Japan
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Asia
MOL rebrands two divisions
Mitsui OSK Lines (MOL), one of the world’s largest shipping firms, continues to rebrand divisions as part of its so…
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Americas
MOL wins Toyota Argentina contract
Mitsui OSK Lines (MOL) has won a contract to transport vehicles manufactured at Toyota Argentina to ports on West Coast…
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Asia
Kambara Kisen continues to sell bulkers
Kambara Kisen, the Japanese owners who also control Tsuneishi Shipbuilding, are in a selling mood. The line has put many…
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Asia
Tanker collision off Japan
Japanese authorities spent Sunday cleaning up a big tanker smash off Kehin Port in Kawasaki prefecture. The Eastern Phoenix was…
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Asia
Eurotankers linked with MOL VLCC buy
Eurotankers has paid Mitsui OSK Lines (MOL) $28.3m for a 13-year-old VLCC, brokers report. The Greek outfit has taken the…
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Asia
NYK, MOL and K Line all revise downwards full year forecasts
Japan’s so called Big Three shipping lines have all revised downwards their full year forecasts today reflecting the continued dire…
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Asia
Penta-Ocean orders landmark vessel at JMU
Japan’s Penta-Ocean Construction has tapped compatriot Japan Marine United (JMU) to build the first domestically made self-elevating platform-type multi-purpose hoist…
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Asia
Financing fixed for innovative new Japanese LNG carrier
An innovative new LNG ship has received financing and will be built at Imabari Shipbuilding. Japan Bank for International Cooperation…
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Asia
Sea Pioneer in for Japanese panamax
Brokers report Sea Pioneer Shipping is paying Japan’s Yamamaru Kisen just over $5m for the 12-year-old panamax bulker. The ship…
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Asia
BW Dry takes Japanese kamsarmax
Multiple broking outlets link fast expanding BW Dry Cargo as the buyer of the 81,344 dwt , the latest ship…
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Americas
MOL moves ahead with Uruguay FSRU project
A subsidiary of Mitsui OSK Lines (MOL) called Lakler has officially agreed to conclude a long-term charter contract with Gas…
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Asia
NYK revealed as seller of Great Eastern product tanker
Brokers have revealed the identity of the medium range product tanker snapped up by Great Eastern Shipping last week. The…
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Asia
NYK pleads guilty to car carrier cartel charges
Japan’s Nippon Yusen Kaisha has pleaded guilty to criminal cartel behavior at Australia’s federal court. On Friday, Splash reported the…
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Asia
Shoei Kisen offloads supramax for $7.7m
Japan’s Shoei Kisen Kaisha has sold a 10-year-old Imabari-built supramax to Bangladeshi interests for $7.7m. Meghna Group, a diverse conglomerate…
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Asia
Japanese yards on edge as orderbook dries up
A strong Yen and very limited appetite for new tonnage has pushed Japanese shipyards into a dangerous position. New orders…
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Asia
NYK hit by criminal cartel case in Australia
Japan’s Nippon Yusen Kaisha (NYK) is in trouble in Australia where the competition watchdog has launched a criminal prosection into…
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Asia
Imabari to build Japan’s first new ship testing tank since the 1970s
Imabari Shipbuilding will build the first new water testing tank in Japan for the past 40 years. Japan’s largest shipbuilder…
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Asia
World’s first ethane ship engine completed
Japan’s Mitsui Engineering & Shipbuilding has completed the world’s first ME-GIE ethane-operated two-stroke diesel engine. The engines will be for…
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Asia
K Line boosting Manila training setup
One of the biggest takers of Filipino seafarers is bolstering its training set up in Manila. Kawasaki Kisen Kaisha (K…
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Asia
PIL adds to bulker fleet with MOL capesize acquisition
Pacific International Lines (PIL), controlled by the Teo family, has dipped into the dry bulk sector to take advantage of…
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