Stakeholder Partnership

While communicating and cooperating with a wide range of stakeholders, the Group creates new business opportunities and contributes to solve social issues.

The NYK Group's Stakeholders

Group companies (Affiliated companies)

NYK never ceases its safety and environmental efforts, which underpin the Group's business activities. While working together with NYK and group companies, we make concerted efforts to further improvement activities.

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National and local governments / Local communities / NGOs and NPOs / Customers, etc.

Exporting fresh fruits and vegetables from Japan using CA containers

Since 2013, NYK and MTI Ltd. have been conducting verification tests on the seaborne transport of fresh fruits and vegetables from Japan using CA (controlled atmosphere) containers. In fact, NYK has begun a shipping service for leafy green vegetables and fruits, which had previously been difficult to transport by sea, to Thailand, Singapore, and destinations in Southeast Asia. Partnering with local governments throughout Japan, we are greatly contributing to the expansion of fresh fruit and vegetable exports from Japan.

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Feasibility study on LNG bunkering hub development plan at the port of Yokohama

NYK is participating in a feasibility study led by Japan's Ministry of Land, Infrastructure, Transport and Tourism to consider a plan for developing an LNG bunkering (fuel supply) hub for ships at the port of Yokohama. Along with government institutions, including the Agency for Natural Resources and Energy, the Port of Yokohama, Tokyo Gas Co. Ltd., and a number of other stakeholders, the NYK Group is studying various issues such as facility plans and safety.

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LNG-fueled tugboat

In August 2015, NYK received delivery of "Sakigake," Japan's first LNG-fueled tugboat. This tugboat can use LNG (liquefied natural gas) as a fuel, and is expected to validate the effectiveness of LNG as a fuel for ships, as well as serve as a flagship that will open up a new business segment for LNG fuel.
In the building and development of "Sakigake", we worked together with group company Keihin Dock Co. Ltd., as well as Niigata Power Systems Co. Ltd. and Air Water Plant & Engineering Inc. In addition, for the supply of LNG to the vessel, NYK has worked with a large number of stakeholders and has received cooperation from the LNG supplier Tokyo Gas Co. Ltd., in addition to the Port of Yokohama and Yokohama-Kawasaki International Port Corporation, the entities overseeing the locations of the supply hubs. This project has been adopted and funded as a project eligible for grants under Japan's Ministry of Economy, Trade and Industry's and Japan's Ministry of Land, Infrastructure, Transport and Tourism's 2013-2015 "Grants for Projects Promoting Energy Conservation in Logistics (Demonstration project for a revolutionary energy-efficient marine transport system)." The project also received assistance from Nippon Kaiji Kyokai (ClassNK) as a project eligible for joint research.

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LNG bunkering vessel

As increased attention is being given to the further use of LNG fuel for ships as a response to environmental issues, the preparation of fuel supply infrastructure has become an issue. NYK thus established a joint venture with Engie SA, Mitsubishi Corporation, and Fluxys SA for the world's first purpose built LNG bunkering vessel "Engie Zeebrugge." The vessel was delivered in February 2017 and entered into service in June. The Group will obtain knowledge and know-how through the operation of this LNG bunkering vessel, and together with our partners, we will expand our LNG bunker sales and supply service around the world. Through this, the NYK Group will contribute to reducing its environmental footprint.

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International hydrogen supply chain demonstration project

NYK has partnered with Chiyoda Corporation, Mitsubishi Corporation, and Mitsui & Co. Ltd. to establish the Advanced Hydrogen Energy Chain Association for Technology Development (AHEAD) and commenced work on the world's first international hydrogen supply chain demonstration project.
The demonstration project will be conducted as a "demonstration of the hydrogen supply chain utilizing the organic chemical hydride method," which was funded by the National Research and Development Agency and New Energy and Industrial Technology Development Organization (NEDO) as a 2015 "Technology Development Project to Establish Hydrogen Society/Technology Development for the Utilization of Large Scale Hydrogen Energy."

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Participation in an NPO hosted stakeholder engagement program

NYK participated in a stakeholder engagement program - a human rights due diligence workshop - hosted by the Caux Round Table Japan. Through discussions with stakeholders, including human rights related NGOs/NPOs, human rights specialists, and companies from a number of other industries, NYK is studying how to extract issues that should be addressed in relation to business and human rights, as well as how to advance corporate activities with consideration for human rights.

Regularly holding conversations with shipyards

The Group is regularly exchanging opinions with the China State Shipbuilding Corporation regarding the most recent technology for ships. With a focus on Digitalization and Green initiatives, both companies introduce the technological developments they are undertaking and at the same time share opinions regarding the social challenges surrounding the shipping industry.

Dialogue with shipbuilding corporation
Commitment to high-quality seafarers

At the fifth Our Ocean Conference* in Bali, Indonesia, on 29 and 30 October 2018, NYK committed to producing high-quality seafarers through the NYK-TDG Maritime Academy (NTMA) established by NYK in the Philippines.

  • *Our Ocean Conference
    The Our Ocean Conference (OOC) is a global conference to maintain the sustainability of our oceans. Representatives from countries around the world participate, including the heads of international organizations, research institutes, and NGOs, to study various ocean-related issues and declare commitments. Former U.S. secretary of state John Kerry initiated the first OOC in 2014 in the U.S. The second was held in Chile, the third in U.S., and the fourth in Malta (hosted by the EU).
    The six themes of the fifth OOC were (1) Marine protected areas, (2) Climate change, (3) Maritime security, (4) Marine pollution, (5) Sustainable fisheries, and (6) Sustainable blue economy. The Japanese government and many Japanese NGOs have submitted commitments, and it is said that the Japanese public and private sectors have been inspired to support maritime affairs.
Community investment

As an organization that conducts business activities globally, the Group aims to be of benefit to tomorrow by fulfilling various tasks and expectations of regional communities around the world. We address community needs by, for example, educating and training tomorrow's seafarers for the development of the maritime industry, in addition to sponsoring events to foster a closer relationship between shipping and society.

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Industry-academia Collaboration

The Group participated in the 2016 UTokyo-MIT Joint Program for a Pioneering Frontier, a joint program between the University of Tokyo (UTokyo) and the Massachusetts Institute of Technology (MIT).
A "study of the feasibility of the autonomous navigation of ships" presented by the Group was selected as one of the themes for the MIT System Design Management course. NYK provided research assistance from a technological and commercial perspective, and the research results were presented at MIT in Boston, Massachusetts, on May 17, 2017.

Shareholders and Investors

NYK believes that repeatedly engaging in mutual communication with, and disclosing information to, shareholders and investors at the proper time and in the proper way will help realize the appropriate evaluation of NYK's corporate value, resolve social issues and identify risks, and lead to the creation of additional corporate value. Following the formulation of the Corporate Governance Guideline in 2015, NYK has clearly set forth in writing a "policy for promoting constructive dialogue with shareholders and investors."
The valuable feedback received from shareholders and investors through dialogue is reported regularly and at the appropriate time to executive management and is being used to improve the management of the business.