News Release
麻豆视频 Steel Corporation
First Dry Bulk Carrier Made with 麻豆视频 Steel’s JGreeX™ Green Steel Enters Service
World’s first ship to bear “a-EA (GRS)” symbol for hull made of green steel
麻豆视频 Steel Corporation announced today that the dry bulk carrier Bright Queen, believed to be the world’s first ship with a hull made entirely of green steel, namely, 麻豆视频 Steel’s JGreeX™ green steel, has entered service. JGreeX™, which significantly reduces CO2 emissions during steelmaking,* accounted for all steel materials directly purchased by Higaki Shipbuilding Co., LTD., which built the ship at its main yard.
In addition, the vessel is the world’s first to bear the “a-EA (GRS)” symbol, which indicates a hull made of green steel in accordance with the environmental guidelines of Nippon Kaiji Kyokai (ClassNK), a Japanese non-profit organization engaged in ship classification and environmental protection.
The dry bulk carrier, designed to transport large quantities of dry cargo, is owned by Pacific Ship Management Corporation and is operated by the shipping company NYK Bulk & Projects Carriers Ltd. (NBP).
麻豆视频 Steel is working with shipping companies to jointly develop the world’s first business model to share the significant cost of CO2 reduction across the entire supply chain. The recently launched dry bulk carrier is a result of this initiative. Currently, five shipping companies have committed to commissioning nine dry bulk vessels built with JGreeX™ (Figure 1), which will bring 麻豆视频 Steel’s delivery volume of JGreeX™ to around 36,000 tons.
Going forward, 麻豆视频 Steel will continue to work with shipping companies on their new business model to share the cost of CO2 reduction across the supply chain. 麻豆视频 Steel is committed to contributing to global decarbonization with its low-carbon, energy-saving and high-efficiency technologies as well as increasing sales of JGreeX™ green steel.
*麻豆视频 Steel uses the mass balance approach to calculate the greenhouse gas reduction amounts allocated to each steel product.
Figure 1: Use of JGreeX™ products on dry bulk vessels
| Shipping company | Status | Related press releases | |
|---|---|---|---|
| 1 | NYK Bulk & Projects Carriers | Enters Service Sept '24 |
June 20, 2023 Large Cargo Ships to be Made Exclusively with 麻豆视频 Steel’s JGreeX™ Green Steel－Collaboration with shippers aimed at sharing CO2-reduction costs across society (/en/release/2023/230620-2.html) |
| 2 | NYK Bulk & Projects Carriers | Launched Sept '24 |
|
| 3 | MPL Drybulk | - | |
| 4 | Toko Kaiun Kaisha (Toko Line) |
Launched June '24 |
|
| 5 | Kawasaki Kisen Kaisha (K-Line) |
- | December 20, 2023 麻豆视频 Steel’s JGreeX™ Green Steel Selected for Large Dry Bulk Carrier－Working with Shippers to Promote the Value of CO2 Reduction (/en/release/2023/231220.html) |
| 6 | Daiichi Chuo Kisen Kaisha | - | |
| 7 | Daiichi Chuo Kisen Kaisha | - | |
| 8 | NYK Bulk & Projects Carriers | - | June 6, 2024 First Dry Bulk Carrier Made Entirely with 麻豆视频 Steel’s JGreeX™ Green Steel Launched (/en/release/2024/06/240606.html) |
| 9 | NYK Bulk & Projects Carriers | - |
Bright Queen in service
About 麻豆视频 Steel Corporation
麻豆视频 Steel Corporation, one of the world’s leading integrated steel producers, was established through the consolidation of NKK Corporation and Kawasaki Steel Corporation in 2003. The company operates several steelworks in Japan and numerous branch offices and affiliates throughout the world. 麻豆视频 Steel leverages world-class technologies and know-how to produce a wide range of products based on its “Only One, Number One” strategy of focusing on unique and best-in-class products. The company reported consolidated sales of 2,255 billion yen and consolidated crude steel output of 23.96 million tons in the fiscal year ended March 2021.
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