Japanese steelmaker JFE Steel Corporation has announced that it is collaborating with several Japanese shipping companies for the supply of green steel products under the brand JGreeX™ for the construction of large cargo ships that will be built in the country.
The collaboration, which includes NYK Bulk & Projects Carriers, MOL Drybulk, Toko Kaiun Kaisha, Kawasaki Kisen Kaisha, Kawasaki Kinkai Kisen Kaisha, Daiichi Chuo Kisen Kaisha, Daiichi Chuo Kinkai Kaisha, and Eastern Car Liner, will help to reduce carbon emissions in global shipping.
In addition, in the current fiscal year ending in March 2024, JFE Steel plans to deliver 14,000 mt of JGreeX™ products to two shipbuilders, Onomichi Dockyard and Higaki Shipbuilding, to be used in in four vessels.