NYK Line, Toshiba Energy Systems & Solutions Corporダナン カジノ, Kawasaki Heavy Industries Ltd., Nippon Kaiji Kyokai (ClassNK), and ENEOS Corporダナン カジノ (i.e., “the Companies”) are pleased to announce that the New Energy and Industrial Technology Development Organizダナン カジノ (NEDO) has approved the Companies’ participダナン カジノ in a demonstrダナン カジノ project for the commercializダナン カジノ of high-power Fuel Cell (FC) vessels. The project, which will begin in September2020, is Japan's first effort to develop a commercially available FC vessel and carry out a demonstrダナン カジノ operダナン カジノ involving the supply of hydrogen fuel. By using FCs as a power source, it will be possible to completely eliminate greenhouse gas (GHG) emissions during navigダナン カジノ.

The Companies will develop an about150 ton class (i.e. passenger capacity: approx.100) high-power FC vessel that will function as a medium-sized tourist ship, and in 2024 carry out a demonstrダナン カジノ operダナン カジノ of the FC vessel together with a demonstrダナン カジノ supply of hydrogen fuel. We will begin an FC vessel and hydrogen-fuel-supply feasibility study in September2020 and start designing the vessel and hydrogen-fuel-supply equipment in 2021. Construction and production is expected to start in 2023, and pilot operダナン カジノ of the vessel along the coast of Yokohama port is scheduled to begin in 2024.

With the entry into force of the Paris Agreement in 2016, global momentum for decarbonizダナン カジノ has increased, and reducing GHG emissions has become an issue in the shipping sector. In 2018, the Internダナン カジノal Maritime Organizダナン カジノ (IMO) set a goal of halving GHG emissions from the internダナン カジノal shipping sector by 2050 and reaching a target of zero as early as the end of this century. The utilizダナン カジノ of FC systems in transport beyond passenger cars is cited as an issue in the action plan of industry, academia, and government for the realizダナン カジノ of a hydrogen society in the “Strategy for Developing Hydrogen and Fuel-Cell Technologies '' formulated by the Japanese government in 2019. From the development of small FC vessels (gross tonnage less than 20 ton) that have already been promoted in Japan, the spread and expansion of high-power FC to larger vessels is expected.

The Companies will target newly constructed domestic vessels in the entire vessel value chain (i.e., hydrogen equipment development, hull design and construction, operダナン カジノ, fuel supply), focusing on the following items:

<Video High-power fuel cell vessel demonstrダナン カジノ project

Period: September 2020 to the end of February 2025 (planned)

＜NYK Line＞
Headquarters: Tokyo
President: Hitoshi Nagasawa
Website: /english

＜Toshiba Energy Systems & Solutions Corporダナン カジノ＞
Headquarters: Kanagawa
President & CEO: Mamoru Hatazawa
Website: https://www.toshiba-energy.com/en/index.htm

＜Kawasaki Heavy Industries, Ltd.＞
Headquarter: Tokyo
President & CEO: Yasuhiko Hashimoto
Website: https://global.kawasaki.com/en/

＜Nippon Kaiji Kyokai (ClassNK)＞
Headquarter: Tokyo
President & CEO: Hiroaki Sakashita
Website: https://www.classnk.com/

＜ENEOS Corporダナン カジノ＞
Headquarter: Tokyo
Representative Director, President: Katsuyuki Ota
Website: https://www.eneos.co.jp/english/

Inquiry Contact Details
NYK Line
Corporate Communicダナン カジノ Group, Media Relダナン カジノs Team,
Telephone: +81-3-3284-5177; email：NYKJP.ML.MEDIA@nykgroup.com

Toshiba Energy Systems & Solutions Corporダナン カジノ
Mr. Kaku and Ms. Mino, Communicダナン カジノs and Government Affairs Div.　Telephone：+81-44-331-7200; email：ESS-PR@ml.toshiba.co.jp

Kawasaki Heavy Industries, Ltd.　
Corporate Communicダナン カジノ Department
Telephone：+81-3-3435-2130;　e-mail：kawasaki-press@khi.co.jp

Nippon Kaiji Kyokai (ClassNK)　
Public Relダナン カジノs Team
Telephone：+81-3-5226-2047;　e-mail：eod@classnk.or.jp

ENEOS Corporダナン カジノ　
Public Relダナン カジノs Department
Telephone：+81-3-6257-7150; e-mail：pr@eneos.com