Itochu Of Japan News

Japan imported 8.3 million metric tons of LNG in January, an increase of 1.06 million metric tons compared to the previous year. The data, released by the Japanese Ministry of Finance, also reveals that the amount the country pays for LNG imports had increased by 6.7 percent since 2015. Japan is one of the largest LNG importers in the world and it is expected that gas and LNG will continue to remain a key energy source in the future. The nation’s reliance on LNG rose in 2011 following the closure of the country’s nuclear reactors…

The ship maker has freshly reached a 2 billion USD deal to build automobile-carrying freighters for the Hoegh Autolier Company of the Netherland, in addition to a contract with another Dutch company, Rensen, for four freighters worth 12m Euro. In an effort to meet high demands from overseas customers, the Nam Trieu company has been spending $168.75m in upgrading technology and expanding workplace to increase its building and repairing capacity to 100,000 tons. The company is expected to recruit an additional 3,000 workers this year to bring its total staff to 8,000.