NYK Collaborates with Kyushu Electric and Sembcorp for Green Ammonia Transport to Japan
Key Ideas
- NYK signed a basic agreement with Kyushu Electric, Sojitz, and Sembcorp for the marine transport of green ammonia to Japan, aiming to produce 200,000 metric tons annually.
- The project focuses on producing green ammonia in India from renewable energy sources and supplying it to industrial customers in the Kyushu region of Japan.
- NYK's experience in ammonia transport will help establish supply chains for next-generation energy sources like green ammonia, contributing to a decarbonized society.
- As part of its ESG initiatives, NYK launched the 'Sail GREEN' brand to reduce GHG emissions and promote eco-friendly supply chains, aligning with its long-term corporate vision.
NYK has reached a basic agreement with Kyushu Electric Power Company, Sojitz Corporation, and Sembcorp Green Hydrogen Pte. Ltd. for the marine transport of green ammonia to Japan. This collaboration aims to produce approximately 200,000 metric tons of green ammonia annually in India, leveraging the country's renewable energy resources. The project targets industrial customers in Japan, particularly in the Kyushu region. NYK's role in the initiative is to utilize its expertise in marine transport to ensure the efficient delivery of green ammonia.
Green ammonia is produced using renewable energy sources and is seen as a crucial energy resource in achieving a decarbonized society due to its zero CO2 emissions during production and combustion. This project aligns with NYK's long-term strategy focusing on ESG principles and sustainable growth.
The signing ceremony held in Delhi, India, marked a significant step towards promoting next-generation energy solutions. NYK's commitment to ESG strategies is evident through its 'Sail GREEN' brand, emphasizing the reduction of GHG emissions and the promotion of eco-friendly supply chains. By actively participating in projects like the green ammonia transport initiative, NYK aims to position itself as a 'Sustainable Solution Provider' focused on creating new value and advancing ESG management.