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In fiscal 2015, Japan's NYK Line says it achieved a 14.3 percent reduction in carbon dioxide (CO2) emissions, thus exceeding the objective set in the company's 'More Than Shipping 2013' medium-term management plan in 2011, which called for a 10 percent reduction by fiscal 2015 in the CO2 emission rate per unit of transportation from its vessels compared with the rate recorded in 2010.

NYK started employing its Ship Information Management System (SIMS) on vessels in 2008, and currently utilizes big data to reduce fuel consumption. Since 2008, next-generation type car carriers and advanced 14,000-TEU containerships equipped with energy-saving technology have entered NYK's fleet, and now the shipping firm is working towards reaching its next goal: a 15 percent improvement in fuel-efficiency compared to 2010 by fiscal 2018, which was announced in its 'More Than Shipping 2018' medium-term management plan.

"NYK has worked to contribute to the global environment and the creation of sustainable societies by managing environmental risks and arriving at an optimal balance between environment and economy, as indicated in the company's environmental management vision in March 2005. This accomplishment is the result of cooperative efforts by shipowners, ship management companies, crews, and ship operators, among others.

"As a company beyond the envelope of the shipping industry, NYK will continue its efforts to reduce CO2 emissions to alleviate climate change, and to enhance the company's competitiveness by taking advantage of creative solutions initiated in 'More Than Shipping 2018'," NYK said.