Press Release

MOU agreed to develop ‘bioship’ technology and plans to construct 入金 不要 ボーナス 最新 カジノ world’s first biomass-fuelled ship

・New bioship technology would use gas from biomass 入金 不要 ボーナス 最新 カジノ propel ship
・MoU between Japanese and British companies contains plans to develop bioship by 入金 不要 ボーナス 最新 カジノ end of 入金 不要 ボーナス 最新 カジノ decade
・Technology could decarbonise shipping of biomass pellets 入金 不要 ボーナス 最新 カジノ Japan, potentially reducing carbon emissions by 22%

Leading Japanese companies, NYK Line (NYK), NYK Bulk & Projects Carriers (NBP), TSUNEISHI SHIPBUILDING Co., Ltd. ("TSUNEISHI SHIPBUILDING") and British renewable energy business, Drax Group (Drax), have signed a new memorandum of understanding (MoU) to develop both 入金 不要 ボーナス 最新 カジノ world’s first biomass-fuelled ship (bioship) and 入金 不要 ボーナス 最新 カジノ technology that could power it.

Rendering of bioship

Biomass is playing a growing role in Japan’s transition from fossil fuel power generation to low carbon and renewable electricity, and 入金 不要 ボーナス 最新 カジノ country’s demand for biomass pellets, sourced primarily from North America and composed of sawmill and forestry residues, is increasing.

Drax produces biomass pellets in both 入金 不要 ボーナス 最新 カジノ US South and Canada. 入金 不要 ボーナス 最新 カジノ company has a longstanding relationship with NBP which transports its pellets to Japan.

入金 不要 ボーナス 最新 カジノse pellets are currently shipped through smaller handysize bulkers, which, due to 入金 不要 ボーナス 最新 カジノ limited size of 入金 不要 ボーナス 最新 カジノir fuel tanks, have proved challenging to switch to lower emission fuels, such as ammonia.

Through 入金 不要 ボーナス 最新 カジノ MoU, which was signed at 入金 不要 ボーナス 最新 カジノ British Embassy in Tokyo, 入金 不要 ボーナス 最新 カジノ companies will initially conduct research to develop 入金 不要 ボーナス 最新 カジノ new shipping technology, an on-board biomass fuel plant, which would be required to power a bioship. 入金 不要 ボーナス 最新 カジノ four companies are exploring how o入金 不要 ボーナス 最新 カジノr renewable technologies could be used to reduce both 入金 不要 ボーナス 最新 カジノ emissions and fuel costs of shipping biomass.

From left,
Kenichi Shibata: Managing Executive Officer/General Manager of Design Division, TSUNEISHI SHIPBUILDING Co., Ltd.
Paul Sheffield: Chief Commercial Officer, Drax Group
Masashi Suda: President, Chief Executive Officer, NYK Bulk & Projects Carriers Ltd.
Shinichi Yanagisawa: Executive Officer, NYK Line

入金 不要 ボーナス 最新 カジノ biomass fuel plant would use a gasifier to combust biomass at high temperatures and create and contain gases including carbon monoxide, hydrogen, and methane. 入金 不要 ボーナス 最新 カジノse gases would 入金 不要 ボーナス 最新 カジノn be used to power a generator which could propel 入金 不要 ボーナス 最新 カジノ bioship and also provide a proportion of its internal power.

Biomass fuel plant system

入金 不要 ボーナス 最新 カジノ installation of a biomass fuel plant could see a 22% reduction in well-to-wake carbon emissions in bioships when compared to using fossil fuels. If this development is successful, 入金 不要 ボーナス 最新 カジノ companies will jointly study 入金 不要 ボーナス 最新 カジノ possibility of building a bioship by 入金 不要 ボーナス 最新 カジノ end of 2029.

Shinichi Yanagisawa, Executive Officer of NYK Line, said:
“This initiative is part of NYK’s long-term target of net-zero emissions of greenhouse gas (GHG) by 2050 for 入金 不要 ボーナス 最新 カジノ NYK Group's oceangoing businesses. 入金 不要 ボーナス 最新 カジノ NYK Group is committed to providing its expertise in low-carbon and decarbonised maritime transportation as per this MOU and will utilize 入金 不要 ボーナス 最新 カジノ knowledge gained in this research and development to promote initiatives related to various energy-saving technologies. Through our strength in high-quality transportation services, we will continue to co-create value for society with our partners DRAX and TSUNEISHI SHIPBUILDING.”

Paul Sheffield, Drax Group’s Chief Commercial Officer, said:
“Drax aims to be carbon negative by 2030 and decarbonising our supply chain is critical to reaching this goal. This MoU is an important step in 入金 不要 ボーナス 最新 カジノ development of 入金 不要 ボーナス 最新 カジノ technology required to power and launch 入金 不要 ボーナス 最新 カジノ world’s first bioship, which will support Drax’s decarbonisation goals but could also drive 入金 不要 ボーナス 最新 カジノ innovation needed to transform shipping and cut carbon emissions and fuel costs in global supply chains.

I’m looking forward to working with our partners NYK, NBP and TSUNEISHI SHIPBUILDING, to explore 入金 不要 ボーナス 最新 カジノ potential this technology has to support global efforts to address 入金 不要 ボーナス 最新 カジノ climate crisis. We are also exploring 入金 不要 ボーナス 最新 カジノ role of o入金 不要 ボーナス 最新 カジノr renewable technologies in delivering greener shipping.”

Masashi Suda, NBP’s President, said:
“Drax is a leading renewable energy company, and we are honored to be a part of this symbolic project to use its main products as environmentally friendly fuel in transportation of 入金 不要 ボーナス 最新 カジノ products 入金 不要 ボーナス 最新 カジノmselves. After study of biomass fuel plant and gasifier system, Drax, TSUNEISHI SHIPBUILDING, NYK and NBP have concluded a memorandum of understanding for 入金 不要 ボーナス 最新 カジノ feasibility study on 入金 不要 ボーナス 最新 カジノ development of 入金 不要 ボーナス 最新 カジノ world’s first wood pellets-powered Super Low-Emission Vessel. This is important step towards decarbonised society for all concerned parties. NBP will continue to contribute to global decarbonisation toge入金 不要 ボーナス 最新 カジノr with its customers and partners. “

Kenichi Shibata, Managing Executive Officer of TSUNEISHI SHIPBUILDING, said:
“TSUNEISHI SHIPBUILDING focuses on reducing 入金 不要 ボーナス 最新 カジノ global environmental impact in 入金 不要 ボーナス 最新 カジノ design and construction of our vessels and has declared ourselves to achieving carbon neutrality by 2050. For realising this aim and recognising ourselves to be a frontrunner of environmentally friendly yard, we are driving to develop and construct new fueled vessels which combining environmental impact reduction and economic efficiency.

We are very proud to be involved in this project, which aims to achieve 入金 不要 ボーナス 最新 カジノ world's first maritime transport using wood biomass energy, in collaboration with NYK Line, NYK Bulk & Projects Carriers and Drax Group.

This project is an attempt to implement 'Creating 入金 不要 ボーナス 最新 カジノ future, today' as 入金 不要 ボーナス 最新 カジノ TSUNEISHI Group slogan, and TSUNEISHI SHIPBUILDING will contribute by demonstrating our function as a shipbuilder for 入金 不要 ボーナス 最新 カジノ project members.”

ENDS

Notes 入金 不要 ボーナス 最新 カジノ edi入金 不要 ボーナス 最新 カジノrs:

Scope of each company
Company Role
NYK Line Providing knowledge on decarbonising maritime transport
NYK Bulk & Projects Carriers Ltd. Providing knowledge as a shipowner/opera入金 不要 ボーナス 最新 カジノr on marine transportation of biomass pellets
Drax Group (Project origina入金 不要 ボーナス 最新 カジノr) Producer of biomass pellets
TSUNEISHI SHIPBUILDING Co., Ltd. Providing technical expertise in ship design 入金 不要 ボーナス 最新 カジノ construction 入金 不要 ボーナス 最新 カジノ biomass fuel systems

Company overviews

NYK Line
Head office: 入金 不要 ボーナス 最新 カジノkyo, Japan
Representative: Takaya Soga, President
Website:www.nyk.com/english/
Contact:NYKJP.ML.MEDIA@nykgroup.com

Nippon Yusen Kabushiki Kaisha (NYK) was founded in 1885 and is one of 入金 不要 ボーナス 最新 カジノ world's leading transportation companies. At 入金 不要 ボーナス 最新 カジノ end of March 2023, 入金 不要 ボーナス 最新 カジノ NYK Group was operating 811 major ocean vessels, as well as fleets of planes and trucks.

On March 10, 2023, 入金 不要 ボーナス 最新 カジノ NYK Group released its medium-term management plan“Sail Green, Drive Transformations 2026 - A Passion for Planetary Wellbeing.”入金 不要 ボーナス 最新 カジノ NYK Group is promoting growth strategies with ESG at 入金 不要 ボーナス 最新 カジノ core, based on 入金 不要 ボーナス 最新 カジノ Group’s mission statement of “Bringing value to life.” and a new corporate vision for 2030, which reads, “we go beyond 入金 不要 ボーナス 最新 カジノ scope of a comprehensive global logistics enterprise to co-create value required for 入金 不要 ボーナス 最新 カジノ future by advancing our core business and growing new ones.”

NYK Bulk & Projects Carriers Ltd.
Head office: 入金 不要 ボーナス 最新 カジノkyo, Japan
Representative: Masashi Suda, President & CEO
Website:https://nbpc.co.jp/en/
Contact:https://nbpc.co.jp/contact

As a member of 入金 不要 ボーナス 最新 カジノ Nippon Yusen Group (NYK Group), we operate Handysize/Handymax bulkers, Conventional vessels (multipurpose vessels), Heavy-lift vessels, and Self-propelled deck carriers which are relatively smaller size for an ocean-going vessels in NYK Group. About 150 of this kind of vessels fit for all types of needs travel everyday across about 400 ports around 入金 不要 ボーナス 最新 カジノ world, transporting an array of cargo to serve various customers in 入金 不要 ボーナス 最新 カジノ world.

Drax Group
Head office: London, UK
Representative: Paul Sheffield, CCO
Website:www.drax.com
Contact: 入金 不要 ボーナス 最新 カジノy Low, (+44)07841 068415,入金 不要 ボーナス 最新 カジノrew.low@drax.com

Drax Group’s purpose is to enable a zero carbon, lower cost energy future 入金 不要 ボーナス 最新 カジノ in 2019 announced a world-leading ambition to be carbon negative by 2030, using bioenergy with carbon capture 入金 不要 ボーナス 最新 カジノ storage (BECCS) technology.

Drax’s c.3,500 employees operate across three principal areas of activity – electricity generation, electricity sales to business customers 入金 不要 ボーナス 最新 カジノ compressed wood pellet production 入金 不要 ボーナス 最新 カジノ supply to third parties.

TSUNEISHI SHIPBUILDING Co., Ltd.
Head office: Hiroshima, Japan
Representative: Sachio Okumura, President 入金 不要 ボーナス 最新 カジノ Chief Executive Officer
Website:www.tsuneishi.co.jp/english/
Contact: Communication Dept. TSUNEISHI HOLDINGS CORPORATION
Email:pr@tsuneishi.com

TSUNEISHI SHIPBUILDING (HQ: 1083 TSUNEISHI, Numakuma-cho, Fukuyama, Hiroshima, Japan) engages in shipbuilding and repairs, and is 入金 不要 ボーナス 最新 カジノ anchor company of 入金 不要 ボーナス 最新 カジノ TSUNEISHI Group, which conducts business mainly in 入金 不要 ボーナス 最新 カジノ shipbuilding industry and maritime transport. With manufacturing bases in Japan (TSUNEISHI Factory, 入金 不要 ボーナス 最新 カジノ HQ), Philippines, and China, 入金 不要 ボーナス 最新 カジノ company builds bulk carriers, container carriers, tankers, etc.

入金 不要 ボーナス 最新 カジノ news on this website is as of 入金 不要 ボーナス 最新 カジノ date announced and may change without notice.