UN Conference on Trade and Development issued maritime statistics on the world shipping fleet by flag and by country of ownership, for 2017, as well as the 2016 tonnage for ship building and scrapping. Top 5 ship owners are Greece, Japan, China, Germany and Singapore and together they have a market share of 49.5% of dwt.
MOL, NYK and K Line announced that the joint venture planned has received all necessary approvals for compliance with local competition laws, confirming that there is no impact on the three companies’ integration plans for the new container shipping business. The service commencement date for the new company is likewise unchanged from 1 April 2018.
Mitsubishi Heavy Industries announced that it has reached a basic agreement with Oshima Shipbuilding, towards the formation of an alliance in the commercial ship business. The companies will seek business synergy and target sustainable growth, in order to strengthen business competitiveness in the global market, while also respecting mutual independence.
Kawasaki Kisen Kaisha, Mitsui O.S.K. Lines, and Nippon Yusen Kabushiki Kaisha have announced that their new joint venture, which will integrate the three companies’ container shipping businesses, will operate under the tradename “Ocean Network Express.”
NYK Lines announced that, on April 14th, a new coal carrier, “Isuzu Maru”, was delivered at Oshima Shipbuilding, that will be operated by NYK Bulkship (Asia), an NYK group company located in Singapore, for the transport of coal for JERA Trading Singapore.
Mitsubishi Heavy Industries announced that has reached basic agreements with Imabari Shipbuilding, Namura Shipbuilding and Oshima Shipbuilding, in the wake of ongoing discussions on creating alliances in the commercial ship business. The agreements are targeted at strengthening the competitiveness of all alliance partners in the global market.
Competition Commission of Singapore announced that the creation of the Joint Venture, proposed by Nippon Yusen Kabushiki Kaisha Ltd., Mitsui O.S.K. Lines Ltd. and Kawasaki Kisen Kaisha Ltd, on October 2016, will not infringe the prohibition in the Act against anti-competitive mergers.
IMO announced that a feasibility study to look into the possible expansion of the Northeast Asia Logistics Information Service Network (NEAL-NET) was undertaken in Cambodia, as part of a project co-funded by IMO and China. The envisaged expansion of NEAL-NET is expected to support the implementation of the revised Facilitation Convention, by 8 April 2019.
K Line has established its Cargo Handling Service Joint Venture “Nitto Baxi Private Limited” in India with Nitto Total Logistics Ltd. group company.
APL has stepped in to support Japanese growers and exporters in the exploration of overseas markets for their fresh produce. Through its range of SMART reefer solutions and well-diversified global network, APL is committed to offering an optimal and cost-effective transportation that not only preserves the quality of delicate produce but also enables market accessibility.
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- Women in shipping
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