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| NYK recently launched a Tsunami Alert System which sends
tsunami warnings to group vessels. The new system uses the
company’s existing NYK e-missions’¹ system to send tsunami
warnings issued by the Japan Meteorological Agency and other
weather service providers by e-mail to group vessels. The system
should enable the company to identify and communicate with
threatened vessels and to work out the best course of action using
the Tsunami-Response Guidelines drawn up by the company last |
year. As well as warnings issued for Japanese coastal regions, the
Tsunami Alert System will use warnings released by the Pacific
Tsunami Warning Center
and West Coast and
Alaska Tsunami Warning
Center, thus covering
the entire routes used
by NYK Group vessels.
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Tsunami alert system on NYK e-missions’ |
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| Bank of Tokyo-Mitsubishi UFJ’s U.S. subsidiary, Union Bank N.A.
added current saving accounts and on-line services in Chinese yuan
(renminbi) in February 2013. To accommodate customer hedging
needs against the risk of an appreciation in renminbi, Union Bank
began offering renminbi remittance and currency exchange forward
booking services in June 2011. And with the start in 2012 of time
deposits to meet customer renminbi investment management
needs, the bank has steadily expanded its portfolio of renminbi based
products. Now with the addition of renminbi current accounts
and on-line transactions this year, Union Bank offers a full lineup of
renminbi related services. |
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Staff in the Global Capital Markets Division at Union Bank
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Mitsubishi Gas Chemical and Mitsubishi Corporation have
started a feasibility study for the manufacture of methanol and
dimethyl ether¹ from natural gas fields in Trinidad and Tobago in
the Caribbean. The two Japanese companies, the Government
of Trinidad and Tobago and local partner, Neal & Massy Holdings
Limited, signed an agreement for the project in April this year. The
partners are aiming to reach a final investment decision during the
course of this fiscal year, with commercial operations scheduled to
start in fiscal year 2016. The project is expected to produce¹ million
tons of methanol and 100 thousand tons of dimethyl ether annually.
Mitsubishi Gas Chemical Dimethyl Ether
Plant in Niigata, Japan |
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Mitsubishi Heavy Industries (MHI) recently concluded an
agreement with Indian state-owned Bharat Heavy Electricals Ltd.
(BHEL), under which MHI will license its flue-gas desulfurization
technologies to BHEL. India’s largest heavy electricals manufacturer,
BHEL has 14 factories throughout the country. The licensing
agreement covers MHI’s EPC (engineering, procurement and
construction) technologies for limestone/gypsum-based and
seawater-based flue-gas desulfurization
systems for coal-fired boilers used in
power generation applications and for
industrial boilers. The agreement marks
the first time a Japanese company
will provide flue-gas desulfurization
technologies to a licensee in India.
The country’s air pollution problems
are becoming increasingly serious and
as the nation moves
toward tightening
environmental
regulations, demand for
flue-gas desulfurization
equipment is expected
to expand.
A flue-gas desulfurization plant removes
from flue gas the sulfur dioxide (SO2)
produced when fossil-fuel is burnt. MHI’s
technology boasts superior SO2 absorption
performance. |
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