Japan
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Asia
NYK secures Unipec LNG charter
Japanese shipping major Nippon Yusen Kaisha (NYK) has fixed a four and a half year time charter deal for one…
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Asia
MOL boss admits ONE’s first year has been ‘shocking’
The CEO and president of Mitsui OSK Lines (MOL) has branded his new co-owned containerline’s financial results “shocking” and vowed…
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Asia
Japan files official complaint with the WTO over Korean yard subsidies
Japan has officially launched a complaint at the World Trade Organization (WTO) over Seoul’s state funding of local shipbuilders after…
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Asia
K Line sets out to become the world’s top capesize operator
Japan’s Kawasaki Kisen Kaisha (K Line) has set out to become the world’s largest capesize operator, in the process reducing…
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Asia
Mitsubishi to fold Diamond Star Shipping in Singapore
Japanese trading house giant Mitsubishi Corporation will fold its Singapore-based, 2011-founded dry bulk subsidiary Diamond Star Shipping into a newly…
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Europe
German yards support Japan’s WTO threat to Korean builders
German shipbuilders have come out in support of Japan’s attack on South Korea’s decision to subsidise its shipyards. Japan is…
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Asia
Japan ready to take Korean yard subsidies issue to the WTO
Japan is readying once again to go to the World Trade Organization (WTO) over what it sees as South Korea’s…
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Europe
Aframax tanker pool launched
Reederei Nord and Singapore’s Synergy Group, on behalf of Japan’s Nissen Kaiun, have officially launched N2Tankers, a new aframax tanker…
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Asia
Sanko exiting the cape sector
Japan’s Sanko Steamship is exiting the cape sector. Broker sources tell Splash that the one time shipping powerhouse has started…
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Tankers
Pertamina in for three NYK tankers
Nippon Yusen Kaisha (NYK) has been pruning its MR tanker fleet. Brokers report Indonesian energy giant Pertamina has come in…
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Asia
CMA CGM the big winner from ONE’s transpacific fall
According to the latest eastbound transpacific liftings data analysed by Alphaliner, ONE, the new Japanese merged container liner, lost a…
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Asia
Japanese owners pile in for LPG carriers
Japanese owners Iino Kaiun Kaisha, Tabuchi Kaiun and Komaya Shipping have ordered a total of five small scale LPG carriers…
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Asia
ONE set for singularly awful first year with $600m loss
Carrier consolidation can prove tricky as evidenced today with news of a massive revision of projected earnings from Japan’s Ocean…
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Asia
MOL focuses on next chapter in its smart ship voyage
Japanese shipping major Mitsui OSK Lines (MOL) is teaming up with compatriots Mitsui E&S Shipbuilding and Weathernews to launch its…
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Asia
ONE and Hapag-Lloyd join forces on feeder trades
Two members of container grouping THE Alliance are joining forces for feeder operations in Asia and Europe. Japan’s Ocean Network…
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Greater China
Yangzijiang Shipbuilding establishes another jv with Mitsui
Chinese major private shipyard Yangzijiang Shipbuilding has entered into a joint venture agreement with Japan’s Mitsui E&S Shipbuilding to establish…
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Asia
Nissen Kaiun contracts four boxships at Tsuneishi Zhoushan
Japan’s Nissen Kaiun has gone to China for a series of boxship orders. No price has been revealed for the…
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Asia
NYK LNG carrier fetches highest demo rate of the year
Demo prices are achieving new highs with one old gas carrier managing to notch a very strong $551 per ldt.…
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Asia
NYK seals Total charter for LNG newbuild
NYK has signed a contract with Total to charter out a newbuild LNG carrier for seven years with an option…
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Asia
Mitsubishi fleet sales gathers pace
The 83-ship bulker mammoth from Japan, Mitsubishi Corporation, is offloading ships at pace with Splash understanding three have been sold…
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