Japan’s ‘big three’ jump on the LNG bunkering bandwagon

Japan’s “big three” shipowners NYK, Mitsui OSK Lines (MOL) and K Lines are all making moves into the LNG bunkering space.

MOL announced it has signed a contract with Kanagawa Dockyard to build an LNG-powered tugboat. Construction is expected to start next month completion in February 2019, and launching in April of the same year.

The tugboat will be operated by Nihon TugBoat in Osaka Bay from April 2019. The tugboat’s LNG engines will be produced by Yanmar and the LNG fuel tank will be mounted on deck and MOL said it was moving ahead with developing a detachable fuel tank.

The tugboat will be supplied with LNG using a truck-to-ship system and MOL and Osaka Gas plan to establish LNG fuel supply system.

Meanwhile K Line, NYK, Chubu Electric and Toyota Tsusho have started joint discussions to start a new business to supply LNG as a fuel to ships in the Chubu region of Japan.

“The four companies will jointly discuss specific LNG customers and supply methods in preparation for the commercialisation of LNG bunkering business,” a statement said.

Posted 26 January 2018

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Marcus Hand

Author Bio ▼

Editor, Seatrade Maritime News Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with nearly two decades of experience covering the shipping industry in Asia. In addition to running Seatrade's maritime and offshore news website based from Singapore he is the Asia Editor of Seatrade Maritime Review. Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Prior to joining Seatrade at the beginning of 2010 Marcus worked for shipping industry journal Lloyd's List for a decade and previous to that the Singapore Business Times covering shipping and aviation.

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