K Line Orders Three Malaccamax VLCCs at Japan's Nihon Shipyard
Kawasaki Kisen Kaisha has returned to the VLCC newbuilding market with three 311,000 dwt malaccamax tankers ordered at Nihon Shipyard for delivery from 2029.
Japan Reviews Shipping Tax Package as an Economic Security Question
Japan's Maritime Bureau will consider four tax measures affecting international shipping as a single package in fiscal 2027 tax reform negotiations.
K Line Move Makes Kobe Terminal Handler of 40 Percent of Port Trade
K Line will begin operations at Kobe International Container Terminal on 1 September, a move that will see the facility handle nearly 40 percent of the port's foreign trade boxes.
Japan Opens $95m Subsidy Pot for Hydrogen, Ammonia and Battery Ships
Japan has opened a five-year subsidy programme worth $95m to accelerate orders for ships powered by hydrogen, ammonia, methanol and batteries, covering up to half the equipment cost.
Labor Shortage Caps Japan's Plan to Double Shipbuilding Capacity by 2035
Japan is putting $6.5 billion behind a plan to double shipbuilding output by 2035, but orders have fallen 15 percent this year because yards cannot staff the work.
Philippines-Japan Military Logistics Pact Enters Into Force
A defence pact allowing Japan and the Philippines to exchange military supplies and services has come into force, deepening a security partnership shaped by China's regional activity.
Japan Convenes Yards, Owners and JERA to Restart LNG Carrier Building
Japan's transport ministry has brought Imabari, Kawasaki Heavy Industries, Namura and JERA together to put numbers on order volumes, yard investment and costs for domestic LNG carrier construction.
One Worker Dies in Tanker Fire at Kanasashi Shipyard in Shizuoka
A man in his 40s died and nine were hospitalised after fire broke out inside a 955-tonne tanker at Kanasashi Heavy Industries in Shizuoka, with welding work under investigation.
Foreign-Build Plan for U.S. Warships Meets Congressional Resistance
A White House memorandum would allow the first two ships of a U.S. Navy series to be built in South Korea or Japan, drawing objections from lawmakers in shipbuilding districts.
Japan Takes Delivery Of Large Hybrid Cable Laying Vessel
A Japanese contractor has taken delivery of a 150 metre hybrid cable laying vessel with 9,000 tonnes of carousel capacity, in a project valued above 200 million dollars.
Japan Commits Public And Private Funds To Shipbuilding Revival
Japan is committing public and private funds to a shipbuilding revival, targeting a trillion-yen investment and roughly double the output by 2035.
Japanese Owner's Quarterly Profit Rises Despite Weaker Container Contribution
Mitsui O.S.K. Lines lifted first-quarter net profit by around sixteen percent as dry bulk swung to profit and the container contribution shrank.
Chinese And Russian Warships Complete Circumnavigation Of Japan
A joint Chinese and Russian naval group has completed a circumnavigation of Japan and its outer islands, tracked throughout by Japanese destroyers and maritime patrol aircraft.
Japanese regional banks merge to create $12.8bn ship finance heavyweight
Two of Japan's most significant regional maritime lenders, Iyogin Holdings and Ehime Bank, have agreed to work toward a merger that would create a combined ship finance book worth $12.8 billion.
NYK takes full ownership of open-hatch specialist Saga Welco
NYK has taken full control of Norwegian open-hatch operator Saga Welco and its 48-vessel fleet.
Mitsubishi launches a two-helicopter patrol ship for Japan's coast guard
A Japanese shipbuilder has launched a large patrol vessel for the coast guard, built to operate around remote islands and distant waters.
Philippines confirms deal to acquire five Japanese Abukuma-class escorts
The Philippines has agreed to acquire five soon-to-be-retired Abukuma-class destroyer escorts from Japan, boosting its navy while new warships are built.
Barrelet takes the helm at ONE
Till Ole Barrelet has taken over as chief executive of Ocean Network Express, succeeding founding boss Jeremy Nixon at the world's sixth-largest containerline.
Nissen Kaiun closes in on double-digit bulker sell-off
Japan's Nissen Kaiun is nearing double-digit vessel sales for the first half of 2026, with the 183,000 dwt Lady Deena reportedly sold to Chinese buyers for around $70m.
Equinor pulls out of Japan offshore wind market
Equinor is ending its offshore wind activities in Japan and will close its Tokyo office by the end of 2026, citing a strategic refocus on integrated power markets.
Modec bags work on Mozambique's next FLNG development
Modec will supply the SOFEC internal turret mooring system for Eni's Coral Norte FLNG project off Mozambique, which is set to double the Coral hub's capacity to 7m tonnes a year.
Engine shortage returns to haunt shipyards — now with AI bidding for the same parts
A shortage of marine engines is quietly capping shipyard output, echoing the 2007 boom. The new twist: AI data centres are now bidding for generator sets from the same supply chain.
Never miss a move
Maritime, in motion. In your inbox.
The vessel sales, incidents, and market moves worth knowing, sent as they happen.