NYK to Build Four New LNG-Fueled PCTCs

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NYK has concluded a shipbuilding contract with China Merchants Jinling Shipyard (Nanjing) Co. Ltd. for four LNG-fueled PCTCs. These four vessels will be delivered from 2022 to 2023 and are planned to be assigned to transport vehicles mainly to/from Europe and/or to the Middle East.

On these vessels, WinGD’s X-DF2.0 iCER main engine will be utilized for the first time in the world. This engine consumes less gas and reduces GHG by cutting methane emissions from exhaust gas by approximately 50%. Further, the vessels will be equipped with battery hybrid technology, which will improve fuel efficiency by mitigating the main engine and electrical generator load fluctuations through the support of batteries. The use of LNG fuel, together with these new technologies and other developments such as hull modification, will reduce sulfur oxide (SOx) emissions by 99% compared to ships fueled by heavy fuel oil. Likewise, nitrogen oxide (NOx) emissions will be cut by 96%, and CO2 emissions by approximately 40% or more (per unit of transportation).

Concluding this ship-building contract for these four vessels is in line with NYK’s plan to replace current vessels with around 40 newly built LNG-fueled PCTCs over the next decade to achieve NYK’s environment management target, which is to reduce CO2 emissions per ton-kilometer of transport by 50% by 2050. NYK aims to further advance to zero-emission vessels utilizing low-emission marine fuels such as hydrogen and ammonia from around the mid-2030s.

On February 3, 2021, NYK announced the NYK Group ESG Story, which aims to further integrate ESG into the company’s management strategy and promotes activities that contribute to the achievement of the SDGs (Sustainable Development Goals) by providing cleaner transportation services, including the introduction of next-generation eco-friendly ships within the PCTC fleet. To strongly promote ESG management, NYK will encourage new value creation as a sustainable solution provider through a business strategy that responds to climate change.

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