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Off Japan

Vessel Sinks, Eight Drown

At least eight crew members of a Panama-registered cargo ship drowned after the vessel sank off Japan on Sunday, the Japanese coastguard said on Monday. The 3,561-ton White Koowa, with a crew of two Japanese and 12 Filipinos, was carrying 3,000 tons of nickel ore when it sank off Kochi, about 335 miles southwest of Tokyo. Five crew were rescued on Monday and one Filipino crew member remained unaccounted for after the coastguard dispatched patrol boats and aircraft to the scene on Monday. The dead included the ship's captain and chief engineer, both Japanese. It was not known immediately why the ship went down. The White Koowa, which left Indonesia on December 26, had been due to arrive at a southwestern Japanese port on Monday. - (Reuters)


Korean Ship Feared Sunk Off Japan

Rescue officials found a body during a search for a Korean ship missing off southwestern Japan, raising fears the cargo vessel foundered in heavy seas with 28 crew on board, Japan's coast guard said. "Given the facts, we have to conclude that the ship has probably sunk," a coast guard spokesman said. The 22,725-ton Korean-registered Honghae Sanyo vanished with a cargo of gravel in heavy winds and high seas late on Tuesday after failing to pick up a navigator en route to a port in Hyogo


First Japanese Offshore Wind Farm

The Japanese government says its first electricity-generating wind farm to be built off the country’s coast will be ready to start in January 2013 According to 'The Japan Daily Press' the Government’s feed-in tariffs have just gone into effect this month , making electricity generated from renewable resources like solar and wind to be sold at higher prices for the next 20 years. This wind farm, along with announced plans for the construction of Japan’s largest solar panel


Drifting Fishermen Rescued by MOL LNG Carrier

Senshu Maru, Photo courtesy of MOL

Three Castaways Rescued Safely off Indonesia. Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) has announced that on October 6, 2014, the MOL-operated/managed LNG carrier Senshu Maru founded drifting castaways in the Celebes Sea off Indonesia, and was able to safely rescue three Indonesian fishermen. The rescue went as follows: At 14:15 (all times were in Japan time) on October 6, 2014, the Senshu Maru, sailing from the port of Bontang, Indonesia


U.S. Navy Repositions Ships Off Japan, Contamination Detected

Photo courtesy US Navy

The U.S. 7th Fleet has temporarily repositioned its ships and aircraft away from the Fukushima Dai-Ichi Nuclear Power Plant after detecting low level contamination in the air and on its aircraft operating in the area. The source of this airborne radioactivity is a radioactive plume released from the Fukushima Dai-Ichi Nuclear Power Plant.    For perspective, the maximum potential radiation dose received by any ship's force personnel aboard the ship when it passed through the area


Six Countries Plan Asian Naval Security Drill

Reuters has reported that six countries including Japan, China, South Korea and the United States are to hold a series of joint maritime exercises, just weeks after Tokyo and Seoul were locked in a tense stand-off over some tiny disputed islands. Japan, China, South Korea, the United States, Canada and Russia will launch naval exercises in the Japan Sea and East China Sea to halt the spread of weapons of mass destruction, starting on Saturday, Japanese Coastguard officials said.


MOL Bulker Rescues Two from Disabled Yacht

MOL-operated Bulk Carrier Rescues 2 from Yacht adrift off Australia.   Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that the MOL-operated bulk carrier Yahagi Maru rescued two sailors from the yacht Mehitable, which was adrift at sea approximately 350km off Brisbane, Australia.On the morning of June 5 (local time), the Yagagi Maru, which was under way from Japan toward Newcastle, New South Wales


This Day in Naval History – April 14

1898 - Commissioning of first Post Civil War hospital ship, USS Solace 1969 - North Korean aircraft shoots down Navy EC-121 reconnaissance aircraft from VQ-1 over the Sea of Japan 1988 - USS Samuel B. Roberts struck Iranian mine off Qatar 1989 - First Navy ship arrives on scene to assist in Exxon Valdez oil spill cleanup (Source: Navy News Service)


Bulker Being Towed Away from New Zealand

The New Zealand Maritime Safety Authority (MSA) has stated that the bulker Taharoa Express is being towed away from the Northland coastline, after being at anchor off the coast of Dargaville for the past two days as a result of engine problems. The towage passage plan calls for the ship to be towed 200 miles offshore where it will be met by a larger tug for towage to Japan.


Japanese Navy Leaves for Anti-Piracy Mission

According to a report from Bloomberg, two Japanese naval vessels set sail on March 14 to combat piracy off the coast of Somalia. The two warships, each carrying about 200 crew members and two helicopters, will escort vessels carrying Japanese cargo or passengers through the Gulf of Aden, said a spokesman at Japan’s defense ministry on the condition of anonymity. (Source: Bloomberg)


Asia Tankers-VLCC Rates to Slide Further

File Image (CREDIT: EuroNav)

Around 30 VLCC charters in Feb so far, versus 50 last month. About 40 refinery facilities to close for maintenance.   Freight rates for very large crude carriers (VLCCs), which fell to multi-week lows on Thursday, could slip further as refinery maintenance in Asia weighs on cargo volumes


Philippines: Japan Offers Anti-Piracy Help

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


Global Study into use of Wind, Solar Power on Ships

EnergySail Test Station Photo Eco Marine Power

In co-operation with several shipping companies and technology partners, Eco Marine Power (EMP)has begun a detailed study focused on the practical applications of its patented EnergySail and Aquarius MRE technologies. The study will cover the engineering aspects of installing an EnergySail or


NYK PCTC Rescues Sailors off Bermuda Coast

Photo NYK

Hercules Leader, a pure car and truck carrier (PCTC) operated by NYK, rescued six yachtsmen in distress off the coast of Bermuda on January 19.   While Hercules Leader was sailing from the U.S. port of Jacksonville to Gibraltar, a British colony south of Spain


Fisheries Subsidies in Major Non-EU Fishing Nations

Image: The European Commission

 A new study for the European Commission compiles data and information on fisheries subsidies within six of the world's major fishing countries: Japan, South Korea, Taiwan, China, Russia and the United States.   The study finds that subsidies for catch fisheries play a significant role


Oversupplied Japanese LNG Players to Sell off Excess Volumes

© akiyoko / Adobe Stock

Asian spot LNG prices extended losses this week as oversupplied Japanese utilities sought to offload cargoes and as key European gas benchmarks softened.   Asian prices for LNG delivery in March fell 25 cents to about $7.75 per million British thermal units (mmBtu), traders said


Singapore Exchange to Open LNG Index

Image: Singapore Exchange Ltd

 Singapore Exchange (SGX) is developing a spot pricing index for the Middle East and India liquefied natural gas markets (LNG) in collaboration with inter-dealer broker Tullett Prebon, says WSJ.   The index is aimed at market participants who are forced to rely on tenders for setting


A Tale of Two Tanker Classes

© Sorapop Udomsri / Adobe Stock

In a stark reminder of how volatile shipping markets can be, sentiment in the previously weak Asian Aframax market has flipped while the LR2 market continues its downward slide. The Aframax market in the East of Suez firmed rapidly with rates for the Indo/Japan route up by w22


Standard Chartered Closes $1.6 bln+ in Shipping Finance

Standard Chartered said on Tuesday it had completed three shipping deals worth more than $1.6 billion in recent months.   The deals include in December a $684.5 million up to 12-year facility for BW Gas JuJu LNG, a joint venture between BW Group and Japan's Marubeni


Japan, Indonesia to Strengthen Maritime Ties

Photo: Cabinet Public Relations Office, Japan

 Indonesia and Japan have agreed to step up maritime security and start discussions on a major railway project to link the Southeast Asian nation's capital and second-biggest city, reported Reuters.   Japanese Prime Minister Shinzo Abe said during a visit to Indonesia that the two


Australia, Japan Enact Rules for Shipping Liquid Hydrogen

Australia and Japan signed a memorandum at the headquarters of the Australian Maritime Safety Authority (AMSA) in Canberra which will allow liquid hydrogen to be shipped in bulk for the first time.   Ship containment systems are being developed in Japan that will be capable of safely


N.Korean Ship Sinks off Japan, Crew Rescued

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.  


LPG Carrier Rescues Sailor off Nicaragua

Photo: NYK

A LPG carrier operated by NYK, Linden Pride, rescued a seafarer from a boat in distress 100 nautical miles off the coast of Nicaragua.   While Linden Pride was sailing from Balboa, Panama, to Sendai, Japan on December 4, the ship came upon a disabled boat with one survivor requesting


Capesize Vessel Delivered to Navios Partners

Owner and operator of container and dry bulk vessels Navios Maritime Partners L.P. said it has taken delivery of a secondhand Capesize bulk carrier vessel.   The 180,310 dwt ship, Navios Beaufiks, was built in 2004 in Japan, and delivered on December 30, 2016


Top 10 Ship Owning Nations

© Masson / Adobe Stock

Kicking off the New Year, VesselsValue has put together a list of the top 10 ship owning nations by fleet value in 2017.     Greece - $84.079 billion Japan - $80.169 billion China - $68.333 billion Singapore - $38.052 billion






 
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