ABS recently announced that granted an Approval in Principle (AIP) to Kawasaki Heavy Industries regarding its LPG as fuel system design. Specifically, KHI highlights that its dual-fuel engine is capable of using both marine diesel oil and LPG as fuel, while reduces fuel consumption, following the NOx Tier 3 regulations.
Japan’s Institute of Energy Economics recently issued its 2020 Energy Outlook in Japan and World, highlighting that region’s average LNG import price is set to low. Namely, the Institute estimates a drop from around $10 per million British thermal units (mBtu) in 2019 to below $9 per mBtu during 2020.
Japanese energy solutions provider Kyushu Electric Power (Kyuden) has teamed up in long term transport agreements with com-patriot shipping companies NYK and MOL to deploy the world’s first LNG-fueled large coal carriers.
Japanese MOL and its group company Ferry Sunflower Limited revealed plans to construct the first two LNG-fueled ferries in Japan. MOL plans to order the Sunflower Kurenai and the Sunflower Murasaki from Mitsubishi Shipbuilding Co., Ltd. in December.
The Japan Times reports the country’s aspiration on accelerating the switch to IMO-compliant fuel, such as natural gas fuel for its shipping fleet, and its halt on establishing a refuelling hub in Asia. Therefore, Japan is now implementing projects to construct vessels that will conduct ship-to-ship LNG operations as soon as possible.
Mitsubishi Corporation announced that November 4 is the day that Japan will celebrate 50 years of LNG imports, as Mitsubishi Corporation acting as a buyer’s agent, started receiving LNG in 1969 from the Alaska LNG Project with Phillips Petroleum, today’s ConocoPhillips as a seller.
Nippon Yusen Kaisha (NYK Group), the Japanese shipping company, has announced the delivery of a methanol carrier, Takaroa Sun, equipped with a two-stroke dual-fuel engine technology that enables the vessel to be powered by methanol.
Japan Engine Corporation (J-ENG) announced a cooperation with Japan’s National Maritime Research Institute to start the research and development in the field of combustion of carbon-free fuel, as one of solutions for decarbonization.
Reuters reports that Japanese third-largest refiner, Cosmo Oil, is building stocks of very low sulphur fuel oil (VLSFO) that can be supplied to domestic marine fuel markets from October ahead of IMO 2020 sulphur cap. Cosmo Oil produces VLSFO at its residue desulfurizer (RDS) unit at its Chiba refinery near Tokyo to build stocks.
Russian natural gas producer Novatek announced the signing of an agreement with Japanese Saibu Gas Co., Ltd. aiming to establish a joint venture focused on marketing LNG and natural gas, as well as the construction of a new LNG storage tank at the Hibiki LNG terminal.
Temperature over 20C recorded in Antarctica16/02/2020
Blue Call to Action eyes stronger global ocean governance16/02/2020
Watch: Glacier the size of Malta breaks in Antarctica15/02/2020
Maintenance of lighthouses is a challenging operation15/02/2020
Coronavirus may drop Chinese LPG demand14/02/2020
- Maritime Health
Fighting coronavirus: A Contingency Plan onboard is vital14/02/2020
ABS partners with Canadian forces to launch digital asset framework pilot14/02/2020
- Maritime Health
Novel Coronavirus – Implications for charterparties14/02/2020
- Maritime Knowledge
Why do people quit their leaders?14/02/2020
Cruise lines' cancellations due to coronavirus14/02/2020