The energy-saving hull fitting MT-FAST jointly developed by TSUNEISHI SHIPBUILDING Co., Ltd. (HQ: 1083 Tsuneishi, Numakuma-cho, Fukuyama, Hiroshima, Japan; President: Kenji Kawano) and MTI Co., Ltd. （HQ: 3-2, Marunouchi 2 Chome, Chiyoda-Ku, Tokyo, Japan; President: Yasuo Tanaka; hereafter: MTI）of the NYK Group received the 2018 Minister of the Environment Award for Global Warming Prevention Activity (Technological Development and Commercialization Category).* The awards ceremony on December 3 was attended by TSUNEISHI SHIPBUILDING (TS) President Kenji Kawano, NYK Senior Managing Corporate Officer Hidetoshi Maruyama, and MTI President Yasuo Tanaka.

MT-FAST is an energy-saving hull fitting that attaches multiple fins in front of the propeller to collect the lost energy from its rotational flow, significantly reducing fuel use by 3 to 5%. It can be fitted on both newly-built and existing ships and has been installed on over 500 bulk/container carriers and tankers since its development in 2008, resulting in a reduction of approximately 1.34 million tons of CO2 emissions over the past decade. The award was in recognition of this achievement.

The three companies will continue to engage in solving environmental issues with the entire maritime industry by promoting installation of this energy-saving device and by developing new technologies that will contribute to reducing environmental burdens.

* Minister of the Environment Award for Global Warming Prevention Activity: http://www.env.go.jp/earth/ondanka/min_award/index.html
This award was established in 1998 by Japan’s Ministry of the Environment and is presented every year in December, which is Global Warming Prevention Month, to recognize individuals and groups that have made remarkable achievements in preventing global warming. This is the first time that TSUNEISHI SHIPBUILDING Co., Ltd. has received the award.

Released on August 1, 2018:
Installations of MT-FAST, the energy-saving hull fitting, pass the 500-ship mark
—Jointly developed with MTI Co., Ltd. of the NYK Group—
https://www.tsuneishi-g.jp/news/press/2018/08/23560

Released on February 13, 2008:
Announcing development of “MT-FAST,” a new fuel and energy saving fitting that will be mounted on a chip carrier built at Tsuneishi factory. Operation starts in June.
https://www.tsuneishi-g.jp/news/press/2008/02/11580

■About MTI (Monohakobi Technology Institute) Co., Ltd.
MTI is engaged in technology research and development for the NYK Line Group in all logistics technology fields including ship operation, safety, environment, and energy conservation, and provides optimum solutions that meet objectives, including the reduction of environmental burdens.

■ About TSUNEISHI SHIPBUILDING Co., Ltd.
Marking its 100th anniversary in 2017, TSUNEISHI SHIPBUILDING (Fukuyama, Hiroshima, Japan) is the anchor company of the TSUNEISHI Group, which mainly engages in shipbuilding and maritime transport. With manufacturing bases in Japan (Tsuneishi Factory, the HQ) and three overseas factories in the Philippines, China, and Paraguay, the company builds container carriers, tankers, cruise ship, 30,000-tonne to 180,000-tonne class bulk carriers, and other ships.

URL: http://www.tsuneishi.co.jp/
President: Kenji Kawano
Field of Business: Shipbuilding, ship repair
Established: July 1917
Capital: 100 million yen
Employees: 880 (as of December 2017)
Business Locations: Tsuneishi Factory (Fukuyama, Hiroshima, Japan)
Shipbuilding Affiliates:
TSUNEISHI HEAVY INDUSTRIES (CEBU), Inc. (Cebu Island, Philippines)
http://www.thici.com/
TSUNEISHI GROUP (ZHOUSHAN) SHIPBUILDING, Inc. (Zhejiang Province, China)
http://www.tsuneishi-zs.com/
ASTILLERO TSUNEISHI PARAGUAY S.A. (Villeta, Central, Paraguay) http://www.glocal-japan.com/southamerica/
MIHO SHIPYARD CO., LTD.
http://www.mihozosen.co.jp/
TSUNEISHI IRON WORKS Co., Ltd. (Fukuyama, Hiroshima, Japan)
http://www.tsuneishi-iw.jp/
TSUNEISHI TRADING Co., Ltd. (Fukuyama, Hiroshima, Japan)
http://www.tsuneishi-trading.co.jp/
TSUNEISHI ENGINEERING Co., Ltd. (Fukuyama, Hiroshima, Japan)
http://www.tsune-e.com/

For further information, please contact:
Marketing & Communication Dept.,
TSUNEISHI HOLDINGS CORPORATION
+81-84-987-4915
pr@tsuneishi.com