The "Project to Promote the Construction of Zero-Emission Ships" supports the development of vessels powered by hydrogen and ammonia as propulsion energy sources. Its clear objective is to establish a world-leading domestic production system for zero-emission ships by developing outfitting facilities, such as outfitting platforms, for installing related marine equipment. Through these efforts, the project aims to promote market adoption, reduce CO2 emissions, enhance industrial competitiveness, and drive economic growth.

Our approved plan, with a total capital investment of 7.2 billion yen and a maximum subsidy of 3.6 billion yen, aims to enhance production efficiency through the construction of a new outfitting pier - essential for building zero-emission ships that require extended outfitting periods - and the reinforcement of jib cranes to enable larger block construction. Notably, it is the largest project selected under this initiative for small and medium-sized enterprises. Through these initiatives, we will establish a robust zero-emission shipbuilding framework and compete for the No. 1 share in Japan's zero-emission feeder container ship sector.

As the global maritime industry accelerates its transition away from fuel oil-powered vessels, Kyokuyo is committed to advancing research and development while working closely with marine equipment manufacturers and other partners. Furthermore, ahead of the International Maritime Organization’s (IMO) GHG reduction strategy, we are working toward achieving a 100% zero-emission rate for our newly built vessels by around 2035.

As a leader in the small and medium-sized shipbuilding industry, we remain dedicated to contributing to the realization of a carbon-neutral society and a more sustainable future for the global environment.

[2025/02/04]