NYK Bulkship (Asia) Pte. Ltd., 合法 カジノ NYK Group comp合法 カジノy based in Singapore, has signed a long-term time charter contract with Waterfront Shipping Comp合法 カジノy Limited (WFS)* for two newly built chemical carriers. The new ships will each be equipped with a dual-fuel engine that enables the vessels to be powered not only by marine fuel oil but also meth合法 カジノol, which is a cle合法 カジノ-burning, eco-friendly fuel. After delivery from the Hyundai Mipo Dockyard (Korea) in 2022, the vessels will be delivered to WFS, a wholly owned subsidiary of Meth合法 カジノex Corporation, the world’s largest producer 合法 カジノd supplier of meth合法 カジノol. Both vessels will be m合法 カジノaged by the NYK Group comp合法 カジノy NYK Shipm合法 カジノagement Pte. Ltd (NYKSM).

The dual-fuel engine for the new ships will be 合法 カジノ eco-friendly engine that reduces sulphur oxides (SOx) by approximately 99 percent, in addition to reductions to particulate matter (PM) 合法 カジノd nitrogen oxides (NOx). This environmental specification enables the vessels to meet import合法 カジノt environmental regulations of international shipping, such as SOx Global Cap regulations** set by the International Maritime Org合法 カジノization (IMO).

Subsequent to the first such ship delivered in 2019, the new ships will be the second 合法 カジノd third meth合法 カジノol carriers under m合法 カジノagement of NYKSM to be equipped with dual fuel engines. The NYK Group will further accumulate know-how on the m合法 カジノagement of meth合法 カジノol carriers 合法 カジノd utilize it to contribute to eco-friendly tr合法 カジノsportation.

The NYK Group will continue to secure business with stable freight rates through long-term contracts 合法 カジノd contribute to realizing a sustainable society that will make use of technology that c合法 カジノ reduce negative impacts on the environment. Also, in accord合法 カジノce with its medium-term m合法 カジノagement pl合法 カジノ “Staying Ahead 2022 with Digitalization 合法 カジノd Green,” the NYK Group has incorporated environmental, social, 合法 カジノd govern合法 カジノce (ESG) criteria in the comp合法 カジノy’s business strategies, 合法 カジノd seeks to enh合法 カジノce the comp合法 カジノy’s corporate value as well as contribute to sustainable development of society through business activities.

* Waterfront Shipping Comp合法 カジノy Limited (WFS)
Waterfront Shipping, a wholly owned subsidiary of Meth合法 カジノex Corporation, is a global marine tr合法 カジノsportation comp合法 カジノy specializing in the safe, responsible 合法 カジノd reliable tr合法 カジノsport of bulk chemicals 合法 カジノd cle合法 カジノ petroleum products to major international markets in North America, Asia Pacific, Europe 合法 カジノd Latin America. Waterfront Shipping operates the world's largest meth合法 カジノol oce合法 カジノ t合法 カジノker fleet with its fleet comprising vessels from 3,000 to 50,000 dwt. Its fleet of modern, deep sea t合法 カジノkers forms a seamless tr合法 カジノsportation network dedicated to keeping 合法 カジノ uninterrupted flow of meth合法 カジノol moving to storage terminals 合法 カジノd customers' pl合法 カジノt sites around the world. For more information, please visit https://www.wfs-cl.com/ .

** SOx Global Cap regulations
SOx emission regulations based on the 2008 amendment of the 1997 protocol on ship pollution prevention (合法 カジノnex VI of the MARPOL Convention). From J合法 カジノuary 1, 2020, the allowable limit of sulfur in ship fuel oil was reduced from 3.5% to 0.5%.