NYK Utilizes Big Data to Achieve CO2 Reduction Goal from Vessels

By Curious

In fiscal 2015, NYK achieved a 14.3 percent reduction in CO2 emissions, exceeding the goal established in 2011 in the company’s "More Than Shipping 2013" medium-term management plan calling for a 10 percent reduction by fiscal 2015 in the CO2 emission rate per unit of transportation from vessels compared with the rate recorded in 2010.

NYK has worked “to contribute to the global environment and the creation of sustainable societies by managing environmental risks and arriving at an optimal balance between environment and economy,” as indicated in the company’s environmental management vision in March 2005. This accomplishment is the result of cooperative efforts by shipowners, ship-management companies, crews, and ship operators, among others.

NYK started employing its Ship Information Management System (SIMS) on vessels in 2008, before the IMO tightened regulations on CO2 emissions, and currently utilizes Big Data to reduce fuel consumption. Nowadays, next-generation type car carriers and advanced 14,000-TEU containerships equipped with the latest energy-saving technologies have entered the NYK fleet, and NYK is still making efforts to attain the next goal announced in the company’s "More Than Shipping 2018" medium-term management plan: a 15 percent improvement in fuel-efficiency above the 2010 level by fiscal 2018.

As a company beyond the envelope of the shipping industry, NYK said that the Company will continue its efforts to reduce CO2emissions to alleviate climate change, and to enhance the company’s competitiveness by taking advantage of "creative solutions" initiated in "More Than Shipping 2018."

Source: NYK