The shipowner of the Felicity Ace and its insurer have filed separate lawsuits in Germany against Volkswagen over the blaze and subsequent sinking of the car carrier. Mitsui OSK Lines and Allianz have identified what they believe to have been a faulty battery in a Porsche electric vehicle as the...
Japan
Inpex taps Fugro for Abadi LNG marine survey deal
Japanese oil and gas major Inpex has awarded Fugro a marine survey contract for the Abadi liquefied natural gas (LNG) project in Indonesia. Fugro will perform geophysical and geotechnical surveys needed to support front-end engineering design for offshore production facilities, the submarine...
https://splash247.com/inpex-taps-fugro-for-abadi-lng-marine-survey-deal/
MOL seals charter for Korean LNG newbuild
Mitsui OSK Lines (MOL) has signed a long- term charter contract for a newbuilding LNG carrier with Tokyo LNG Tanker, a wholly-owned subsidiary of Tokyo Gas. This is the eighth contract, following a time charter contract for seven LNG carriers that were signed for TLT. The 174,000 cu m vessel will...
https://splash247.com/mol-seals-charter-for-korean-lng-newbuild/
MAN Energy Solutions to Offer Ammonia-Fueled Ship Engines After 2027
SINGAPORE, March 4 (Reuters) – MAN Energy Solutions plans to deliver later this year its first-ever engine fueled by ammonia for installation on a new vessel in Japan and will be ready to…
https://gcaptain.com/man-energy-solutions-to-offer-ammonia-fueled-ship-engines-after-2027/
NYK acquires UK logistics company
Japan’s Nippon Yusen Kaisha (NYK) has bought Noel Topco, a UK-based holding company of 10 companies, including Global Freight Solutions Limited (GFS), a specialist in fulfillment services for e-commerce businesses, from order receipt to delivery. The UK e-commerce market is the third largest in...
China, Japan and Greece in a league of their own in latest shipowning charts
Which nation has the world’s most valuable commercial fleet? Two of shipping’s best-known data providers cannot agree. VesselsValue yesterday unveiled its top 10 shipowning nations, reviewing the total asset values for vessels by beneficial owner country. Japan was at the top of the league, its...
https://splash247.com/china-japan-and-greece-in-a-league-of-their-own-in-latest-shipowning-charts/
Sanko Steamship set to exit shipping as last vessel put up for sale
One of the most famous names in Japanese shipowning history is readying to cease operations. Sanko Steamship has put its last ship up for sale, the 2021-built, 82,514 dwt bulk carrier, with top management telling the Japan Maritime Daily that the company will then exit shipowning. Sanko, founded...
https://splash247.com/sanko-steamship-set-to-exit-shipping-as-last-vessel-put-up-for-sale/
JERA buys 15.1% stake in Scarborough gas field for $1.4bn
Japan’s largest utility JERA has entered into an agreement with Australia’s Woodside to acquire a participation interest in the Scarborough gas field. JERA bought a 15.1% participating interest in the Scarborough gas field development project for a total consideration of approximately $1.4bn. This...
https://splash247.com/jera-buys-15-1-stake-in-scarborough-gas-field-for-1-4bn/
Partnership to develop liquefied hydrogen transport value chain
South Korean shipbuilder HD Korea Shipbuilding and Offshore Engineering (KSOE) has entered into a memorandum of understanding with compatriot logistics company Hyundai Glovis, Australia’s Woodside Energy, and Japanese shipping company Mitsui OSK Lines (MOL) for cooperation in the development of a liquefied hydrogen (LH2) transportation value chain. Since 2022, KSOE has been working with Woodside […]
The post Partnership to develop liquefied hydrogen transport value chain appeared first on Baird...
NYK goes to domestic yard for latest CTV newbuild
Nippon Yusen Kaisha (NYK) has contracted Kosaba Shipbuilding for a crew transfer vessel newbuild, the first CTV order the Japanese line has placed at a domestic yard. The vessel, delivering in late 2025 or 2026, will be the third CTV owned by NYK and the company’s second owned unit deployed to...
https://splash247.com/nyk-goes-to-domestic-yard-for-latest-ctv-newbuild/