ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

Toyota to go green in moving cars by sea

LNG-fueled ships will slash emissions in line with new global standard

An LNG-powered car carrier, billed as the first of its kind, was constructed by Kawasaki Heavy Industries in 2016.

TOKYO -- Toyota Motor plans to use environmentally friendly ships fueled by liquefied natural gas to transport automobiles across the globe, responding to a tighter environmental rule taking effect in 2020.

The three maritime carriers owning vessels for its vehicles -- Nippon Yusen, Kawasaki Kisen and the Toyota group's Toyofuji Shipping -- are expected to order a little over 20 ships within several years, starting with three to six each. These are seen costing a total of roughly 200 billion yen ($1.83 billion).

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more