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