NYK participated in September as a key partner in the Methane Abatement in Maritime Innovation Initiative (“MAMII”), an initiative to reduce methane emissions in the maritime industry.
More specifically, MAMII is led by Safetytech Accelerator, a non-profit organisation established by Lloyd’s Register Group.
Also, in its first year, the initiative has produced a methane strategy landscape report covering methane regulatory requirements, ‘Well to Tank’ and ‘Tank to Wake’ analysis, and cost benefit analysis.
According to NYK Line, LNG fuel can reduce CO2 emissions by 25% compared to conventional heavy oil fuel.
Therefore, NYK has positioned LNG fuel as one of the bridge solutions until the realization of zero-emission ships in the future and is thus promoting the use of LNG-fueled vessels.
Methane slip, methane gas emissions from LNG into the atmosphere, is a critical issue for reducing greenhouse gas.
Additionally, NYK has been the first to adopt a next-generation dual-fuel engine that can reduce the amount of methane slip by about half compared to conventional systems.
