Japanese shipyards received foreign orders for 21 vessels totaling 581,100 grt in July, down 39.6 percent from a year before, the Japan Ship Exporters' Association reported. Nineteen orders were for bulk carriers and two for freighters, it said. The statistics include orders association members received for steel vessels of 500 grt or more.
Indian Prime Minister Narendra Modi arrived in Japan on Saturday seeking to capitalise on his affinity with Japanese counterpart Shinzo Abe to strengthen security and business ties on his first major foreign visit since his landslide election victory in May. Modi is one of only three people that Abe follows on Twitter, while the Indian leader admires the Japanese premier's brand of nationalist politics. "We will explore how Japan can associate itself productively with my
Japan on Friday froze the assets of the operator of a North Korean ship seized for smuggling arms, the Foreign Ministry said, just as Tokyo is engaged in talks with Pyongyang to return Japanese citizens kidnapped by North Korean agents decades ago. The sanction against Ocean Maritime Management, which operated the ship detained near the Panama Canal a year ago carrying Soviet-era arms, follows similar steps by the United States and U.N. blacklisting of the North Korean firm in July.
Australian Defence Minister David Johnston will tour a Japanese stealth submarine when he visits Tokyo next week, his Japanese counterpart said on Friday, ahead of talks that could cement an agreement to cooperate in arms development. "We are planning to show Minister Johnston various military equipment including submarines," Itsunori Onodera told a news conference. "We want to build a more cooperative relationship with Australia."
Japanese Prime Minister Yoshihiko Noda emphasized the importance of Japan's Self-Defense Force (SDF) during his fleet inspection. PM Yoshihiko Noda considered that the role of the SDF is increasing following emerging territory issues. Forty-five vessels participated in the event including ships from the United States, Australia and Singapore navies. It was the first participation of foreign ships in the MSDF fleet review since 2002, media reported.
Japan’s defense ministry recommends expansion of its marine force and consider a first-strike capability to deal with threats, reports Live Mint/WSJ. Four Chinese vessels ordered Japanese ships to leave waters around disputed islands known as Diaoyu in China and Senkaku in Japan, China’s State Oceanic Administration reported on its website [Chinese] as sourced by Live Mint. China’s strengthened coast guard began operations on 22 July
Nippon Yusen KK, Japan's biggest shipping company, has upwardly revised its plan to expand its fleet of liquefied natural gas (LNG) tankers, a major Japanese financial paper reported Wednesday. Nippon Yusen's initial business plan called for it to either own or have invested in the construction of about 60 such tankers by fiscal 2010. It has now raised that figure to roughly 80-100 tankers, the Nikkei Shimbun said.
The Senate passed the Coast Guard Authorization Act of 2004. Negotiations can now commence to resolve differences between this bill and the version adopted by the House of Representatives some time ago. The major difference between the two bills regards security plans for foreign vessels subject to the ISPS Code. The House bill would, in accordance with language in the Maritime Transportation Security Act of 2002 (MTSA)
USS Harpers Ferry (LSD 49) completed Transport Exercise (TRANSPORTEX) 2007 with the Japanese Ship (JS) Ohsumi (LST 4001) off the coast of Japan on March 7. TRANSPORTEX was a training exercise designed to enhance the maritime transport proficiency and interoperability of the U.S. Navy and the Japan Maritime Self Defense Force (JMSDF) in support of humanitarian relief missions. “In the past 15 years, amphibious forces have been the first responders in numerous humanitarian crises
Nippon Mitsubishi Oil Corp. and Cosmo Oil Co. Ltd., Japan's largest and third-largest oil refiners respectively, will integrate their tanker operations in November as a streamlining step under a year-old alliance. The companies said they expect to cut their combined freight costs by at least $4.62 million a year through the move. Japanese oil companies are under tremendous pressure from larger foreign-owned rivals like Exxon Mobil Corp
Libya's Tripoli-based state firm National Oil Corp (NOC) will remain independent, it said on Thursday, in an apparent attempt to reassure foreign oil buyers it will stay out of the country's conflict. Libya has two governments vying for legitimacy which have been trying to control the
Denmark's A.P. Moller-Maersk said its four subsidiaries with activities in Russia continue to operate as planned despite the recent sharp drop in oil price and the rouble's collapse. "The Group's business with Russia amounts to some two to three percent of our total revenue
Wärtsilä ballast water management systems will enable Japanese bulk carriers to achieve compliance with environmental regulations Six new bulk carriers being built at the Namura and Onomichi shipyards in Japan are to be fitted with 12 Wärtsilä Aquarius UV ballast water
China is expected to sign 30 cooperative agreements worth $10 billion with Kazakhstan as Premier Li Keqiang begins his first official visit to the country, the official Xinhua news agency said on Sunday. Xinhua did not give details
The United States Congress this week enacted the strongest statement of support for the Jones Act and the American domestic maritime industry since the Merchant Marine Act of 1936. The measure was included as part of the National Defense Authorization Act (H.R
A major determinant of shipbuilding productivity is clear communication. The SSI's ShipConstructor 2015 R2 distinguishes this with modified improvements focused on how information is conveyed. Improve the Welding Processes SSI continues to make advancements in regard to how ShipConstructor
Egypt will launch a tender for a second liquefied natural gas (LNG) import terminal in the coming weeks, which could help address the country's ongoing energy crisis, a source at the state gas board said on Tuesday. High consumption, along with foreign firms' reluctance to invest in the sector
Senator John McCain said a more than 90-year-old law that requires ships servicing coastal businesses to be built and mostly staffed by U.S. crews will be repealed sooner or later if lawmakers keep fighting the trade restriction. Oil refiners
U.S.-based grain merchant Gavilon Group LLC said on Thursday it plans to invest $300 million in Brazil to nearly double the amount of grain it handles in the South American country. Gavilon expects to import or export 6.3 million tonnes of grain in 2015, up from 3
Revenues from Egypt's Suez Canal reached $482.3 million at the end of October, up from $469.7 million in September, the state information website said on Thursday. The fastest shipping route between Europe and Asia is one of Egypt's main sources of foreign currency.
Japan's highest-ranking military officer on Friday urged an early start to a "crisis management" mechanism with China amid conflicting claims to a group of tiny East China Sea islands. Relations between China and Japan, the world's second- and third-largest economies
China on Monday hit back at "irresponsible remarks" from the United States which has called on Beijing to stop a land reclamation project in the disputed South China Sea that could be large enough to accommodate an airstrip. China lays claim to almost all of the entire South China Sea
A Panama Canal delegation headed by Administrator Jorge L. Quijano visited Japan to hold discussions with the Japan Shipowners’ Association (JSA) and the major Japanese shipping lines, as well as end customers such as Japanese car manufacturers and energy sector companies.
Russian companies face billions of dollars in extra insurance costs as Western sanctions prompt foreign insurance firms to start pulling out, worried that any business they undertake is at risk from future measures and an increasingly sick economy.
The world's first chemical tanker to use a combination of duplex stainless steel and stainless clad steel in the construction of its cargo tanks was delivered to Oita-based Hiro Naviera S.A. November 15, 2014 by Usuki Shipyard Co., Ltd., Japanese classification society ClassNK reported.