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NYK participates in discussions on alternative marine fuels
At the 22nd Singapore International Bunkering Conference & Exhibition (SIBCON 2022) held from October 4 to 7, NYK participated in a panel discussion on alternative marine fuels.
SIBCON is one of the world's largest conferences on marine fuel supply, hosted by the Maritime and Port Authority of Singapore. Themed “driving the transformation of marine fuels” this year, this was attended by many international companies, including port officials, marine fuel suppliers and consumers.
On the second day of the event, Takahiro Rokuroda, deputy general manager of NYK’s Green Business Group, participated in a panel discussion titled "Alternatives Business Case: Ammonia and Hydrogen," discussing policies, roadblocks, technology assessment, investment, and business strategies for the practical application of ammonia and hydrogen fuel.
In February 2021, NYK released 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 through business activities. In March this year, NYK released the updated “NYK Group ESG Story 2022,” which introduces initiatives for integrating ESG into the Group’s management strategies set forth in the “NYK Group ESG Story” and provides a partial explanation of the Group’s sustainable growth strategy from a long-term perspective.
In addition, NYK has launch its new "NYK GREEN EARTH" brand to emphasize NYK's ESG efforts to create new value initiatives for low carbon and decarbonization through green businesses such as the development of next-generation fuels, including ammonia and hydrogen.
To strongly promote ESG management, the NYK Group will encourage new value creation as a sustainable solution provider by creating new green businesses through various studies for decarbonization.