A joint venture terminal, including Mitsui OSK Lines and Wan Hai Lines as partners, at Haiphong in Northern Vietnam capable of handling 14,000 teu capacity containerships was officially launched on Sunday.

Kawasaki Kisen Kaisha (K Line), Chubu Electric Power, Toyota Tsusho Corporation and Nippon Yusen Kabushiki Kaisha (NYK Line) have officially set up two joint ventures to launch a liquefied natural gas (LNG) bunkering business in Japan’s central Chubu region.

In the latest tie-up in the Japanese shipbuilding market Tsuneishi Shipbuilding and Mitsui E&S Shipbuilding have inked a cooperation agreement for the commercial vessels business.

Underscoring changing trade patterns the first-ever liquefied natural gas (LNG) shipment from the Dominion Cove Point terminal in the US to Japan has transited the Panama Canal.

In something of a role reversal from when they overtook European shipbuilders in the 1960’s and 70’s Japanese yard executives are questioning subsidies and resulting low priced orders taken by competitors in China and South Korea.

Maritime safety equipment supplier Viking is extending its service offerings in the Japanese market.

One of Japan’s largest shipowners Mitsui OSK Lines (MOL) has prioritised price competitiveness in its 2018 plan.

With one of the constants of shipping being change, the success story that is Greek shipping is its ability to adapt to change. This message was delivered many times over in Athens last week, a week packed with events discussing and debating the latest developments in shipping.

Mitsui OSK Lines (MOL), one of Japan's big three shipowners, is undertaking a restructuring of its organisation that includes a new technical innovation unit.

Shell is warning of a shortage of LNG by the middle of the next decade as buyers seek shorter-term contracts, but suppliers continue to seek long-term sales to secure finance for project development.

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