Japan
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Gas
MOL taps local yards to develop ammonia-powered gas carrier
Japan’s Mitsui OSK Lines (MOL), Tsuneishi Shipbuilding and Mitsui E&S Shipbuilding have launched a joint project aimed at developing and…
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Gas
Kumiai Navigation signs up for LPG-fuelled VLGC at Kawasaki Heavy
Singapore-based Kumiai Navigation has ordered a liquefied petroleum gas (LPG)-fuelled 86,700 cu m very large gas carrier (VLGC) at Japanese…
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Containers
Boxship newbuild prices break records
Japanese owners are paying record sums for the latest megamax containerships, further evidence of today’s sky-high charter environment and the…
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Gas
Mitsubishi Shipbuilding advances ammonia-ready VLGC concept design
Japan’s Mitsubishi Shipbuilding has completed the conceptual design of an ammonia-ready very large gas carrier (VLGC) initially powered by liquefied…
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Gas
Mitsubishi Shipbuilding develops spherical tank for liquefied CO2 carriers
Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries (MHI), has developed a new spherical cargo tank system for liquefied CO2 (LCO2)…
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Asia
ONE signs for 10 newbuilds
Japan’s Ocean Network Express (ONE) has signed shipbuilding contracts with both Hyundai Heavy Industries and Nihon Shipyard to construct five…
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Operations
Leaders of Quad nations unveil security initiative to track dark ships in Indo-Pacific
The leaders of the Quad nations—Australia, India, Japan, and the United States—on Tuesday unveiled a maritime security initiative that will…
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Finance and Insurance
Japanese power transfer ship developer seals $32m funding
Japanese power transfer vessel developer PowerX has raised ¥4.1bn ($32.5m) to fund its project to carry electricity from offshore wind…
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Environment
MOL joins carbon removal scheme
Japan’s Mitsui OSK Lines (MOL) is among five founding buyers of credits from a facility established by a Swiss carbon…
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Dry Cargo
Enviva signs up for multi-sail bulk carrier project with MOL
New York-listed wood chip producer Enviva has signed up for a sail-assisted bulk carrier to be ordered by Mitsui OSK Lines…
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Bunkering
GoodFuels and Itochu partner in Asia
European biofuel producer GoodFuels has teamed with Japanese trading house Itochu to scale sustainable marine biofuel in Singapore, Japan, and…
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Renewables
MOL signs up for more Dutch floating wind tech
Mitsui OSK Lines (MOL) has teamed up with another Dutch floating wind technology developer. The Japanese shipping giant has penned…
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Dry Cargo
Taiwan Navigation orders bulker pair at Namura
Taiwan Navigation has returned to Japan to a familiar yard for its latest fleet expansion. Brokers indicate the Taiwanese company…
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Bunkering
K Line and MPA come onboard Singapore’s big ammonia push
Japanese shipping major Kawasaki Kisen Kaisha (K Line) and the Maritime and Port Authority of Singapore (MPA) have joined a…
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Renewables
BW Ideol unveils floater scheme off Japan
BW Ideol has penned a formal agreement with Japanese utility Tohoku Electric Power and initiated the feasibility studies necessary to…
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Environment
Pacific Basin teams with Japanese duo for zero-emission ships
Hong Kong-based dry bulk shipping giant Pacific Basin has joined forces with Japan’s Nihon Shipyard and trading house Mitsui &…
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Bunkering
Hydrogen bunkering player Hyon partners with Mitsui
Norwegian hydrogen bunkering firm Hyon has teamed up with Japanese trading house Mitsui & Co setting the stage for what…
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Dry Cargo
Globus Maritime expands with debut ultramax order in Japan
Nasdaq-listed Greek dry bulk owner Globus Maritime has penned a contract with Nihon Shipyard, a joint venture between Japan’s two…
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Asia
K Line shifts tanker management to Singapore
Japanese shipping major Kawasaki Kisen Kaisha (K Line) has decided to relocate its tanker management operations from Tokyo to Singapore.…
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Asia
MOL orders four more LNG-powered car carriers
Japan’s Mitsui OSK Lines (MOL) has revealed it has ordered four more LNG-powered car carriers at two local yards. Nihon…
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