NYK Wins Green Loan for the Chemical Tanker

Japanese shipping giant NYK has secured a green loan to finance the construction of its first methanol-fueled chemical tanker set for delivery in 2019. 
The JPY 2 billion (USD 18.04 million) loan will be provided by Taiyo Life Insurance Company and has a duration of 10 years. The loan has been certified by Japan Credit Rating Agency Ltd.
In line with its medium-term management plan “Staying Ahead 2022 with Digitalization and Green”, in May 2018, NYK issued labeled green bonds in order to collect funds for its environmentally-friendly projects, including LNG-fueled vessels. The move is in line with the ever more stringent environmental regulations in the shipping industry, including the upcoming 2020 sulphur cap.
“NYK will promote green finance and continue its efforts to keep a wide range of stakeholders involved in the company’s proactive approach to environmental investment as the company makes efforts to contribute to realizing a sustainable society with technology that lessens environmental burdens,” the company said.
The ship will be built by Hyundai Mipo Dockyard Co. Ltd. and will feature about 49,000 tons in dwt, measuring 183 meters in length overall and 32.2 meters in breadth. Its methanol-fueled main engine is expected to reduce sulphur oxides (SOx) by approximately 99 percent compared with the use of heavy oil.
NYK said that the vessel’s entire SOx emissions, including the electrical generator, will fall by about 75 percent compared with using oils that comply with low-sulphur oil regulations.
 
 日本航運巨頭NYK已獲得綠色貸款,以資助建造其首個甲醇燃料化學品專用船,以便於2019年交付。 
20億日元(1804萬美元)貸款將由 Taiyo人壽保險公司提供,有效期為10年。該貸款已通過日本信用評級機構有限公司的認證。
根據其中期管理計劃“在數字化和綠色方面保持領先2022”,NYK於2018年5月發布了標籤的綠色債券,以便為包括液化天然氣燃料船在內的環保項目籌集資金。此舉符合航運業日益嚴格的環境法規,包括即將到來的2020年硫磺上限。
“NYK將促進綠色金融,繼續努力,保持一個廣泛參與公司的積極的態度,環保投資利益相關者作為公司做的努力,有助於實現可持續發展的社會與技術,減輕環境負擔,”該公司表示。
該船將由現代Mipo船塢有限公司建造,其載重量約為49,000噸,總長183米,寬32.2米。與使用重油相比,其甲醇燃料主發動機預計可減少約99%的硫氧化物(SOx)。
NYK表示,與使用符合低硫石油法規的油相比,該船的整個SOx排放(包括發電機)將減少約75%。


Information source: World Maritime News Staff , Image Courtesy: Safety4Sea