Risk of declining competitiveness due to delays in responding to environmental regulations and new-fuel vessels
First written in FY2023. 8 of 9 entries say "Mitigated", first in FY2024-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2024: 2 of 10 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In the new shipbuilding businesses of our company and 函館どつく株式会社, we began major capital investment in production facilities for zero-emission vessels and other products, supported by the government's assistance for the development and introduction of production facilities using Green Transformation (GX) Economic Transition Bonds.」
The company began preparing and introducing production facilities for zero-emission vessels and other vessels designed to address environmental requirements, taking concrete steps to address the risk of reduced competitiveness due to delays in responding to environmental regulations and new-fuel vessels. - 2026-05-14MitigatedEarnings
「We have begun large-scale capital investment to build zero-emission vessels and other products.」
The commencement of capital investment for building zero-emission vessels and other products indicated progress in implementing environmental measures. - FY2026-H1MitigatedAnnual report
「The company received orders for 5 large bulk carriers and 5 handy-size bulk carriers designed to comply with environmental regulations.」
The company received orders for 5 large bulk carriers designed to comply with environmental regulations, demonstrating progress in addressing new-fuel and environmentally friendly vessels through its order track record. This indicated mitigating factors for the risk of reduced competitiveness due to delays in addressing environmental regulations. - FY2025MitigatedAnnual report
「In March this year, the company jointly developed a large ammonia carrier powered by ammonia with Mitsui O.S.K.Lines,Ltd. and 三菱造船株式会社, and jointly obtained basic design approval.」
The company jointly obtained basic design approval for a large ammonia carrier, demonstrating concrete progress in addressing new-fuel and zero-emission vessels. - FY2025-H1MitigatedAnnual report
「During the current interim consolidated fiscal period, we completed 1 large LPG/ammonia carrier (VLGC) designed to run on LPG fuel with consideration for the global environment and 14 handy-size bulk carriers, and received orders for 2 VLGCs and 11 handy-size and large bulk carriers, resulting in」
The company completed 1 environmentally friendly VLGC and received orders for a further 2 VLGCs. Its track record in new-fuel and environmentally friendly vessels is continuing to advance. - FY2024MitigatedAnnual report
「During the current consolidated fiscal year, we completed a total of 12 vessels, including 1 large LPG/ammonia carrier (VLGC) designed to run on LPG fuel with consideration for the global environment, 1 large coal carrier designed to run on LNG fuel and 6 large bulk carriers,」
The completion of an environmentally friendly VLGC and a large LNG-fueled coal carrier further demonstrated the company's track record in addressing environmental regulations and new-fuel vessels. - FY2024-Q3MitigatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, we completed a total of 8 vessels, including 1 large LPG/ammonia carrier (VLGC) designed to run on LPG fuel with consideration for the global environment and 1 large coal carrier designed to run on LNG fuel,」
In addition to a large LPG-fueled VLGC, the company completed a large LNG-fueled coal carrier, further demonstrating its track record in new-fuel and environmentally friendly vessels. - FY2024-Q2MitigatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, we completed a total of 4 vessels, including 1 large LPG/ammonia carrier (VLGC) designed to run on LPG fuel with consideration for the global environment and 2 large bulk carriers.」
The completion of a large LPG-fueled VLGC designed with consideration for the global environment provided concrete evidence of the company's track record in new-fuel and environmentally friendly vessels. - FY2023First statedAnnual report
「In addition to the IMO's GHG reduction target for 2050, Japan's shipping industry and other sectors are pursuing a net-zero target for 2050, and demand is increasing for new-fuel vessels and other ships that can replace conventional-fuel vessels.」
Against the backdrop of the IMO's 2050 GHG reduction target and Japan's domestic shipping industry's 2050 net-zero target, this separately identifies the risk of reduced technological superiority and competitiveness if the company cannot establish systems for addressing environmental regulations and new-fuel vessels.