Sojitz News

Survitec won a multi-year servicing contract from Sojitz Aerospace, on behalf of the Japanese Maritime Self-Defence Force (JMSDF), to service Submarine Escape Immersion Equipment (SEIE) MK11 suits carried on board its submarine fleet.With this contract, the company sets a new precedent, establishing an in-country servicing capability to accommodate the JMSDF’s SEIE servicing and maintenance requirements through a strategic partnership with Kawasaki head-quartered Marinair Liferaft Co. Ltd.Marinair Liferaft Co.

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…

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 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…

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…

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.

Oman's Al Batinah Power Co and Al Suwadi Power Co, which launched twin initial public share offers on Sunday and are owned by the same consortium, will double their profits from 2014 to 2018 as they pay off start-up costs, a top executive said. The firms, whose owners aim to raise a combined 62.7 million rials ($163 million) through the sale of 35 percent of each company, together provide just over a quarter of the electricity for Oman's main power grid - around the capital, Muscat. The companies were required to go public and list on the sultanate's bourse under the terms of their licences, having launched operations in April 2013.

Chevron Corp. and Transocean Ltd. are being sued for $22 billion in environmental damages in Brazil, double initial claims, after a federal prosecutor filed a second lawsuit over oil spills off the nation’s coast, according to Bloomberg. Chevron committed “a series of errors” which led to the March spill at Frade, the second incident at the offshore oil project, the federal prosecutors’ office said yesterday. Prosecutor Eduardo Santos de Oliveira is also seeking to halt operations at Frade and block San Ramon, California- based Chevron from transferring profits from Brazil. “The oil spill at the Frade field hasn’t been contained,” Oliveira said.

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.

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.

BMT JFA Consultants, a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has successfully completed a series of long term engineering consultancy services for the Southdown Magnetite Project, culminating in a major marine works Feasibility Study in 2011. The Southdown Magnetite Project is a joint venture between Grange Resources Ltd (Grange) and Sojitz Resources & Technology Pty Ltd (Sojitz) and encompasses the…

GAC has appointed marine sales engineer Yuichi Adachi as Marketing Manager - Shipping for Japan. He joins an established team – Senior Marketing Manager Ichiro Tanami and Marketing Manager Jose Miyazaki - dedicated to serving the interests of the Group’s Japanese customer base. Adachi brings to his new role extensive contacts with the country’s ship-owning and building community, having served for the past three years as Local Division Manager of ABB K.K. Japan’s Marine & Crane Division, responsible for marketing and sales of specialised electric propulsion systems.