K Line and NYK team up to offer LNG bunkering in central Japan

K Line and NYK team up to offer LNG bunkering in central Japan

Kawasaki Kisen Kaisha (K Line), Nippon Yusen Kaisha (NYK), Chubu Electric Power and Toyota Tsusho Corporation have joined forces to launch an LNG bunkering business in Japan.

The four companies have established two joint ventures to run gas bunkering in the central Japan area, including the joint ownership of LNG bunkering barges.

The International Transport Forum (ITF), which is part of the OECD, last month issued a 38-page report looking at Japanese LNG bunkering potential. The report urged local authorities to invest more in developing LNG bunkering solutions amid growing competition in Asia for the new ship fuel.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

Related Posts