NYK to issue sixth transition bonds in mid-June to fund LNG-fuelled vessels

Japanese shipping firm NYK on Monday (25 May) said it plans to issue transition bonds in mid-June 2026, with detailed issuance conditions to be announced at a later date. 

This marked NYK’s sixth issuance of such bonds. The rransition bonds are designed to facilitate the transition to a low-carbon society. 

The funds raised will be allocated to projects aligned with the company’s medium-term management plan to promote the conversion to alternative marine fuels to maximise greenhouse gas emissions reduction by 2050. These projects emphasise long-term transition strategies that contribute to decarbonisation, including investments in LNG-fuelled vessels.

Since issuing the shipping industry’s first green bonds in 2018 and subsequently Japan’s first transition bonds in 2021, we have been at the forefront of sustainable finance. 

Through the issuance of these transition bonds, NYK aims to accelerate our growth strategy anchored in sustainable management and further enhance recognition among a broad range of stakeholders.

Photo credit: NYK
Published: 26 May, 2026