Japanese owner and operator Idemitsu Tanker has contracted to build two methanol dual-fuel VLCCs. The 339.5 m long, 309,400 dwt vessels are developed together with Japanese shipping lines Nippon Yusen Kaisha (NYK), Iino Kaiun Kaisha (Iino Lines) and Nihon Shipyard (NSY), a joint venture between...
https://splash247.com/idemitsu-tanker-orders-methanol-dual-fuel-vlcc-pair/
Dockyard de Hyundai Mipo El armador de bajo perfil, Nissen Kaiun, ha regresado al Dockyard HD Hyundai Mipo en Ulsan para un par de portadores de LPR. Múltiples fuentes de construcción nueva han enumerado el mamut de envío japonés con dos unidades de 45,000 cu m reservadas a $ 73.5 millones cada una...
https://fullavantenews.com/nissen-kaiun-para-hd-hyundai-mipo-lpg-brace/?lang=es
Low-profile shipowner Nissen Kaiun has returned to HD Hyundai Mipo Dockyard in Ulsan for a pair of LPR carriers. Multiple newbuilding sources have listed the Japanese shipping mammoth with two 45,000 cu m units booked at $73.5m each for delivery in 2027. The owner of more than 200 ships, of which...
https://splash247.com/nissen-kaiun-in-for-hd-hyundai-mipo-lpg-brace/
The U.S. Navy’s expeditionary mobile base USS Miguel Keith (ESB-5) has completed a groundbreaking five-month Regular Overhaul (ROH) at Mitsubishi Heavy Industries (MHI) in Yokohama, Japan. The $12 million maintenance…
https://gcaptain.com/uss-miguel-keith-completes-historic-overhaul-at-japanese-shipyard/
On May 1, the Bank of Japan revised its growth forecast for the upcoming year, slashing it to 0.5% from a previous estimate of 1.1%, as reported by the New York Times. Kazuo Ueda, the bank’s governor, pointed to an “unprecedented level” of tariffs imposed by the U.S., warning that thes trade...
https://fullavantenews.com/bank-of-japan-lowers-growth-forecast-citing-tariffs/?lang=es
Japanese owner Kasuga Kaiun has returned to Chinese builder New Dayang with an order for two more ultramax bulk carrier newbuilds. No price has been revealed for the pair of 64,100 dwt vessels, which takes Kasuga’s bulker orderbook at the shipbuilding arm of state-run machinery manufacturer Sumec...
https://splash247.com/japans-kasuga-back-for-more-new-dayang-ultramaxes/
Floater expert Modec has been very active on the FPSO front over the last month or so. It has only been days since it won a contract to develop an FPSO vessel for ExxonMobil’s Hammerhead project in Guyana, and around a month since it signed a purchase and sales agreement for the Gato do Mato …
https://splash247.com/modec-picks-sumitomo-for-work-on-gato-do-mato-fpso-hull/
Friday, April 25, 2025
A new era for care and diagnostics at CHPG’s Belvédère building His Serene Highness Prince Albert II inaugurated the new Belvédère building at the Princess Grace Hospital (CHPG), marking a major step in the transformation of Monaco’s medical infrastructure…
Monaco charts new course for yachting at groundbreaking world summit The inaugural World Yachting Summit, held from Tuesday, April 15 to...
Japanese vessel owners currently control 12% of the global fleet’s deadweight tonnage (DWT), making Japan the world’s third-largest shipowning nation. According to Niels Rasmussen, Chief Shipping Analyst at BIMCO, Japan is one of only three countries—alongside China and Greece—where owners hold more than 10% of global DWT capacity.
The global fleet, totaling 2.4 trillion deadweight tonnes (DWT), is owned by 16,622 ship owners across 178 countries. Of these, 604 are based in Japan, with fleet...
https://container-news.com/japan-third-in-shipowning-tokyo-places-fourth-globally/
In a sign of the times, Japan’s Mitsui OSK Lines (MOL), the world’s second-largest shipowner, will open a new office in Washington, DC. “As global challenges continue to evolve-ranging from geopolitical uncertainties and stricter environmental regulations to increasingly intricate supply...
https://splash247.com/worlds-second-largest-owner-opens-washington-office/