Kawasaki Kisen Kaisha (K Line), Chubu Electric Power, Toyota Tsusho Corporation and and Nippon Yusen Kaisha (NYK) have begun joint discussions on the commercialisation of a new business to supply liquefied natural gas (LNG) as a marine fuel to ships in the Chubu (central region) of Japan.
“LNG is expected to become an important alternative to heavy fuel oil due to its relatively low emissions of air polluting substances and greenhouse gases, which will enable ships to meet increasingly stringent international regulations on emissions. The four companies will jointly discuss specific LNG customers and supply methods in preparation for the commercialization of LNG bunkering business,” the four partners noted in a release.
