NYK

STAX Engineering Partners with AMPORTS to Offer Emissions Capture and Control Services at the Port of Benicia

Retrieved on: 
Tuesday, April 23, 2024
Particulates, Partnership, STAX, Oxide, CARB, Nitrogen, Nippon Yusen, NOx, NYK, Ship, Engineering

This landmark agreement will bring STAX's cutting-edge services to all auto carriers at berth at the Port of Benicia, marking the fourth such agreement signed by STAX in just eight weeks.

Key Points: 
  • This landmark agreement will bring STAX's cutting-edge services to all auto carriers at berth at the Port of Benicia, marking the fourth such agreement signed by STAX in just eight weeks.
  • The Port of Benicia is a critical point of entry for vessels from Asia, Europe and Mexico and exporting vessels bound for Asia.
  • At the Port, AMPORTS handles roughly 260,000 imported vehicles annually, about 20% of the vehicles imported by sea into California.
  • “Every port and port community in the world stands to benefit from affordable, accessible emissions capture and control services.

North Pacific Green Corridor Consortium Aims to Decarbonize Transportation Corridor Between Canada, Japan and South Korea

Retrieved on: 
Monday, April 15, 2024
Mitsubishi Heavy Industries, Port of Prince Rupert, Research, Teck, Transport, Carbon, Canadian National Railway, NYK, Oldendorff Carriers, Renewable energy

VANCOUVER, British Columbia, April 15, 2024 (GLOBE NEWSWIRE) -- Global industry leaders from North America, Asia and Europe announced today the formation of the North Pacific Green Corridor Consortium (NPGCC) whose members and partners will work together to decarbonize the value chain for commodities between North America and Asia.

Key Points: 
  • VANCOUVER, British Columbia, April 15, 2024 (GLOBE NEWSWIRE) -- Global industry leaders from North America, Asia and Europe announced today the formation of the North Pacific Green Corridor Consortium (NPGCC) whose members and partners will work together to decarbonize the value chain for commodities between North America and Asia.
  • The NPGCC will apply its collective expertise to develop a corridor for the decarbonized transportation of multiple commodities, including agricultural products, metal concentrates and steelmaking coal.
  • The NPGCC is open to additional members and partners, in particular end-use customers, to contribute to the development and implementation of the green trade corridor.
  • The NPGCC will also engage in research, knowledge-sharing, advocacy, member coordination and recruitment to accelerate members’ progress towards their decarbonization objectives.

Carnival Corporation & plc Announces Maritime Executive Changes Effective Feb. 1, 2025

Retrieved on: 
Monday, April 15, 2024
USS Toledo, RET, Carnival Corporation & plc, Pedigree, Safety, Policy, Foreign policy, Health, Carnival, Royal Caribbean Group, CCL, Carbon, Engineering, Environment, Quadrennial Defense Review, Costa Group, Food, SSN, Carnival Cruise Line, NYK, AIDA, Task Force 73, Knowledge, Strategic planning, Cruise line

MIAMI, April 15, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today announced that Vice Admiral William R. Burke (Ret.), Chief Maritime Officer for the company, has advised that he will be stepping down from the role effective February 1, 2025. At that time, Lars Ljoen, currently Chief Operations Officer for the company's flagship Carnival Cruise Line brand, will be promoted to Chief Maritime Officer of Carnival Corporation & plc, overseeing all aspects of maritime operations for the corporation and its portfolio of world-class cruise lines and reporting to Carnival Corporation & plc's Chief Executive Officer Josh Weinstein. Ljoen will also be responsible for strategic destination development and will oversee management of the company's owned and operated ports.

Key Points: 
  • ), Chief Maritime Officer for the company, has advised that he will be stepping down from the role effective February 1, 2025.
  • At that time, Lars Ljoen, currently Chief Operations Officer for the company's flagship Carnival Cruise Line brand, will be promoted to Chief Maritime Officer of Carnival Corporation & plc, overseeing all aspects of maritime operations for the corporation and its portfolio of world-class cruise lines and reporting to Carnival Corporation & plc's Chief Executive Officer Josh Weinstein.
  • Ljoen will also be responsible for strategic destination development and will oversee management of the company's owned and operated ports.
  • Overseeing the company's maritime operations around the world, Burke has reshaped the company's maritime policy, maritime standards, shipbuilding, training including CSMART, medical, maritime asset strategy, and technical research and development.

Carnival Corporation & plc Announces Maritime Executive Changes Effective Feb. 1, 2025

Retrieved on: 
Monday, April 15, 2024
USS Toledo, RET, Carnival Corporation & plc, Pedigree, Safety, Policy, Foreign policy, Health, Carnival, Royal Caribbean Group, CCL, Carbon, Engineering, Environment, Quadrennial Defense Review, Costa Group, Food, SSN, Carnival Cruise Line, NYK, AIDA, Task Force 73, Knowledge, Strategic planning, Cruise line

MIAMI, April 15, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today announced that Vice Admiral William R. Burke (Ret.), Chief Maritime Officer for the company, has advised that he will be stepping down from the role effective February 1, 2025. At that time, Lars Ljoen, currently Chief Operations Officer for the company's flagship Carnival Cruise Line brand, will be promoted to Chief Maritime Officer of Carnival Corporation & plc, overseeing all aspects of maritime operations for the corporation and its portfolio of world-class cruise lines and reporting to Carnival Corporation & plc's Chief Executive Officer Josh Weinstein. Ljoen will also be responsible for strategic destination development and will oversee management of the company's owned and operated ports.

Key Points: 
  • ), Chief Maritime Officer for the company, has advised that he will be stepping down from the role effective February 1, 2025.
  • At that time, Lars Ljoen, currently Chief Operations Officer for the company's flagship Carnival Cruise Line brand, will be promoted to Chief Maritime Officer of Carnival Corporation & plc, overseeing all aspects of maritime operations for the corporation and its portfolio of world-class cruise lines and reporting to Carnival Corporation & plc's Chief Executive Officer Josh Weinstein.
  • Ljoen will also be responsible for strategic destination development and will oversee management of the company's owned and operated ports.
  • Overseeing the company's maritime operations around the world, Burke has reshaped the company's maritime policy, maritime standards, shipbuilding, training including CSMART, medical, maritime asset strategy, and technical research and development.

Knot Offshore Partners LP Earnings Release—interim Results for the Period Ended December 31, 2023

Retrieved on: 
Monday, February 26, 2024
Oil, Gas, Energy, Maritime, Transport, Other Energy, Acquisition, Shuttle, TotalEnergies, ATM, Growth, Sale, Partnership, Exercise, Petrobras, NYK, Employment, Public expenditure, Agent, Construction

The Partnership does not apply hedge accounting for derivative instruments, and its financial results are impacted by changes in the market value of such financial instruments.

Key Points: 
  • The Partnership does not apply hedge accounting for derivative instruments, and its financial results are impacted by changes in the market value of such financial instruments.
  • On January 9, 2024, the loan facility secured by the Dan Sabia was repaid in full with a $10.4 million payment.
  • In May 2024, the loan facility secured by the Hilda Knutsen is due for repayment, for which the balloon repayment is $57 million.
  • Management believe that such facility will be refinanced on acceptable and similar terms prior to maturity.

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended September 30, 2023

Retrieved on: 
Wednesday, December 13, 2023
Maritime, Other Energy, Transport, Oil, Gas, Energy, Other Transport, EBITDA, Partnership, Sale, Employment, Master limited partnership, SOFR, FPSO, Knutsen NYK Offshore Tankers, Asset-backed security, Depreciation, Bank statement, Exercise, Shell, Repsol, GAAP, Adjustment, NYK, Total, Growth, LIBOR, Cryptocurrency, Airline, Renting, Beauty salon, Security (finance), Equinor

For the three months ended September 30, 2023 (“Q3 2023”), KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”):

Key Points: 
  • For the three months ended September 30, 2023 (“Q3 2023”), KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”):
    Generated total revenues of $72.7 million, operating income of $20.6 million and net income of $12.6 million.
  • Vessel operating expenses for Q3 2023 were $23.2 million, a decrease of $2.1 million from $25.3 million in Q2 2023.
  • Depreciation was $27.5 million for Q3 2023, a decrease of $0.6 million from $28.1 million in Q2 2023.
  • Interest expense for Q3 2023 was $18.5 million, an increase of $0.4 million from $18.1 million for Q2 2023.

Cenlar Appoints Two New Directors and Promotes One to Enterprise Portfolio Management Office

Retrieved on: 
Monday, December 4, 2023
Consulting, Banking, Professional Services, Finance, Project Management Institute, Project Management Professional, Webster, PMO, Mentorship, EPMO, SIRVA, QBE, PMP, FSB, Business administration, Culminating project, Fiserv, Villanova University, Webster Bank, NYK, Accenture, Program management, University, Azure, Quinnipiac University, Management information system, University of Phoenix, Bachelor, QBE Insurance, Merrill (company), Certification, AWS, Management

Cenlar FSB, the nation’s leading mortgage loan subservicer, announced today that Kelly O’Donnell and Karen Sim have joined Cenlar as Directors of Enterprise Portfolio Management, and Darrin Borell has been promoted to Director of Enterprise Portfolio Management.

Key Points: 
  • Cenlar FSB, the nation’s leading mortgage loan subservicer, announced today that Kelly O’Donnell and Karen Sim have joined Cenlar as Directors of Enterprise Portfolio Management, and Darrin Borell has been promoted to Director of Enterprise Portfolio Management.
  • The Enterprise Portfolio Management Office (EPMO) team is led by Vice President of Enterprise Portfolio Management Gabe Rinaldi.
  • Kelly O’Donnell, to Director of Enterprise Portfolio Management.
  • Darrin joined Cenlar in 2021 as the Manager of Enterprise Portfolio Management.

Participating in the Second Stage of the Nippon Foundation MEGURI2040

Retrieved on: 
Friday, July 21, 2023
Insurance, TST, SK, Joint technological education district, Nippon Yusen, Nabtesco, MHI, Project management, Transport, Hong Kong Fir Shipping Co Ltd v Kawasaki Kisen Kaisha Ltd, Environment, Brain, Foundation (nonprofit), Certification, Mitsubishi Research Institute, Honda, NYK, PMO, NTT Communications, Project management office, Marubeni, RORO, Ship, SKY PerfecTV!, Workload, Research, SKY Perfect JSAT, Nippon Foundation, Mitsubishi Heavy Industries, JSAT Corporation, Shipbuilding, Limited, LTD

On July 20, the Nippon Foundation held a seminar(3) on the MEGURI2040.

Key Points: 
  • On July 20, the Nippon Foundation held a seminar(3) on the MEGURI2040.
  • At the seminar, an overview of the second stage of MEGURI2040 and the project's initiatives were presented.
  • This program is positioned as the second stage of MEGURI2040, which started in 2020, and aims for full-scale commercialization of fully autonomous ship technology by 2025, which was developed in the "Joint Technological Development Program for Demonstration of Fully Autonomous Ship," which was carried out as the first stage, in cooperation with the Nippon Foundation.
  • Mitsubishi Shipbuilding participated in the first stage of MEGURI2040 as the representative company of the DFFAS Consortium, the predecessor of DFFAS+, and will continue to serve as the representative company of DFFAS+ in the second stage of MEGURI2040.

Mitsubishi Shipbuilding Holds Christening and Launch Ceremony in Shimonoseki for LNG Bunkering Vessel KEYS Azalea

Retrieved on: 
Wednesday, July 12, 2023
Mitsubishi Heavy Industries, Carbon dioxide, Nippon Yusen, KEYS, GHG, Setouchi region, Sulfur oxide, Carbon, Ship, NOx, MHI, Work, Azalea, Natural gas, Particulates, NYK, Enoura Maru, LTD, CO2, Kyushu, LNG

TOKYO, July 12, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, today held a christening and launch ceremony for a liquefied natural gas (LNG) bunkering vessel, the first to operate in western Japan, built under contract for KEYS Bunkering West Japan Co., Ltd.

Key Points: 
  • TOKYO, July 12, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, today held a christening and launch ceremony for a liquefied natural gas (LNG) bunkering vessel, the first to operate in western Japan, built under contract for KEYS Bunkering West Japan Co., Ltd.
  • The new vessel, christened KEYS Azalea, is scheduled for handover in March 2024 following outfitting work and sea trials.
  • The KEYS Azalea is equipped with a dual fuel generator engine capable of using both LNG and marine diesel oil as fuel, a first for LNG bunkering vessel in Japan.
  • Mitsubishi Shipbuilding will contribute to reducing greenhouse gas (GHG) emissions in the maritime industry by building ships to supply LNG fuel.

Mitsubishi Shipbuilding and NYK Line Obtain Approval in Principle (AiP) from Japan's Classification Society ClassNK for Ammonia and LCO2 Carrier

Retrieved on: 
Thursday, June 29, 2023
Carbon, Building material, Mitsubishi Heavy Industries, International Code of the Construction and Equipment of Ships Carrying Liquefied Gases in Bulk, AIP, Classification, Commitment, Nippon Yusen, Nippon Kaiji Kyokai, Mitsubishi Group, Ammonia, Movement, MHI, Acquisition, Utilization, NYK, Knowledge, Transport, CO2, Safety, CCUS, Coal, Principle

Ammonia is attracting worldwide interest as a next-generation clean energy that does not emit CO2 during combustion.

Key Points: 
  • Ammonia is attracting worldwide interest as a next-generation clean energy that does not emit CO2 during combustion.
  • Mitsubishi Shipbuilding and NYK Line have been working on the technological development of ammonia or LCO2 dedicated carriers, and both companies have already been collaborating on the technical development of large LCO2 carriers.
  • With this acquisition of AiP, the two companies will utilize their accumulated knowledge of ammonia and LCO2 to aim for the safe and economical transportation of ammonia and LCO2 on the same carrier.
  • NYK Line will contribute to realizing a carbon-neutral society by promoting the establishment of the CCUS value chain and the ammonia value chain.