MOL Puts FSRU for Indonesia's Jawa 1 LNG Power Plant Into Operation
Mitsui O.S.K. Lines (MOL) has started commercial operation of the floating storage and regasification unit (FSRU) Jawa Satu for the Jawa 1 LNG-fired power plant in Indonesia.MOL owns the FSRU through PT Jawa Satu Regas (JSR), jointly established by PT Pertamina (Persero), Marubeni Corporation, Sojitz Corporation, and other partners.Built by Samsung Heavy Industries in South Korea, the Jawa Satu FSRU has a storage capacity of 170,000 m3, with 300 MMcsfd of regasification capacity.The…
Strategic Marine Delivers Support Vessel for Yunlin Offshore Wind Farm
Singapore’s Strategic Marine and Taiwan’s Prosperous Wind Shipping have delivered the hybrid-ready support vessel for the Yunlin offshore wind farm in Taiwan.The StratCat 27 hybrid-ready vessel is designed for the transfer of technicians and cargo, essential for the construction, operation, and maintenance of offshore wind farms.Owned and operated by Prosperous Wind Shipping, the vessel will be able to meet the specific needs of the offshore wind industry in Taiwan.Set to start operations at the Yunlin offshore wind farm in April 2024…
Jumbo Offshore Awarded Monopile Removal Contract in Taiwan
Jumbo Offshore has been awarded a contract by Yunneg Wind Power Co. (YWPC) for the removal of monopiles at the Yunlin Offshore Wind Farm in Taiwan.The contract award represents an expansion of the company’s existing scope, which has involved transport and installation of the project’s transition pieces.Under the amendment, some monopiles, which were installed during an earlier project phase, are to be removed approximately 3m below mean seabed level. To undertake this scope, Jumbo…
MOL Signs Pact for Asia’s 1st Gas-to-Power Project FSRU
Mitsui O.S.K. Lines (MOL) has announced that the company has signed deals for construction of a floating storage and regasification unit (FSRU), FSRU services, and financing for the Jawa 1 Gas-Fired Project, through PT Jawa Satu Regas (JSR), a joint company of PT Pertamina (Persero), Marubeni Corporation, and Sojitz Corporation etc.MOL is entrusted with FSRU construction supervision, maintenance, and operation services.In this project, PT Jawa Satu Power(JSP), jointly established by Pertamina, Marubeni, and Sojitz, will build, own, and operate a gas-fired power plant with a generating capacity of 1,760MW in Indonesia's West Java province while JSR will build…
Sojitz Buys Spanish LNG Terminal
Japan's Sojitz Corporation has acquired full ownership of First State Regasificadora (FSR), subsequently changing the company’s name to Sojitz Regasificadora (SR). SR owns a 15% stake in Regasificadora del Noroeste (Reganosa), whose assets include the LNG terminal located in Mugardos, located in the northwest of Spain. This makes Sojitz Corporation (Sojitz) the first Japanese trading company to enter into the LNG terminal business in Europe. Reganosa commenced operations at the Mugardos LNG Terminal in 2007. LNG delivered to the Mugardos LNG Terminal is not only supplied to the domestic market in Spain, but also reloaded and delivered to Asia as well as other parts of the world. Reganosa also has plans to use the terminal as an LNG bunkering station for ships using LNG as marine fuel.
Sojitz Marine & Engineering Invests in Ecochlor
Ecochlor Inc. announced that it had recently completed a $4.1 million equity financing to support its growth into the burgeoning ballast water treatment market. Investors participating in the financing included Sojitz Marine & Engineering Corporation, the shipping subsidiary of the Japanese trading company, Sojitz Corporation, and a number of individual investors. Sojitz invested $1.8 million. As part of the financing, Sojitz became the exclusive distributor for Ecochlor’s products in Japan and Taiwan and a non-exclusive distributor in China and South Korea. “We are pleased to have the support of Sojitz, both as an investor and as a distribution Partner,” said Charlie Miller, Ecochlor’s CEO.
BWT Company Boosts Equity
Ballast water treatment plant manfufacturers Ecochlor, Inc. announced today that it recently completed a $4.1 million equity financing to support its growth into the burgeoning ballast water treatment market. Investors participating in the financing included Sojitz Marine & Engineering Corporation, the shipping subsidiary of the Japanese trading company, Sojitz Corporation, and a number of individual investors. Sojitz invested $1.8 million. Since its formation in 2001, Ecochlor has raised over $12 million in equity. The company’s Ballast Water Treatment Systems use chlorine dioxide technology, which has been used in water treatment and industrial applications for decades, to disinfect water used as ballast on ships.
