NYK and BHP extend vows to advance dry bulk shipping decarbonization

Japanese shipping company Nippon Yusen Kaisha (NYK Line) has extended a cooperation deal with resources company in Australia BHP Group Ltd (BHP) to advance decarbonization and safety in the dry bulk industry.

The parties signed an agreement to renew a memorandum of understanding (MOU) initially concluded in June 2022.

The two sides initially teamed up in 2022 to study the next-generation of zero-GHG emission ships fuelled by green or blue ammonia.

At that time, the aim was to promote the use of GHG emission reduction measures such as energy-saving innovations and technologies, and alternative lower- and zero-GHG