Nippon Yusen Kabushiki Kaisha (NYK Line) has signed an agreement with BHP Group Ltd (BHP), a leading global resources company in Australia, to renew a memorandum of understanding (MOU) initially concluded in June 2022.
The renewal reinforces both companies’ commitment to support decarbonization and improving the safety of vessel operations through strengthened collaboration.
Commitment to support decarbonization and improving the safety of vessel operations
The renewed MOU introduces the following updated initiatives:
- Continued joint research on technologies for ammonia dual-fuel vessels
- Propulsion of biofuel trials and other measures to advance low-carbon shipping
- Enhanced safety operation through NYK Line’s high-quality vessel tonnage supply for the maritime transport of a wide range of dry bulk cargoes
By establishing a bilateral collaboration model, NYK Line and BHP aim to build momentum in the dry bulk industry, focusing on both decarbonization and safe operations.
This extension strengthens our collaboration with BHP as we work side by side to achieve our decarbonization ambitions.
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Source: NYK
