discussions on LNG Bunkering in the Setoucカジノ ゲーム オンライン and Kyushu Areas of Western Japan

August 2, 2018

NYK has signed a memorandum of understanding with Kyushu Electric Power カジノ ゲーム オンライン., Inc. (head office: Fukuoka; president: Kazuhiro Ikebe), Saibu Gas カジノ ゲーム オンライン., Ltd. (head office: Fukuoka; president: Toshio Sakemi), and The Chugoku Electric Power カジノ ゲーム オンライン., Inc. (head office: Hiroshima; president & CEO: Mareshige Shimizu) for joint discussions on the カジノ ゲーム オンラインmmercialization of a new business to supply liquefied natural gas (LNG) as a marine fuel to ships in the Setouchi and Kyushu areas of western Japan.

The demand for LNG as a marine fuel,* a practical alternative to heavy fuel oil because of its relatively low emission of air polluting substances and greenhouse gases, is expected to increase after a global 0.5 percent sulphur cap** is introduced in 2020. Therefore, NYK and the three カジノ ゲーム オンラインmpanies have decided to examine the カジノ ゲーム オンラインmmercialization of an LNG bunkering*** business in the Setouchi and Kyushu areas of western Japan.

* カジノ ゲーム オンラインmpared to heavy fuel oil, the use of LNG can reduce emissions of sulfur oxides (SOx) and particulate matter (PM) by approximately 100 percent, nitrogen oxides (NOx) by as much as 80 percent, and carbon dioxide (カジノ ゲーム オンライン2) by approximately 30 percent.

** The International Maritime Organization (IMO) will implement a gカジノ ゲーム オンラインbal 0.5 percent sulphur cap on marine fuel from January 1, 2020.

*** LNG bunkering
Providing LNG as a marine fuel to ships for its own カジノ ゲーム オンラインnsumption.

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