With just a few days to go before a decision needs to be made, Japanese conglomerate Mitsubishi looks to be the leading contender for the construction and operation of Indonesia's Patimban Port.

Japan’s big three shipping groups, K Line, MOL and NYK, have announced an integration of their container shipping business with the establishment of a joint venture by 1 July 2017 and the commencement of joint servce from 1 April 2018.

Japan’s Kawasaki Heavy Industries (KHI) has come up with an innovative expandable LNG-fuel tank for ships that can store up to five times more LNG than existing designs, reports said.

Mitsui OSK Lines (MOL) returned to the black in the first quarter of financial year ended 31 March 2017.

The Japanese government has launched a feasibility study for LNG bunkering in the port of Yokohama, making this the first LNG bunkering facility development project in Japan.

AAL Japan celebrated its one-year anniversary in Tokyo, and the party mood is one of cautious optimism for Japan’s project cargo exports market.

ClassNK is continuing its expansion with the opening of a third exclusive survey office in France.

Nippon Yusen Kaisha (NYK) The only one of Japan’s “big three” shipowners to make money in the financial year ended 31 March 2016, but still reported a 61% fall in profits.

Kawasaki Kisen Kaisha (K Line) reported a $457m loss for the financial year ended 31 March 2016, and expects the coming year to be unprofitable as well.

Mitsui OSK Lines (MOL) is confident about the prospects for LNG shipping in the medium to longer term.

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