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Japanese firms K Line, Uyeno join SEALNG

SEA\LNG announced another step forward in its aim to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel with the addition of Japanese companies K Line Group and Uyeno Group to its growing member roster.

K Line and Uyeno bring valuable insights from the thriving LNG value chain in Japan and elsewhere, and their acceptance into the coalition is demonstrative of SEA\LNG’s commitment to facilitating further growth in the region, the multi-sector industry coalition said in a press release.

Peter Keller, SEA\LNG chairman and executive vice president, Tote, said: “Collaboration, demonstration and communication on key areas such as safety, regulation, emissions and the economic case for LNG are essential to strengthening the increasing confidence and demand required for an effective and efficient global LNG value chain by 2020. Our members in Japan are doing important work, both in the region and across the world, which contributes significantly to helping us achieve our mission.”

SEA\LNG sees Japan as growing in importance as a location for LNG-fuelled shipping and bunkering. K Line and Uyeno now stand alongside a host of Japanese organisations which have joined SEA\LNG in its commitment to accelerating LNG adoption in the nation’s ports and waters, as well as globally, including Yokohama-Kawasaki International Port Corporation (YKIP), Marubeni, Mitsubishi Corporation, Mitsui & Co, NYK Line, Toyota Tsusho Corporation, and Sumitomo Corporation.

The K Line Group is an integrated logistics company which owns and operates various fleets tailored to worldwide marine transportation needs. In April 2017, the group launched a new business division devoted to the transportation of LNG and LPG, to broaden its involvement in both the upstream and downstream business of the global energy value chain.

K Line’s gm of liquefied gas new business group Satoshi Kanamori said: “We expect long-term global demand for LNG to grow as a clean energy resource. In addition to conventional LNG transport operation, our new division will also spearhead efforts to enter new business fields, such as floating storage and regasification units (FSRUs) which can cope with the needs of emerging economies that require shorter lead times. Working with SEA\LNG, we hope to collaborate with organisations from across the LNG value chain to improve bunkering infrastructure and stimulate demand for LNG across the Asia-Pacific region, and beyond.”

Uyeno Group meanwhile, is a group of organisations which provides specialised logistics solutions for the storage and transportation of petroleum and petro-chemical products. Established in 1869 in Yokohama, the organisation expanded into Southeast Asia early in its lifespan and has a wealth of experience in bunker barge and shuttle tanker operation.

Uyeno executive managing officer Kazutoshi Takao said: “As attitudes and regulations surrounding the marine and energy sectors transform with the times, Uyeno Group is diversifying its business offering into the clean energy business. We have a sound reputation in the safe and efficient storage and transportation of gas and petrochemical products; we look forward to engaging with Japan’s growing LNG market and leveraging our decades of experience to further SEA\LNG’s global mission."

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