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COSCO Sells Vintage VLCC for Steep Discount
COSCO Shipping has sold the 2006-built, scrubber-fitted VLCC Cosgrand Lake (299,000 dwt) for around $35 million to undisclosed buyers, shipbrokers report.The Ja…
Japan
Japan’s Rice Prices on Rise Again in Test for New Prime Minister
At a farmer’s market near Tokyo, more than 100 shoppers queued for the chance to buy Japanese rice at 500 yen ($3.32) per kilogram by carefully piling gra…
Carbon Emissions
Mazda Forms EU Carbon Emissions Pool With Changan Joint Venture
Japanese automaker Mazda (7261.T) has partnered with its equal-share joint venture involving China's Changan (000625.SZ) to combine carbon credits. This arr…
Japan
Japanese and Singaporean Players Team Up to Accelerate Fleet-Wide Decarbonization
Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) has signed a memorandum of understanding with Singapore-based Neptune Robotics to enhance fue…
Solar Module
Japanese Startup Debuts Silver-Colored BIPV Solar Module
Japanese startup Monochrome Co., Ltd. has introduced a new silver-colored building-integrated photovoltaic (BIPV) panel this week, expanding its Roof-1 product …
Japan
Japan’s Taisei Offers $878M to Buy Rival Toyo Construction
Japanese construction giant Taisei Corporation has announced a US$878 million (¥130 billion) acquisition of Toyo Construction at ¥1,750 per share.Tokyo&…
Ammonia
MOL and ITOCHU to Collaborate on Ammonia Bunkering Demonstration in Singapore
Japanese shipping company Mitsui O.S.K. Lines (MOL) and trading firm ITOCHU Corporation have signed a joint development agreement to conduct ammonia bunkering d…
Japan
IQM and TOYO Team to Boost Quantum Computing Adoption in Japan
TOYO Corporation, a leading Japanese firm specializing in measurement technology, has entered into a distribution agreement with IQM Quantum Computers, a Finnis…
Metal
Alcoa and Japanese Partners Explore Gallium Production in Western Australia
Alcoa of Australia, a subsidiary of U.S.-based aluminum producer Alcoa, has partnered with Japan Australia Gallium Associates (JAGA), a joint venture between So…
Biofuel
NYK Introduces Regular Use of Bio-LNG Fuel on Car Carriers
Japanese shipping company NYK has begun using bio-LNG fuel on its LNG-powered car carriers, marking a significant step toward sustainable maritime operations. T…
Japan
Japan Vows More US Rice Imports Within Tariff-Free Quota
Japanese Prime Minister Shigeru Ishiba announced that Japan will increase rice imports from the United States while staying within the existing tariff-free quot…
Japan
‘World’s First’ LCO2/Methanol Carrier Gets Stamp of Approval
Japanese shipping company Mitsui O.S.K. Lines (MOL) and Mitsubishi Shipbuilding, a division of Mitsubishi Heavy Industries (MHI), have received approval in prin…
Biofuel
MOL-Operated Coal Carrier Embarks on First Biofuel Trial for Japanese Electric Utility
Mitsui O.S.K. Lines (MOL), a Japanese shipping company, has initiated technical trial voyages for its coal carrier Hokulink, operated for Hokuriku Electric Powe…
China
Marubeni and Sinopec to Explore Lower-Carbon Marine Fuels in Strengthened Collaboration
Marubeni Corporation, a Japanese conglomerate, has entered into a new strategic partnership with Sinopec Fuel Oil Sales, a subsidiary of China Petroleum & Chemi…
Offshore Wind Power
Japanese Company Takes Part in Spain’s Floating Wind Demonstration Project
Japan’s Electric Power Development, known as J-Power, has joined the WHEEL floating offshore wind demonstration project in Spain, led by Madrid-based comp…
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