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11 shipping companies participate in US emissions reduction program

Shipping companies, including CMA CGM, Evergreen, Hapag Lloyd and Maersk, managed to reduce speeds to 12 knots or less in two regions, in the San Francisco Bay Area and the Santa Barbara Channel region from Jul to Nov 2017, as part of the Vessel Speed Reduction incentive program.

Four car carriers fined over breach of EU antitrust rules

The European Commission found that the Chilean CSAV, the Japanese K Line, MOL and NYK, and the Norwegian-Swedish WWL-EUKOR participated in a cartel concerning intercontinental maritime transport of vehicles, and imposed a total fine of €395 million. All companies acknowledged their involvement in the cartels and agreed to settle the cases.

NYK launches tool to detect ship engine problems

In collaboration with MTI Corporation, Nippon Yusen Kabushiki Kaisha developed the diagnostic tool “Kirari MUSE” that collects the operating sound of ships’ engine equipment in an effort to utilize big data. Kirari MUSE visualizes the sound of the engine and it diagnoses the condition.

Top 10 shipping lines dominate deep-sea market

Currently 67 shipping lines operate fully cellular containerships in the container shipping industry. However, more than 87% of fleet capacity is controlled by only 10 of them, representing just fewer than 7% of the total lines.

Japanese partners test next-generation IoT platform

NYK Line, MTI Co. Ltd., Nippon Telegraph and Telephone Corporation, and NTT DATA Corporation have successfully conducted a proof-of-concept experiment for a next-generation onboard IoT platform. The test was held aboard ‘Hidaka’, a domestic coastal vessel owned and operated by Kinkai Yusen Kaisha Ltd. of NYK Group.

ONE to start taking bookings from February

ONE is a joint venture formed by K Line, MOL, and NYK, who informed that they will begin its business operations on April 1, 2018. Once ONE’s business operations starts, there will be up to four companies, namely ONE, K Line, MOL, and NYK operating on the same service in the same time during the transitional period until three pre-existing lines completely stop operating vessels. 

NYK inks LNG carrier charter deal with EDF LNG Shipping

On January 26, Japanese NYK Line signed a contract with EDF LNG Shipping Ltd., a subsidiary of Electricité de France, one of the largest electricity companies in the world, to charter out a newly built LNG carrier for seven years. The agreement includes optional extension periods for up to 13 additional years.

Japanese quartet discuss LNG supply business

K Line, Chubu Electric Power Co., Inc., Toyota Tsusho Corporation and NYK Line announced they have begun joint discussions on the commercialization of a new business to supply LNG as a marine fuel to ships in the Chubu, the central region of Japan.

Wind turbines to be installed in Port of Zeebrugge

The installation of the 11 wind turbines will be done in cooperation with the Port of Zeebrugge and Engie Electrabel, a local electricity and gas supplier, and the turbines are expected to start operations in 2019.

Japanese merger “turning point” for container shipping

The business integration of the three major Japanese container shipping companies, K Line, MOL and NYK, is expected in April of this year, marking a new beginning in the global supply chain. Ocean Network Express, aims to provide more competitive services, responding to the imbalance of supply and demand in the container shipping industry.

Alerts Casualties Loss Prevention Maritime Health Regulation Safety Seafarers Security
ferry collides with buoy
Ferry with 600 passengers collides with buoy off Japan
vessel sinks on mississippi river
Towing vessel sinks on Mississippi River
maersk fire
Fire erupts on another Maersk container ship
Arctic Ballast Emissions Fuels Green Shipping Pollution Ship Recycling Technology
first vlcc with scrubbers
First VLCC with scrubbers built
polar expedition cruise ship
China to get its first polar expedition cruise ship
new shipping routes in bering sea
New shipping routes in the Bering Sea and Bering Strait
Connectivity Cyber Security E-navigation Energy Efficiency Maritime Software Smart
blockchain in shipping
Shipping cryptocurrency sees first transaction
blockchain in logistics
Blockchain to revolutionize ocean shipping
e-freight documents
IUMI: EU consultation on e-freight documents needs improvement
CIC Detentions PSC Focus Vetting
safety of navigation cic
Tokyo MoU presents preliminary results of Safety of Navigation CIC
requirements for vessels
Requirements for vessels calling in Australia, China, Europe & USA
ship refuge
Indian MoU issues preliminary results of Safety of Navigation CIC
CSR Shipping Sustainability
MedCruise: Bigger ships an important factor in cruise calls decline
panama canal
Panama Canal sings soybean and corn deal
Career Paths: Frank Coles, Transas
Finance Fishery Infographic Maritime Knowledge Offshore Ports Shipbuilding Short Sea Yachting
wartsila acquires transas
Wärtsilä acquires Transas
maersk product tankers
EU clears Maersk Product Tankers acquisition
saudi arabia shipyard
Construction starts at Saudi Arabia’s new maritime yard