NYK exhibits Zero-Emission Vessel at G7 Hiroshima Summit

TOKYO: At the Group of Seven (G7) summit held in Hiroshima, Japan, from May 18 to 22 , NYK exhibited a conceptual design for an ammonia-readyLNG-fueledvesselatthesummit’sPR exhibitionspace.NYK'sexhibitincludedthecompany’s attempts to implement the world's first ammoniafueled vessel with a domestic engine (i.e., ammoniafueled tugboat and ammonia-fueled ammonia carrier) and contained videos and panel displays to introduce zero-emissionvessels.

In cooperation with other companies, NYK is promoting its participation in a project to develop the first ammonia-fueled vessel with a domestic engine. This is part of the Green Innovation Fund projects* sponsored by Japan’s New Energy and Industrial Technology Development Organization (NEDO).

For domestic and foreign media, more than 30 heavy industries, automotive manufacturers, and other entities including related ministries, local governments, and publiccorporationssetupboothsfeaturingJapan'sworldleading initiatives in decarbonization, biodiversity conservation, disaster prevention, digitalization, and otherareas.NYKwasthesolecompanyfromtheshipping industrytoparticipate.

NYK will continue its efforts to achieve its long-term goal of reducing greenhouse gas (GHG) emissions to net zeroby2050.