In 2018 the value of the Greek fleet increased by over $5bn to break the $100bn milestone, ensuring Greek shipowners continue to run not only the world largest fleet but also the most valuable.
Mitsui OSK Lines (MOL) has carried out a test operation of the first bunkering of LNG fuel with LNG-powered tugboat Ishin in Japan’s Sakai Senboku port in the Kansai region.
Japan’s Asahi Tanker Co and Exeno-Yamamizu Corporation Tokyo have jointly developed an electric zero emissions bunker tanker set for commercial launch in the last quarter of 2020.
A Mitsui OSK Lines (MOL) car carrier has made a first call for such a vessel type in Cambodia.
Mitsui OSK Lines (MOL) and Asahi Tanker Co have launched a new MR product tankers pool with a fleet of about 25 ships.
The US Coast Guard (USCG) has suspended the search for the remaining missing crew member from the stricken car carrier Sincerity Ace, while the bodies of four others have been located but are unresponsive.
Japan Engine Corporation (J-ENG) has landed its first order for an environmentally-friendly marine diesel engine for installation on a 99,000-dwt bulk carrier to be built at Oshima Shipbuilding.
The Bahamas Maritime Authority (BMA)’s new office at Nishi-Shinbashi in the heart of the Minato district in Tokyo was inaugurated by the Deputy Prime Minister of the Bahamas, the Honorable Peter Turnquest.
Reederei Nord and Nissen Kaiun have launched the N2Tankers aframax pool with ship manager Synergy Group.
Container line joint venture Ocean Network Express (ONE) dragged down all of Japan’s big three shipowners in the first half of FY2018 with both NYK and K Line in the red.