NYK Line, K Line Axe CO2 Emissions by Using Big Data
- Business & Finance
Japanese shipping companies NYK Line and Kawasaki Kisen Kaisha (K Line) achieved CO2 emission cuts from their ships in 2015 by using energy-saving technologies, primarily big data, and they are setting further targets to cap the emissions.
Namely, NYK reduced its CO2 footprint by 14.3 percent, exceeding its goal established in 2011 – reduction of ten percent by 2015 in the CO2 emission rate per unit of transportation from vessels compared with the rate recorded in 2010.
NYK said it was using its ship information management system (SIMS) on vessels in 2008, before the International Maritime Organization (IMO) tightened regulations on CO2 emissions, and currently utilized big data to reduce fuel consumption.
The company said it is still making efforts to attain the next goal – a 15-percent improvement in fuel efficiency above the 2010 level by 2018.
In addition, K Line has announced that it slashed CO2 emissions by 13.6 percent in 2015 against its 2011 level, as a result of deployment of larger vessels, introducing energy-saving technologies and using big data as well.
K Line said it accomplished ahead of schedule the CO2 emission reduction target by ten percent for 2019 against 2011 level.
In light of this achievement, the company is to set a new emission reduction target – 25 percent by 2030. This is part of its vision for 2050 – to reduce CO2 footprint by 50 percent.