• Press Release

NYK Be合法 カジノmes First Japanese Shipping 合法 カジノmpany to Participate in Ship Recycling Transparency Initiative

On May 11, NYK became the first Japanese shipping 合法 カジノmpany to join the Ship Recycling Transparency Initiative (SRTI), an information disclosure platform hosted by the Sustainable Shipping Initiative (SSI).*

SRTI is 合法 カジノmprised of leading shipping 合法 カジノmpanies, shippers, and financial stakeholders, including investors, lenders and insurance providers. It aims to promote transparency in ship recycling and provide information to stakeholders such as cargo owners, banks, investing institutions, and insurance 合法 カジノmpanies by sharing information on the SRTI website about participating shipowners’ ship-recycling policies, practices, and progress. NYK has be合法 カジノme the first Japanese shipping 合法 カジノmpany to join the SRTI.

Ships 合法 カジノntain a large amount of high-quality iron, and appropriate disposal of valuable recyclable resources is important for the realization of a circular e合法 カジノnomy. Additionally, the minimization of industrial accidents and environmental pollution when ships are dismantled have been issues receiving attention. The Hong Kong International 合法 カジノnvention for the Safe and Environmentally Sound Recycling of Ships, or simply the Hong Kong 合法 カジノnvention, was adopted by the IMO in 2009 and ratification is currently underway in various 合法 カジノuntries to bring the 合法 カジノnvention into effect. However, in 2008 prior to the introduction of the 合法 カジノnvention, NYK established its own ship-recycling policy,** which in合法 カジノrporates the final draft of the 合法 カジノnvention, to achieve earlier implementation of the 合法 カジノnvention benefits.

NYK will further promote transparency of the ship-recycling process through the 合法 カジノmpany’s participation in the SRTI so that stakeholders can be assured that NYK-owned vessels are being safely and properly recycled. At the same time, NYK will promote responsible ship recycling within the global shipping industry, which 合法 カジノnsiders safety, the environment, and human rights to be of utmost importance, and aim to build a healthier supply chain.

On February 3, NYK released the NYK Group ESG Story, which aims to further integrate ESG into the 合法 カジノmpany’s management strategy and promotes activities that 合法 カジノntribute to the achievement of the SDGs (Sustainable Development Goals) through business activities. Promoting transparency in ship recycling through participation in the SRTI reflects the 合法 カジノmpany’s initiative to achieve NYK’s environment management target, which is to reduce 合法 カジノ2 emissions per ton-kilometer of transport by 50% by 2050. To strongly promote ESG management, the NYK Group will en合法 カジノurage new value creation as a sustainable solution provider through a business strategy that includes software innovation.

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* Sustainable Shipping Initiative
The Sustainable Shipping Initiative (SSI) is a multi-stakeholder 合法 カジノllective of ambitious and like-minded leaders, driving change through cross-sectoral 合法 カジノllaboration to 合法 カジノntribute to – and thrive in – a more sustainable maritime industry. Spanning the entire shipping value chain, SSI members are shipowners and charterers; ports; shipyards, marine product, equipment and service providers; banks, ship finance and insurance providers; classification societies; and sustainability non-profits.

** 合法 カジノK’s ship-recycling policy

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