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ClassNK Commits 2.2 Billion Yen (US$25 Million) to Joint GHG Reduction Program |
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Tuesday, 09 March 2010 |
 ClassNK Chairman and President Noboru Ueda announced to the press today that ClassNK will commit 2.2 billion yen (US$25 million) in research and funding as part of its participation in a national joint R&D program to reduce maritime greenhouse gas (GHG) emissions.
ClassNK’s commitment will cover more than 25% of the project’s total
budget of 8.5 billion yen (US$95 million) through 2012. The
announcement was made at a press conference today where Mr. Ueda
outlined the classification society’s objectives for 2010.
During the conference, Mr. Ueda, who will become the Chairman of the
International Association of Classification Societies (IACS) this July,
stated that, “Classification societies must take a leading role in the
reduction of greenhouse gas emissions.” He continued by saying, “Our
commitment as an industry must go beyond merely helping to establish
goals for reducing maritime emissions. We must actively contribute to
developing, funding, and promoting concrete, practical technologies to
make the achievement of these goals a reality. The commitment we are
making today is an important step in that process.”
The R&D program is part of a national effort to reduce GHG emissions
established by the Ministry of Land, Infrastructure, Transportation and
Tourism (MLIT) last year. More than 20 projects currently being
conducted by major Japanese maritime companies have already been
selected for funding and assistance by MLIT. Participants in the
program represent the vast breadth of the Japanese maritime cluster,
including shipping companies, shipbuilders, manufacturers, and research
organizations.
Nippon Kaiji Kyokai, better known as ClassNK, is the world’s largest
classification society on a gross ton basis. With some 170 million
gross tons on its register, ClassNK provides a full range of ship
classification and technical services to roughly 20% of the world’s
commercial fleet.
Source: ClassNK
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