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Japan LNG bunkering business officially launched

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.

Vincent Wee, Hong Kong and South East Asia Correspondent

May 10, 2018

1 Min Read
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The Central LNG Marine Fuel Japan Corporation is expected to run the bunkering business while Central LNG Shipping Japan Corporation will own and operate the bunker vessel.

The four companies earlier this year said they were in discussions to set up the business ahead of expected rising demand for LNG as an alternative to heavy fuel oil as stricter emissions regulations come up.

Read More: Japan's 'big three' jump on the LNG bunkering bandwagon

“Going forward, each of the four companies will utilize the expertise and strengths that they each possess to propel the Ship-to-Ship Bunkering business,” they said in a joint press release.

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K LineNYKLNG bunkering

About the Author

Vincent Wee

Hong Kong and South East Asia Correspondent

Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a keen insight and extensive knowledge of the offshore oil and gas markets gleaned while covering major rig builders and offshore supply vessel providers.

Vincent has been a journalist for over 15 years, spending the bulk of his career with Singapore's biggest business daily the Business Times, and covering shipping and logistics since 2007. Prior to that he spent several years working for Brunei's main English language daily as well as various other trade publications.

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