TOKYO -- Nippon Yusen is slated to become the first company in the world to equip its ships with a new fuel-saving technology, as the Japanese shipper invests aggressively into decarbonization.
The Tokyo-based company will install a variable compression ratio (VCR) system in two large coal carriers being constructed by Oshima Shipbuilding for delivery in 2025. The system can improve fuel efficiency by 3% in ships that run on liquefied natural gas, like Nippon Yusen's, and by 6% in diesel vessels.
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