Article

Japan's largest shipping company, NYK, has made significant strides in sustainability by developing green ammonia as an alternative marine fuel. With the launch of the tugboat Sakigake, the world's first ammonia-powered vessel, NYK aims to reduce its contribution to global greenhouse gas emissions, which currently account for three percent of total emissions. CFO Akira Kono highlights the importance of biofuel research and development in the company's sustainability initiatives.