Japan
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Asia
SR Shipping resurfaces with supra swoop
One of South Asia’s most prolific buyers in 2016, Bangladesh’s SR Shipping has added its first ship in years. Staying…
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Asia
Modec confirmed as buyer of Euronav VLCC
Japanese FPSO operator Modec has been confirmed to be the buyer of Euronav’s 2005-built VLCC . Euronav announced the sale…
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Asia
MOL and Cosco seek further joint venture gas shipping projects
Japan’s largest shipping line has firmed ties with China’s biggest maritime conglomerate. Mitsui OSK Lines (MOL) and Cosco Shipping Energy…
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Asia
MOL joins Asahi Tanker on the electric vessel circuit
Four Japanese companies are joining forces to develop and promote the infrastructure necessary to drive the use of electrically powered…
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Asia
MOL commits to synthetic methane in bid to move towards zero-emissions fleet
Mitsui OSK Lines (MOL), one of the largest shipowners in the world, is championing synthetic methane as a route to…
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Asia
K Line debuts new ore carrier design
Japan’s Kawasaki Kisen Kaisha (K Line) and compatriot Namura Shipbuilding have received a joint approval in principle for the concept…
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Asia
K Line hit with record $23.5m Australian fine in latest car carrier cartel criminal investigation
Japanese shipping company Kawasaki Kisen Kaisha Ltd (K Line) has been convicted of criminal cartel conduct and ordered by the…
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Asia
Union Maritime MR2 buy sees Chiba Shipping exit tankers
UK-based shipowner Union Maritime has acquired 2010-built Japanese MR2 tanker , according to brokers. According to Seasure Shipbroking and Advanced…
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Middle East
Japan Drilling Company jackup pair extended off Qatar
Japan Drilling Company jackup rig pair Hakuryu 10 and Hakuryu 12 have both been awarded one-year extensions by North Oil…
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Asia
NYK develops crew pay platform
Nippon Yusen Kaisha (NYK) has formed a joint venture with Philippines-based conglomerate Transnational Diversified Group to launch an electronic money…
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Europe
Gianluigi Aponte bets on ONE and Hapag-Lloyd merger
At the first annual meeting of the newly born Italian shipowner association, Assarmatori, the executive chairman of Mediterranean Shipping Company…
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Asia
More modern cape tonnage put up for sale
More modern cape tonnage from this decade is finally being circulated for sale. After a four-month hiatus, the first cape…
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Asia
Japan mulls changing its constitution in order to protect oil supplies through Hormuz
Japanese politicians spent Sunday debating whether the country’s Self-Defense Forces (SDF) troops should take part in a US-proposed coalition to…
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Asia
Japanese VLCC contract win highlights India’s weak tanker fleet
India’s limited VLCC fleet has been exposed with the latest chartering news from Indian Oil Corporation (IOC). IOC selected Japan’s…
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Europe
Spring Marine grows panamax bulker fleet to four
Greek owner Spring Marine has added a panamax bulker to its fleet, according to brokers, growing its fleet of Japanese…
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Europe
Samos Steamship snaps up Nissen Kaiun capesize for $26.2m
Greek owner Samos Steamship has acquired 2011-built capesize bulker according to brokers. The Athens-based owner, which has a history dating…
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Asia
NYK orders energy-saving bulker at JMU for long-term JFE Steel charter
Japanese owner NYK has placed an order at Japan Marine United for the construction of a capesize bulker with delivery…
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Greater China
China on track to overtake Japan this year as the world’s top importer of LNG
China is on track to overtake Japan this year as the world’s top importer of LNG, according to a new…
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Asia
Nissen Kaiun takes 10 of Tsuneishi’s new handymaxes
Clarkson Research has identified Nissen Kaiun as the mystery owner to have ordered ten 42,000 dwt log-fitted handymax bulkers, split…
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Europe
Hapag-Lloyd and ONE sign up to TradeLens
Hapag-Lloyd and Ocean Network Express (ONE) have signed up to TradeLens, the blockchain platform created by Maersk and IBM, bringing…
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