Ocean Network Express, a joint venture container shipping company founded by Japanese shipping firms Kawasaki Kisen Kaisha, Mitsui O.S.K. Lines, and Nippon Yusen Kabushiki Kaisha is on schedule to start operations on 1 April, 2018.
The 2017 established company has now received all necessary merger approvals from local competition authorities in regions and countries where such approvals are required, they said in a joint statement.
“As announced on July 3, 2017, the J/V company had completed the approval process in all regions and countries except South Africa as of the end of June 2017,” according to the statement.
“Following continued negotiations with the competition authority in that country, the J/V company today obtained approval with conditions requiring measures regarding competition law compliance.
“The service commencement schedule for the new company remains unchanged, with operations slated to begin on April 1, 2018.”
Publication date: 22 January, 2018
The company will stop operations by end of March due to lack of performance.
Platform offers end-to-end solution for bunker decision-making with accurate real-time bunker market information and includes updated Bunker Planner software.
Toshi Nakamura, executive officer at NYK, participated in the session "The Way of Producing and Using ‘Clean LNG’” to brief delegates on the firm’s plans.
While ammonia is still only used as a marine fuel in pilot projects, the price spread is indicative of the challenges ahead of its growing use, says Argus Media.
Availability remains tight amid strong demand in Panama, while recommended lead times have dropped Zona Comun just ahead of potential weather disruptions.
Study explored questions around fuel availability, cost, lifecycle emissions and logistics, providing an overview of the applicability of bio-LNG as marine fuel.
Glander International Bunkering (Norway) AS seeking payment of USD 115,963.52 (not including contractual compensation and interests) from the vessel’s demise charterer, according to court documents.
“In TotalEnergies, we already have projects along the e-Fuel value chain, from green electricity and green / blue hydrogen to e-Fuel production that will be integrated along the marine fuels value chain in time to come,” shares Louise Tricoire.
Buyers can nominate deliveries on platform and plan operations together with suppliers following ‘one single truth’ concept with all players aware of what has been agreed when and by whom, says DNV spokesman.
Rotterdam’s intention to mandate the usage of MFMs goes down well with licensed bunker supplier VT Group; MFM providers supportive of move but stressed continuous monitoring is needed for optimum performance.
Cost of alternative bunker fuels, bunker operations and technology advancement are some considerations to be examined by the maritime industry, says Neo, director of SDE International Pte Ltd.
Kim Hyung Joon and Han Donghoon were planning to join the Singapore entities of Hartree Group - either Hartree Partners Singapore Pte Ltd or Hartree Marine Fuels - in October, discovered management.
