Reederei Nord and Singapore’s Synergy Group, on behalf of Japan’s Nissen Kaiun, have officially launched N2Tankers, a new aframax tanker pool the two shipowning companies have set up as a joint venture. The combined fleet currently pooled under N2Tankers consists of 13 Japanese-built aframax...
By Tim Kelly (Reuters) – U.S. fighter jets darted over the Western Pacific on Saturday as the nuclear powered USS Ronald Reagan aircraft carrier joined Japanese destroyers and a Canadian warship for the biggest combat readiness war game ever staged in and around Japan. Japan and the United States...
A total of 1,966 vessels have deliveries dates scheduled for 2018, but only 1,100 have hit the water so far this year, meaning 44% of the ’18 orderbook is outstanding, according to VesselsValue. Ship deliveries typically slow down towards the end of the year, as a vessel is considered a whole year younger if shipowners wait a few weeks, allowing the delivery to slip into the new year. Many sectors can expect a higher proportion of the orderbook to hit the water in future years.
Out of the three...
https://safety4sea.com/vesselsvalue-44-of-2018-ship-orderbook-not-delivered-yet/
Japan’s Sanko Steamship is exiting the cape sector. Broker sources tell Splash that the one time shipping powerhouse has started circulating its last cape, the 2005-built , a ship which MSI gives a fair market value of . The outfit will be left with two nine-year-old panamaxes when the sale is...
The Delegate List that will be distributed at the...
http://www.allaboutshipping.co.uk/2018/10/31/last-call-marine-money-tokyo-2018/
Nippon Yusen Kaisha (NYK) has been pruning its MR tanker fleet. Brokers report Indonesian energy giant Pertamina has come in for two Shin Kurishima MRs, the and for $31m en bloc as well as NYK’s VLCC for an undisclosed price. The VLCC is understood to have been on subjects for a number of months....
Helsinki, Finland and Tokyo, Japan – 24 October 2018 – NAPA, the leading maritime software, services and data analysis provider today announced that it has signed an agreement with MOL (Mitsui O.S.K. Lines Ltd.) to provide performance analysis and reporting for 80 of MOL’s time-chartered bulk carriers with NAPA Fleet Intelligence.
NAPA Fleet Intelligence combines NAPA’s naval architectural expertise and proprietary data modelling with open source data and MOL’s own reports to produce...
According to the latest eastbound transpacific liftings data analysed by Alphaliner, ONE, the new Japanese merged container liner, lost a massive 14.2% of cargo in the April-September period, compared to the combined volumes of ONE partners K Line, MOL and NYK during the same period last year. ONE...
https://splash247.com/cma-cgm-the-big-winner-from-ones-transpacific-fall/
Japan in collaboration with private companies have spent $4 billion to support LNG projects, mostly in Asia. These projects aim to drive the demand for the fuel, according to the country’s trade minister, Hiroshige Seko.
Hiroshige Seko informed that Japan has offered training to 200 people from 15 countries, in an attempt to establish a workforce to work in the LNG sector.
In fact, according to Reuters, Mr. Seko has announced last year that Japan and private companies would provide $10 billion to...
https://safety4sea.com/japan-spent-4-bln-to-support-lng-projects/
The Oldendorff Carriers’ ship Erna Oldendorff made contact with the Oshima bridge on her way to Etajima, Japan. No people were hurt and there are no reports of pollution at this time.
After the incident Oldendorff Carriers informed all relevant authorities and parties.
The vessel is currently following instructions of the Japanese Coast Guard and has moved to a safe anchorage.
The cause of the accident is still unknown, while the Japanese Coast Guard is conducting an investigation to which...
https://safety4sea.com/erna-oldendorff-contacts-bridge-in-japan/