Japanese shipping companies Kawasaki Kisen Kaisha (“K” Line), Nippon Yusen Kabushiki Kaisha (NYK Line) and energy firms Chubu Electric Power and Toyota Tsusho Corporation have started discussions for a joint liquefied natural gas (LNG) business.
The quartet is planning to start operations to supply LNG bunkers at the Chubu (central region) of Japan.
“LNG is expected to become an important alternative to heavy fuel oil due to its relatively low emissions of air polluting substances and greenhouse gases, which will enable ships to meet increasingly stringent international regulations on emissions,” they said in a joint statement.
“The four companies will jointly discuss specific LNG customers and supply methods in preparation for the commercialisation of LNG bunkering business.”
No firm date(s) has been announced for further developments.
Published: 29 January, 2018
‘The JMs have failed to discharge their duties by blindly helping the Banks mount a false case against the Defendant,’ wrote defence lawyers representing former IPP Director Dr Goh Jian Hian in court statement.
Lead prosecutor Andreas Myllerup Laursen aims for a fine and a prison sentence in the so-called Syria case scheduled to commence in Odense, Denmark on 26 October, writes the Danish publication.
In a modern re-telling of the story of David versus Goliath, local bunker barge owners/charterers successfully resisted claims brought in the Singapore courts by Phillips 66 for misdelivery of bunkers.
Bunker barge owners and operators; traders and suppliers; banks, including players in other countries, will have to re-examine respective operations, advises Helmsman Associate Director Jonathan Tan.
Vopak BL was a non-essential document with no contractual force and had no effect as a contract of carriage or as a document of title, states written Judgement issued by Singapore Court of Appeal.
Dwivedi Vivek Kumar ended his tenure as Global Head – Bitumen & Shipping & Regional Head – APAC at GP Global APAC on 10 November 2020 due to internal structuring of the GP Global Group.