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.
Japan and the Philippines have begun talks for the transfer of two large coast guard ships to Manila, to help patrol the disputed South China Sea, a Japanese foreign ministry official said on Friday, as part of a deal on defence equipment. The two brand-new 90-metre (295-ft) multi-role response vessels will be in addition to ten 44-metre (144-ft) mid-sized coast guard ships, worth 8.8 billion pesos ($188.52 million), that Japan is set to start delivering next week.
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."
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.
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 has lodged a protest with the Chinese ambassador in Tokyo, after a Chinese ship sailed close to contested islands in the East China Sea. Chinese navy has made an unprecedented entry into waters around the disputed Senkaku Islands, called Diaoyu in China. Japanese Vice Foreign Minister Akitaka Saiki responded swiftly, summoning the Chinese ambassador to Tokyo Cheng Yonghua to register a formal protest.
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
Japan will agree this month to give Australia classified submarine data, an unprecedented step signalling Tokyo's intent to join competitive bidding to sell Canberra a fleet of stealth subs, said two Japanese officials familiar with the plan. The "competitive assessment" will see Germany's ThyssenKrupp and France's state-controlled naval contractor DCNS separately competing with a Japanese government-led bid for such contractors as Kawasaki Heavy Industries Ltd and Mitsubishi
1832 - USS Potomac, becomes the first U.S. Navy ship to entertain royalty, King and Queen of Sandwich Islands. 1858 - The last bit of cable is laid by USS Niagara and British ship Agamemnon to complete the first trans-Atlantic cable. Niagara's boats carried the end of the cable ashore at Brills Mouth Island, Newfoundland, and the same day Agamemnon landed her end of the cable at England. The first message flashed across August 16 when Queen Victoria sent a cable to President James
The privately owned U.S.-flag foreign trading fleet, which is an essential component of U.S. sealift capability, stands on the edge of a precipice. The fleet – roughly stable in terms of cargo carrying capacity from 2000 to 2012 – has declined from 106 vessels in 2012 to 78 vessels at
Marco Polo Marine Group Group recorded a revenue of S$11.4 million in Q1FY2017, a decrease of 33% from that of S$17.0 million in Q1FY2016. Relative to Q1FY2016, the Ship Chartering Operations’ revenue of the Group decreased by 31% to S$4.4 million in Q1FY2017
Japan has offered to send patrol ships to deal with a growing piracy threat in the southern Philippine waters bordering Indonesia and Malaysia, a senior Philippine defence official said on Tuesday. A surge in piracy off parts of the southern Philippines is forcing ship-owners to divert
The Mississippi ports of Pascagoula and Gulfport signed agreements in Cuba on Monday with an eye to future business and with a Republican U.S. senator from the state looking on, despite concerns President Donald Trump might backtrack on improved relations.
Japanese shipyards are on the verge of overtaking Korean shipyards in remaining order backlogs and market share, reports Business Korea. South Korean and Japanese shipbuilders recorded a backlog of 20.46 million CGT and 20.06 million CGT early this month, respectively
Novatek, Russia's second biggest gas producer, said on Friday it had signed agreements with Japan's Mitsui & Co, Mitsubishi Corp and Marubeni Corp to cooperate in liquefied natural gas and other energy sectors. Japan, lacking fuel resources
It has been years (2009) since I last wrote an article discussing the availability of U.S. citizens to work offshore in support of oil and gas projects during a downturn in the economy. And now, it is even worse. With the price of oil and gas remaining depressed for many months now
Time has come for most shipowners to apply for renewal of their CLC, Bunker, Athens and Wreck Removal Certificates from the Danish Maritime Authority. Certificates must be renewed when the underlying insurance expires. Ships subject to a requirement for a certificate are not allowed
Since it started publishing in 1939, Maritime Reporter & Engineering News has recognized excellence in ship construction. This year 18 ships in total were honored, including many “world firsts.” M/V Auto Eco - World’s First Dual Fuel LNG PCTC
Mumbai and Nhava Sheva Ship Agents Association (MANSA) has requested the Mumbai Port Trust to re-consider the proposed bank guarantee amount levied on vessels calling at the port. In a letter addressed to the Mumbai Port Trust, MANSA said
U.S. President-elect Donald Trump on Tuesday named Robert Lighthizer, an official in the Reagan administration and harsh critic of China's trade practices, to be his chief trade negotiator, responsible for better deals aimed at reducing U.S. trade deficits.
A North Korean cargo vessel carrying rice sank off the west coast of Japan's westernmost major island of Kyushu on Thursday after springing a leak, but all 26 crew members were rescued without sustaining injuries, Japan's coastguard said.
Royal Bank of Scotland has concluded agreements to sell at least $600 million worth of shipping loans from its portfolio as part of efforts to exit the sector, sources with direct knowledge of the deal told Reuters on Friday. RBS, which is more than 70 percent state owned
Contracting activity in 2016 fell to its lowest level in over 30 years in numerical and tonnage terms, says Clarksons Research. Low levels of newbuild demand have continued to limit ordering across the majority of vessel sectors
Japanese financial services firm Orix Corp said it was looking to buy more shipping loans in Europe after confirming on Monday that it would purchase $289 million worth of such debt from Royal Bank of Scotland in a landmark deal. European banks, major lenders to the shipping industry