NYK has signed a joint MOU with Kyushu Electric Power, Saibu Gas, and Chugoku Electric Power for Joint Discussions on LNG Bunkering in the Setouchi and Kyushu Areas of Western Japan
Joint MOU
The MoU between these companies has been finalized to initiate joint discussions on the commercialization of a new business to supply liquefied natural gas (LNG) as a marine fuel to ships in the Setouchi and Kyushu areas of western Japan.
LNG bunkering commercialization
LNG which is an alternative to heavy fuel oil due to its relatively low emission of air polluting substances and green house gases, is expected to increase after the global 0.5 percent sulphur cap is introduced in 2020.
The NYK and the other companies have decided to carry out a survey to examine the commercialization of an LNG bunkering.
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Source: NYK
