Tag: K Line

From South Korea to the Philippines and Indonesia Kawasaki Kisen Kaisha (K Line) has added a new weekly service called Jaseco-K from South Korea to the Philippines and Indonesia.The Japanese line announced on Tuesday the expansion of the direct service coverage to/from Korea for its customers in the region.The first vessel City of Shanghai will depart Xingang port on 7 November.The weekly port rotation is Xingang, Pyeongtaek, Busan, Manila, Singapore, Jakarta, Manila, Busan, Incheon and back to Xingang.Source: Seatrade Asia

New design features relatively small LNG tanks Japanese shipbuilder IHI Corp has been reported as saying that it has developed a low-emission containership using either LNG or standard bunker fuel.According to a Nikkei report IHI has develop proprietary technology to overcome what has widely been seen as drawback to LNG power for merchant vessels. It appears the IHI design features relatively small LNG tanks, thus reducing the encroachment on carrying capacity. IHI says that while burning LNG the vessel produces no sulphur oxides and emits 80% less nitrogen oxides than a comparable vessel using heavy oil.Kawasaki Heavy Industries and K Line are developing vessels that use LNG as fuel, the report notes. IHI's marketing strategy is to overcome worries about high initial cost by focusing on the lower operating costs when using LNG.Source: World Bunkering

Increasing international interest in Vietnam's port sector The Japanese government, investors, contractors, and shipping lines are all looking to get involved in the Vietnamese ports and shipping sector, said the London-based Business Monitor International's (BMI) Vietnam freight transport report for 2011's third quarter, according to Vietnam News Briefs Service.Japanese interest in Vietnam's ports and shipping industry was surging, BMI noted, cited Kobe Steel as saying it will build its own US$244 million to $365 million port in Vietnam to secure iron nugget supplies.Mitsui OSK Lines (MOL) will deploy Europe-bound container vessels for the first time that will have a handling capacity of 6,500 TEUs. MOL will operate 10 such vessels through Vietnam on a weekly basis.Besides, Nippon Yusen Kabushiki Kaisha (NYK) was to launch freight services between Southeast Asian countries in association with state-run Vietnam National Shipping Lines (Vinalines).Kawasaki Kisen Kaisha ("K'' Line) along with a Vietnamese logistics firm will establish a joint venture in Hanoi to operate an international freight forwarding business by sea and air. The venture was also considering establishing a branch in Ho Chi Minh City.Meanwhile, Japan International Cooperation Agency was funding the bulk of the US$1.7 billion to Lach Huyen's new port project in the ...