NYK Bulk & Projects Carriers Ltd, a subsidiary of the NYK Group, has made a groundbreaking move in the maritime industry by signing a basic agreement with Kambara Kisen to time-charter the first methanol-powered bulk carrier in the NYK Group fleet. This revolutionary vessel, being constructed in Hiroshima Prefecture, Japan, with a dual-fuel main engine, is a significant step towards reducing greenhouse gas emissions. The ship's ability to run on bio-methanol and e-methanol, derived from hydrogen sourced from renewable energy and recovered carbon dioxide, aligns with NYK Group's aim to promote decarbonization and sustainable transportation. The carrier, with the highest loading capacity among Ultramax bulkers and a versatile hull for various cargoes, symbolizes NYK Group's dedication to developing sustainable shipping solutions. This initiative not only showcases the company's commitment to reducing its environmental impact but also contributes to the global efforts for a greener future in the shipping industry.