Japan
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Operations
Gram Car Carriers refinances 2015-built vessel with $41m loan
Norway’s Gram Car Carriers has agreed to refinance the 6,700 ceu with a leading Japanese bank at competitive terms. The…
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Dry Cargo
Sanko sells last ship
One of the most famous names in Japanese shipowning history, Sanko Steamship, has let go of its last ship. The…
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Containers
Yang Ming, HMM and ONE urged to collaborate with MSC
Business consultants at AlixPartners have suggested the remaining members of THE Alliance should attempt to form a vessel sharing agreement…
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Finance and Insurance
MOL and Allianz take Volkswagen to court over sinking of Felicity Ace car carrier
The shipowner of the Felicity Ace and its insurer have filed separate lawsuits in Germany against Volkswagen over the blaze…
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Offshore
Inpex taps Fugro for Abadi LNG marine survey deal
Japanese oil and gas major Inpex has awarded Fugro a marine survey contract for the Abadi liquefied natural gas (LNG)…
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Gas
MOL seals charter for Korean LNG newbuild
Mitsui OSK Lines (MOL) has signed a long-term charter contract for a newbuilding LNG carrier with Tokyo LNG Tanker (TLT),…
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Operations
NYK unveils how it plans to get its car carriers to comply with new Californian emissions rules
A giant black pipe will be inserted into the funnels of Nippon Yusen Kaisha (NYK) car carriers calling at ports…
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Ports and Logistics
NYK acquires UK logistics company
Japan’s Nippon Yusen Kaisha (NYK) has bought Noel Topco, a UK-based holding company of 10 companies, including Global Freight Solutions…
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Europe
China, Japan and Greece in a league of their own in latest shipowning charts
Which nation has the world’s most valuable commercial fleet? Two of shipping’s best-known data providers cannot agree. VesselsValue yesterday unveiled…
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Renewables
James Fisher forges offshore wind pact in Japan
UK marine service provider James Fisher and Sons has joined forces with Tokyo Gas Engineering Solutions to provide construction and…
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Asia
Sanko Steamship set to exit shipping as last vessel put up for sale
One of the most famous names in Japanese shipowning history is readying to cease operations. Sanko Steamship has put its…
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Offshore
JERA buys 15.1% stake in Scarborough gas field for $1.4bn
Japan’s largest utility JERA has entered into an agreement with Australia’s Woodside to acquire a participation interest in the Scarborough…
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Renewables
NYK goes to domestic yard for latest CTV newbuild
Nippon Yusen Kaisha (NYK) has contracted Kosaba Shipbuilding for a crew transfer vessel newbuild, the first CTV order the Japanese…
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Asia
Orix in $2bn deal to take over Osaka’s largest shipowner
Japanese financial services company Orix Corporation has bought Osaka’s largest shipowner, Santoku Senpaku, in a deal valued at $2bn. The…
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Containers
Liner bosses discuss potential for nuclear
The heads of two of the world’s largest containerlines have discussed how they see the role of nuclear power in…
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Operations
K Line buys French kite manufacturer
The biggest client of a ship kite system originally developed by Airbus has become such a fan that it has…
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Environment
MOL completes carbon insetting pilot from net zero voyage
Japan’s Mitsui O.S.K. Lines (MOL) has completed an insetting pilot with 123Carbon by tokenising the GHG emission reductions from the…
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Shipyards
Sumitomo Heavy exits commercial shipbuilding
Japanese shipyard Sumitomo Heavy Industries Marine & Engineering has decided to stop taking new orders for commercial vessels. The yard…
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Gas
Top names in shipbuilding, energy and shipowning join forces to develop liquefied hydrogen carriers
The nascent seaborne liquefied hydrogen trades have received a big boost with Japan’s largest shipowner teaming with South Korea’s largest…
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Tankers
Stena Bulk charters in MR tanker newbuild quartet
Swedish shipowner Stena Bulk has expanded its fleet with long-term charter agreements for four eco medium range (MR) tanker newbuilds.…
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