This is a legacy page. Please click here to view the latest version.
Fri 3 Aug 2018, 00:05 GMT

MoU signed to discuss LNG bunker business in western Japan


NYK Line, Kyushu Electric Power, Saibu Gas and Chugoku Electric Power ink non-binding agreement.


Image credit: Pixabay
NYK Line, Kyushu Electric Power Co., Inc., Saibu Gas Co., Ltd., and The Chugoku Electric Power Co., Inc. have signed a memorandum of understanding for joint discussions on the commercialization of a new business to supply LNG as a marine fuel to ships in the Setouchi and Kyushu areas of western Japan.

The Setouchi region includes the ports of Hiroshima, Iwakuni, Matsuyama, Okayama, Osaka and Takamatsu.

Kyushu, meanwhile, is the most southwesterly of the country's four main islands. Key port locations include: Hakata, Hososhima, Imari, Kagoshima, Nagasaki, Oita and Sasebo.

Back in May, K Line, NYK Line, Chubu Electric Power and Toyota Tsusho Corporation announced that they had established two joint ventures for the launch of a business to supply marine fuel to ships in central Japan, in the Chubu region.

Central LNG Marine Fuel Japan Corporation will be the entity responsible for LNG bunkering, whilst Central LNG Shipping Japan Corporation will be the owner of the LNG supply vessel used to perform ship-to-ship deliveries.

Last month, Central LNG Shipping Japan Corporation ordered an LNG bunkering vessel from Kawasaki Heavy Industries. It is scheduled to be delivered between September and December 2020 and is set to be the first LNG supply vessel to operate in Japan.


World Kinect Corporation logo. World Kinect marine segment posts record quarterly gross profit amid bunker price volatility  

Marine division delivers its best-ever quarterly result as the conflict in the Middle East drives bunker price swings.

Explora III vessel. Explora Journeys takes delivery of first LNG-powered ship in its fleet  

Explora III, delivered by Fincantieri in Genoa, marks the brand’s first LNG-fuelled vessel.

Patrick Ryan, Keyyong Hong and Jinyoung Cho. ABS grants approval in principle for nuclear-powered 15,000-teu containership concept  

The concept design, developed with two Korean research institutes, features a marine molten salt reactor.

Tsuneishi logo. T-SOL delivers first Japan-built methanol fuel supply system  

The system, which received ClassNK approval in principle in 2024, will be installed on a Kamsarmax bulk carrier.

Port of Rotterdam. Rotterdam records 0.4% rise in total throughput for H1 2026  

LNG throughput up 1.7% to 6.4m tonnes, with exports increase attributed partly to greater use of LNG as a marine fuel.

Steel-cutting ceremony of vessel with builder's hull no. S1151. Construction begins on LNG bunkering vessel for Shell  

Ceremony held for first of two 18,900-cbm vessels being built for Purus Marine.

Singapore skyline. Monjasa seeks supply trader in Singapore  

Role focused on developing and maintaining supplier relationships for the firm's back-to-back operations.

Panama City skyline. Monjasa hiring trader for Panama physical trading team  

Bunker firm looking for candidates with at least two years' experience in sales, trading, shipping, logistics, or similar commercial role.

CIMC SOE building. CIMC SOE and Sinopec Clean Energy sign contract for 12,000-cbm LNG bunkering vessel  

Vessel is scheduled for delivery in 2028 and will serve China’s coastal LNG bunkering network.

S-Oil B30 VLSFO supply launch. S-Oil begins supplying B30 VLSFO from Ulsan  

South Korean refiner S-Oil enters the bio-bunkering market with a vertically integrated Ulsan supply chain.


↑  Back to Top