Mitsui O.S.K. Lines announced Japan’s first ship-to-ship bunkering of methanol vessel fuel at anchorage.
The company teamed up with the City of Yokohama, Kokuka Sangyo Co, Idemitsu Kosan Co, and Mitsubishi Gas Chemical Company – collectively known as the “Five Parties” – to successfully complete the endeavour.
Methanol fuel was transferred from the Eika Maru to the Kohzan Maru VII in the Yokohama District of Keihin Port. The Eika Maru is a coastal methanol transport vessel operated by Kokuka Sangyo and the Kohzan Maru VII is a dual-fuel, ocean-going, methanol-transport vessel operated by MOL, and both are chartered by MGC. Continue reading “Japan completes first ship-to-ship methanol bunkering at anchorage”
In 2023, the global soya bean market (also known as soybeans and soyabeans) was valued at over USD 200.37 billion, and it is projected to grow to USD $259 billion by 2032.The shipping industry plays a significant role in supporting this global industry, but behind these impressive figures lies a perilously narrow window for safe ocean transport. Despite being loaded in sound condition and carried by well-maintained vessels on unexceptional voyages, soya beans continue to arrive in a deteriorated condition far too often. Claims related to spoilage frequently run into millions of dollars, exposing shipowners, operators, and marine insurers to significant financial risk. 
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St Kitts & Nevis International Ship Registry (