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Monday, November 23, 2020

Toyota Tsusho Corporation News

Dry bulk carriers are the majority (195 ships/25.3 million DWT) of the "K" Line fleet. Photo: "K" Line

Interview: Toyohisa Nakano Discusses "K" Line Green Initiatives

Last year Kawasaki Kisen Kaisha, Ltd. (“K” Line) – one of the world’s largest and most influential ship owners with 478 ships comprising 40.5 million DWT and more than 6,000 employees – celebrated its 100th anniversary. Toyohisa Nakano, Executive Officer, in charge of Ship Technical and Environmental Affairs for “K” Line, is a 30+ year veteran of the company. He discusses with Maritime Reporter & Engineering News the ship owner’s strategy to meet ever-tightening ship emission regulations.Please provide an overview of the ships you have on order today.We placed an order for 210…

 Location of East Port Said (Photo: NYK Line)

Partners to Develop Egypt's First Exclusive RoRo Terminal

NYK, Bolloré Africa Logistics (Bolloré) and Toyota Tsusho Corporation (Toyota Tsusho) have signed an agreement with the General Authority for the Suez Canal Economic Zone to set up and operate a dedicated automotive terminal at East Port Said in Egypt.The automotive market in Egypt is expected to expand along with population growth and economic development, and the Alexandria port, which currently handles almost all of Egypt’s vehicle imports, is a multipurpose port that sees a variety of cargo and lacks storage space.

Colombo Dockyard to Build Two Vessels for Iraq

The leader of Shipbuilding Industry in Sri Lanka Colombo Dockyard PLC (CDPLC) has successfully secured a contract with Toyota Tsusho Corporation (TTC) of Japan to build two vessels; Pilot Station Vessel and Buoy Tender Vessel, for General Company for Port of Iraq (GCPI). TTC and GCPI signed the Prime Contract on 27th April 2018 in Dubai. Subsequent to the signing of the Prime Contract, TTC signed the Sub Contract Agreement with CDPLC as TTC’s preferred Shipyard for the construction of these vessels on 2nd May 2018 in Japan.

NYK Signs Charter with EDF LNG Shipping

Japanese shipping company NYK Line announced that it signed a contract with EDF LNG Shipping, a subsidiary of Electricité de France (EDF), to charter a newly built LNG carrier for a total of seven years, with optional extension periods for up to 13 more years. The vessel will be built by Hyundai Samho Heavy Industries in Korea and is due to be delivered on April 30, 2020. The vessel will be fitted to EDF’s specific requirements and will have a 174,000-cubic meter capacity membrane…

K-Line, NYK Line, Chubu Electric, Toyota Tsusho Eye LNG Bunkering

Kawasaki Kisen Kaisha (K Line), Chubu Electric Power, Toyota Tsusho Corporation and Nippon Yusen Kabushiki Kaisha (NYK Line) have decided to work in the field of liquefied natural gas (LNG) bunkering in Japan. A joint statement that LNG is expected to become an important alternative to heavy fuel oil due to its relatively low carbon footptint, which will enable ships to meet increasingly stringent international regulations on emissions. The shipping forms K Line and NYK Line, together with electric utilities provider Chubu Electric Power and trading company Toyota Tsusho Corporation…