Mitsui O.S.K. Lines, Ltd, MOL Ferry Co., Ltd, Japan Petroleum Exploration Co., Ltd and Hokkaido Gas Co., Ltd have announced that basic agreements were signed between MOL and JAPEX, and MOL and Hokkaido Gas for supply of LNG fuel to two LNG-fuelled ferries.
Mitsui O.S.K. Lines, Ltd, Ferry Sunflower Ltd, and Kyushu Electric Power Co., Inc. have announced that the Sunflower Kurenai has received its first LNG fuel supply at the Port of Beppu in Oita Prefecture.
Woodside Energy and the Japan Bank for International Cooperation have signed a memorandum of understanding aimed at securing a stable supply of energy for Japan and to assist in achieving its decarbonisation goals.
An average of 49.0 billion ft3/d of LNG was traded globally during 2021, an increase of 2.2 billion ft3/d from 2020, according to The LNG Industry GIIGNL Annual Report 2022.
Shell has signed separate non-binding Memorandums of Understanding with its long-standing LNG buyers Tokyo Gas and Osaka Gas.
The LNG bunkering vessel, which is planned to be completed in March 2024, will become the first to operate in West Japan.
ClassNK has issued an approval in principle for a methane oxidation catalyst designed for LNG-fuelled engines.
Rystad Energy’s Senior Gas Markets Analyst, Kaushal Ramesh, discusses gas market price levels, global demand, as well as the uncertainty caused by the new Omicron variant.
NYK Line, Itochu Enex, Kyushu Electric Power Company, and Saibu Gas are to discuss the commercialisation of a new business to supply LNG as a marine fuel to ships in western Japan.