Tag: Japan

MOL announced that it is going to participate in the "consortium to develop trade data sharing platform using blockchain technology", Japan's first initiative on using blockchain technology on trade-related operations, to reduce administrative burdens.

To promote LNG bunkering in Asia, MPA and MLIT will helm a working group to conduct a feasibility study on LNG bunkering for car carriers plying between Japan and Singapore. The working group will include Japan’s big three shippers, K Line, NYK and MOL.

Japanese “K”Line Group informed that it has begun implementation of "DRIVE GREEN NETWORK", its recently established environmental management system. DGN targets to strengthen environmental management, set environmental policies and improve environmental conservation activities through the PDCA cycle.

Wärtsilä informed that it has been contracted to supply the exhaust gas cleaning systems for two new 56,000 DWT Handymax bulk carriers, to be delivered to NYK. This is Wärtsilä's first supply order of this equipment from any Japanese company. 

​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.

SEA\LNG coalition, aiming to promote LNG as a marine fuel, announced Yokohama-Kawasaki International Port Corporation as its latest member. YKIP is the second Japanese organisation to join the SEA\LNG coalition, following the recently announced addition of Marubeni Corporation. This brings the latest membership tally to 26.

SEA\LNG coalition, aiming to promote LNG as a marine fuel, announced Yokohama-Kawasaki International Port Corporation as its latest member. YKIP is the second Japanese organisation to join the SEA\LNG coalition, following the recently announced addition of Marubeni Corporation. This brings the latest membership tally to 26.

Japanese K Line announced that its “DRIVE GREEN HIGHWAY,” a 7,500RT large-scale car carrier won the award of “Ship of the Year 2016” by the Japan Society of Naval Architects and Ocean Engineers, on July 7. The ship is equipped with technologies that contribute to reduction of air pollutant emissions.

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.

K' Line, Sumitomo Corporation, JGC Corporation, and Development Bank of Japan have agreed in principle to participate in the owning and chartering business for oil and gas floating production, storage and offloading run by the Malaysian offshore production services provider, Yinson Holdings Berhad and its group of companies.