TOKYO -- With an eye on Japan's goal of net-zero greenhouse gas emissions by 2050, Tokyo-based Anchor Ship Partners will launch a roughly 600 billion yen ($5.65 billion) vehicle as early as this month to aid decarbonization efforts in the shipping sector.
The fund will purchase fuel-efficient new LNG carriers to lease to such logistics providers as Nippon Yusen, Mitsui O.S.K. Lines and Kawasaki Kisen. By helping to bring more liquefied natural gas to Japan, Anchor Ship hopes to encourage power plants and other facilities to switch from more carbon-intensive alternatives like coal and petroleum.
