NYK Line
NYK Line
NYK
Tokyo, Japan
https://www.nyk.com/english/
814
394
29647000
420
36816000
Nippon Yusen Kabushiki Kaisha (NYK) was founded in 1885 and is one of the world's leading transportation companies. At the end of March 2022, the NYK Group was operating 814 major ocean vessels, as well as fleets of planes and trucks. The NYK Group is based in Tokyo, employs about 35,000 people worldwide, and has regional headquarters in London, New York / New Jersey, Singapore, and Shanghai. On March 24, 2022, NYK issued the “NYK Group ESG Story 2022”, which introduces activities for integrating ESG into the company’s management strategy as set forth in the “NYK Group ESG Story”. In order to continue to be a corporate group that remains essential to society and industry, the NYK Group aims to be a sustainable solution provider that creates new value while maximizing profits and achieving social and environmental sustainability from a long-term perspective.
In 2008, prior to the introduction of the Hong Kong Convention, NYK established the following ship-recycling policy, which incorporates the final draft of the convention, and we continually improve it. • An inventory of hazardous materials (IHM) is to be prepared for all ships owned by NYK and its group companies and kept on board. Ships that are likely to be dismantled will be given priority in the preparation of the IHM, and this document will be securely kept on board and presented at the time of delivery to the yard. • We will visit the yards that have been issued a Statement of Compliance under the convention by the classification societies, and the yard will be certified by us if it meets our own standards, which take into consideration ISO 14001/9001/30000/OHSAS 18001 certification. • We will periodically visit our certified yards to confirm that the level of environmental and occupational safety and health is maintained in accordance with our ship-recycling policy and standards. • We will use our own contract format for ship recycling, and after delivery to the yard, we will confirm the status of safety and environmental measures based on the contract and monitor the ship-recycling process.
Yes
Yes
https://www.nyk.com/english/esg/envi/ocean/
2008
25-50%
Yes
Yes
https://https://www.nyk.com/english/esg/envi/ocean/
ISO9001, ISO14001, ISO45001
Yes
<25%
Yes
An inventory of hazardous materials (IHM) is to be prepared for all ships owned by NYK and its group companies and kept on board. Ships that are likely to be dismantled will be given priority in the preparation of the IHM, and this document will be securely kept on board and presented at the time of delivery to the yard. We will visit the yards that have been issued a Statement of Compliance under the convention by the classification societies, and the yard will be certified by us if it meets our own standards, which take into consideration ISO 14001/9001/30000/OHSAS 18001 certification. We will periodically visit our certified yards to confirm that the level of environmental and occupational safety and health is maintained in accordance with our ship-recycling policy and standards. We will use our own contract format for ship recycling, and after delivery to the yard, we will confirm the status of safety and environmental measures based on the contract and monitor the ship-recycling process.
Yes
https://www.nyk.com/english/esg/envi/ocean/
Yes
Yes
No
https://www.nyk.com/english/esg/nyk/
Yes
2008
Yes
The NYK sales form states as follows; The Vessel is sold on the assumption that she is continued to be used in the actual business for the purpose of trading only. When the Vessel is to be demolished, the Buyer shall use its best endeavors to procure that such demolition shall be carried out in accordance with all the applicable international and local laws, regulations and rules, and further the rules included in Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009(hereinafter “the Convention”) regardless of whether it is in force or not.
Yes
See above
Sometimes
We require the owners to follow all the applicable international and local laws, regulations and rules, and further, the rules included in Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 regardless of whether it is in force or not, in case that A) the vessel is sent for recycling right after redelievry and B) we charter the vessel with i) 2 years or longer charter period and ii) 15 years old or older as of redelivery.
Sometimes
See above
Sometimes
We apply our Ship Recycling Policy to vessels owned by JVs in which NYK has a majority share.
Always
NYK has its own contract template, which contains BIMCO RECYCLECON elements. Moreover, we remain committed to our responsibility of having the vessel placed in the agreed ship recycle facility by having our crew remain on board until the vessel reaches the facility.
Always
The NYK contract states that the place of demolition must hold a valid Statement of Compliance with HKC certified by Class NK and NYK.
Yes
All the points mentioned are included among the standard provisions or the recycling contracts for our vessels.
Yes
Always
Always
Yes
We provide an IHM that meets the requirement of the HKC.
Yes
NYK has never sent tankers to ship recycling facilities, but we have following requirements. -Cargo tank cleaning with sea water -Gas Free -Sludge removal
Always
The NYK contract states that the place of demolition must hold a valid Statement of Compliance with HKC certified by Class NK and NYK.
Always
As part of our recycling facility certification process, NYK sends an auditor to the facility.
Always
Never
Always
We require facilities to have a formal and confidential internal complaints/grievance process to receive, investigate, and resolve issues related to violation of HR policies, human rights, or labour practices.
Always
We require facilities to have a written and communicated policy that protects all workers’ freedom of association and rights to collective bargaining.
The president of NYK is strongly committed to safe and environmentally friendly ship recycling. NYK has thus created the “ESG yardstick,” which is a way of heightening our sensitivity to social and environmental issues. Our recycling policy is continually updated through action plans based on this ESG yardstick. https://www.nyk.com/english/esg/esg-story/