NYK SHIPMANAGEMENT PTE. LTD.
NYK Shipmanagement Pte. Ltd., often referred to as NYK SM, is a wholly-owned subsidiary of Nippon Yusen Kabushiki Kaisha (NYK Line), one of the largest and most prestigious shipping companies in the world. NYK Shipmanagement operates out of Singapore, serving as a key hub for the company's various maritime operations.
Here are some key aspects of NYK Shipmanagement Pte. Ltd.:
Core Services:
- Ship Management: The company provides comprehensive ship management services, encompassing technical management, crew management, safety management, and regulatory compliance.
- Technical Expertise: NYK SM offers technical advisory services, ensuring that all vessels under their management meet international standards for safety, efficiency, and environmental compliance.
- Crew Management: NYK SM manages the recruitment, training, and welfare of seafarers to ensure a skilled and motivated crew manning its vessels.
Vessel Types: NYK Shipmanagement oversees a diverse fleet that includes container ships, bulk carriers, oil tankers, car carriers, and LNG carriers. This diversity enables the company to handle a range of maritime transport needs globally.
Safety and Environmental Focus:
- Safety: Safety is a top priority for NYK SM. The company implements rigorous safety protocols and continuous training programs to protect its crews, vessels, and cargoes.
- Environmental Initiatives: NYK SM actively works to minimize the environmental impact of its operations. This includes investing in technologies and practices that reduce emissions, enhance fuel efficiency, and manage waste effectively.
Global Presence: While headquartered in Singapore, NYK Shipmanagement operates on a global scale. This global reach allows the company to serve a wide array of clients and maintain operational effectiveness across different regions and markets.
Innovation and Technology: The company leverages advanced technologies for ship management, including digital tools and software for monitoring vessel performance, predictive maintenance, and optimizing operational efficiency.
Affiliations and Standards: NYK SM adheres to international shipping standards and is affiliated with various maritime organizations. This commitment ensures compliance with global regulations like the International Maritime Organization (IMO) directives.
The company's overarching goal is to provide efficient and reliable ship management services while maintaining the highest standards of safety, environmental stewardship, and operational excellence.
Locations
NYK Line News
NYK to Make Mitsubishi Ore Transport its Wholly-Owned Subsidiary
NYK agreed to obtain all the shares of Mitsubishi Ore Transport Co., Ltd. (MOT) from Mitsubishi Corp. (MC), Tokio Marine & Nichido Fire Insurance Co., Ltd. (Tokio Marine & Nichido), and Mitsubishi Heavy Industries, Ltd. (MHI), making MOT its wholly-owned subsidiary.MOT is a joint company of NYK, which owns a 40.28% stake, MC, Tokio Marine & Nichido, and MHI, mainly operating vessel management and ship-owning businesses with 17 ships consisting of bulkers…
Japan Honors Autonomous Ship Initiative at Innovation Awards
An autonomous ship initiative by a group of companies in Japan was recognized by Japan’s Cabinet Office at Fifth Japan Open Innovation Prize Ceremony on Wednesday.The companies receiving recognition are NYK and NYK Group companies Japan Marine Science Inc., MTI Co. Ltd., and Kinkai Yusen Kaisha Ltd.The received Japan’s Minister of Land, Infrastructure, Transport and Tourism Award at a ceremony hosted by Japan’s Cabinet Office.
Siemens Gamesa Charters NYK CTV for Japanese Offshore Wind Farm
Siemens Gamesa and the Japanese shipping and logistics company NYK have signed a time charter contract for a crew transfer vessel (CTV) that will be used at an offshore wind farm in Japan.The CTV will be owned by NYK and managed by Hokkaido-based Hokuyo Kaiun Co., Ltd., an NYK Group company. The vessel will be engaged in transporting workers to the offshore wind farm at Ishikari Bay New Port in Japan…
NYK to Order Two LNG-Fueled Large Coal Carriers
Japan's NYK is set to order two LNG-fueled large coal carriers from Oshima Shipbuilding Co., Ltd. The vessels are scheduled to be delivered in 2025."This ship order is a part of a bulk carrier fleet development aimed at achieving net-zero greenhouse gas (GHG) emissions in the NYK Group's oceangoing businesses by 2050," NYK said.NYK says that compared to conventional heavy oil-fueled ships, the two new ships will emit zero sulfur oxides (SOx)…
NYK, MTI earn ClassNK Approval for CBM Ship Maintenance Method
NYK and MTI Co., Ltd. received approval from ClassNK for a new condition-based maintenance (CBM) method implemented on NYK-owned coal carrier Noshiro Maru. The certified CBM is a method for monitoring the condition of bearings of large marine diesel engines through temperature data, a method that was adopted in the "CBM Guidelines, Second Edition"4 issued by ClassNK in 2021.In addition, the Diesel Engine Main Bearing Condition Monitoring System…
ClassNK Grants AIP for NYK's Ammonia Bunkering Vessel
Classification society ClassNK announced it has issued an approval in principle (AIP) for an ammonia bunkering vessel (ABV) developed by Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line).The ABV developed by NYK Line will be used as a bunkering vessel for ammonia-fueled vessels, which are expected to be widely used from the late 2020s. The company has developed its own design drawings…
KNOT Takes Delivery of Dual-Fuel Shuttle Tanker. Charter Secured with Eni
Knutsen NYK Offshore Tankers (KNOT), an affiliate of NYK, has taken delivery of a dual-fuel LNG shuttle tanker built at Daewoo Shipbuilding & Marine Engineering yard in South Korea.
KNOT's First LNG Dual Fuel Shuttle Tanker Delivered
A dual-fuel LNG (liquefied natural gas) shuttle tanker1 ordered by Knutsen NYK Offshore Tankers AS,2 which is an affiliate of NYK, was delivered on August 2 at Daewoo Shipbuilding & Marine Engineering Co. Ltd. The vessel has been named Frida Knutsen.The shuttle tanker will be chartered to ENI Trade & Biofuels S.p.A, a subsidiary of Ente Nazionale Idrocarburi S.p.A (ENI), 3 and will be engaged in oil…
Nippon Yusen Kabushiki Kaisha Revises Financial Outlook
Nippon Yusen Kabushiki Kaisha has upgraded its financial outlook for the fiscal year ending March 2023, projecting higher revenue and operating profits across the board in light of changing market conditions across multiple sectors it serves, inculding containershipping and bulk carriers. In a statemetn the company said:"The forecast at the beginning of the current fiscal year assumed a decline in demand related to general consumer goods considering lockdowns in China…
NYK Line, IPS Get ClassNK AiP for Ammonia-fueled Tugboat
Japanese classification society ClassNK has granted its Approval in Principle for NYK Line and IHI Power Systems's (IPS) ammonia-fueled tugboat currently being jointly researched and developed. This R&D is part of the Green Innovation Fund project within Japan’s New Energy and Industrial Technology Development Organization (NEDO) for the development of vessels equipped with a domestically produced ammonia-fueled engine…
Mitsubishi Shipbuilding, NYK Line score ClassNK AIP for Large LCO2 Carrier
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabushiki Kaisha (NYK Line) wee granted Approval in Principle (AiP) from ClassNK for joint development of CO2 transport technology for liquefied CO2 (LCO2) carriers.LCO2 carriers transport liquefied CO2 at low temperature and high pressure, which is contained in the cargo tank system. Since the design of cargo…
NYK, Knutsen Form Liquefied CO2 Transportation and Storage JV
Japan's NYK and Norway's Knutsen Group have formed a joint venture company for the commercial development of a liquefied CO2 marine transportation and storage business using the Knutsen developed technology PCO2 which allows transport of liquified CO2 at ambient temperatures. NYK and the Knutsen Group, will each hold a 50% stake in the new company, which has been named Knutsen NYK Carbon Carriers (KNCC).
NYK Signs Multi-Year Deal with GAIL (India) Limited for Charter of LNG Carrier
NYK signed a multi-year time-charter contract with GAIL (India) Limited, India's largest natural gas company, for a liquefied natural gas (LNG) carrier. Grace Emilia, the vessel that will be chartered, is equipped with a WinGD-made dual-fuel slow-speed X-DF diesel engine, a unit that has superior fuel-consumption efficiency and can operate on marine gas oil or boil off gas stored in the cargo tank.
NYK to Build Two LPG Dual-Fuel Very Large LPG / NH3 Gas Carriers
NYK ordered its first two liquefied petroleum gas (LPG) dual-fuel very large LPG / ammonia (NH3) gas carriers (VLGCs) from Kawasaki Heavy Industries, Ltd., both to be built at the KHI Sakaide Works shipyard and are set delivery in 2024.Both ships will be equipped with separate cargo tanks designed to carry LPG and ammonia at the same time to flexibly respond to various trade patterns. Ammonia is attracting…
NYK, ABS, WinGD Working on Battery-Hybrid System to Cut GHG Emissions from Ships
NYK and NYK Group company MTI Co., Ltd. (“MTI”), together with the American Bureau of Shipping (“ABS”) and Winterthur Gas & Diesel Ltd. ("WinGD"), have started joint research for optimization of ship design by utilizing a battery-hybrid system to aid ship propulsion and thus reduce greenhouse gas (GHG) emissions from vessels.A vessel’s main-engine revolutions may increase significantly when a vessel…
NYK Bulk Carrier Completes Another Run on Biofuel
NYK conducts third successful biofuel trial on ship carrying Tata Steel cargoThe bulk carrier Frontier Sky, which is owned by NYK and operated by Tata NYK Shipping Pte. Ltd., conducted a trial use of biofuel to transport cargo provided by Tata Steel Limited, the major steel manufacturer in India. According to the company, this is the third successful trial use of biofuel by an NYK vessel.In this test voyage, the vessel was fueled with biofuel by Toyota Tsusho Petroleum Pte. Ltd.
Mitsubishi Shipbuilding, NYK collaborate to create Large Liquefied CO2 Carrier
With all eyes on carbon neutrality, a pair of Japanese maritime titans -- Mitsubishi Shipbuilding and Nippon Yusen Kabushiki Kaisha (NYK Line) -- have agreed to jointly develop a large-scale liquefied CO2 (LCO2) carrier. To facilitate the development of technologies for transporting CO2 using large vessels, this project will combine Mitsubishi Shipbuilding’s gas handling technologies with NYK Line’s knowledge in operations of not only small and medium-sized vessels…
Hyundai Samho Delivers Diamond Gas Victoria LNG Tanker
Japan's NYK Line said Wednesday it had, as part of Diamond LNG Shipping 6 consortium, taken delivery of the Diamond Gas Victoria LNG gas carrier.The LNG carrier will transport LNG from British Columbia for the LNG Canada project, as well as from other locations around the world, under a long-term time-charter contract with Diamond Gas International, a subsidiary of Mitsubishi Corporation (MC), which…
NYK Pushes Forward its "Sail GREEN;" to Build a Dozen LNG-Fueled PCTCs
NYK signed a memorandum of understanding (MoU) for the consecutive building of LNG-fueled PCTCs at Shin Kurushima Dockyard Co., Ltd. and Nihon Shipyard Co., Ltd. Twelve new ships are planned to be built, six ships each at the two shipyards, for delivery successively from fiscal 2025 to fiscal 2028.The dozen ship is in accordance with the PCTC fleet replacement plan to achieve NYK’s environment management target, which is to reduce CO2 emissions per ton-kilometer of transport by 50% by 2050.
World's First Barge-to-Ship Methanol Bunkering Carried out in Rotterdam
On May 10, 2021, the methanol-dual fueled chemical tanker Takaroa Sun, owned by NYK Bulkship (Asia) Pte. Ltd. participated in what is touted as the world’s first barge-to-ship bunkering of methanol fuel. The bunkering of methanol fuel was conducted in Rotterdam port under the leadership of the charterer Waterfront Shipping Company Limited, together with the cooperation of the Port of Rotterdam, Royal Vopak N.V.…
