Category Archives: Japan

Magnates Investor News offers a comprehensive collection of investing updates, investment news and investment opportunities, from Japan.

Aries Leader – First Japanese-Built Post-Panamax Car Carrier

The NYK Group of Japan is going green. Instead of the traditional aurora blue hulls, the new green energy pure car carriers will be painted green. This is not just a fashion statement. It is a tribute to the green energy that is now being implemented on the new Aries Leader pure car carrier, built by Shin Kurushima Dockyard Co. Ltd. Today, May 27, 2014, NYK took physical control over their purchased vessel, which is the first Japanese-built post-Panamax car carrier. The carrier was built at the Onishi Shipyard in the Ehime prefecture.

aries leader car shippingThe pure car carrier is considered green because the manufacturers predict a large reduction in the emissions of carbon dioxide per unit in a side by side comparison with existing large pure car carriers, despite the fact that the Aries Leader has an increased capacity by seven thousand (7,000) units. The reduction of carbon dioxide emissions is credited to the implementation of two of the latest carrier technologies. The first energy-saving technology is the air lubrication system, which uses air bubbles to reduce the resistance on the ship’s hull.

This system is expected to not only produce up to a fifteen percent carbon dioxide emissions curtailing, but also expressive fuel retention. The second energy-saving technology is the hybrid turbocharger, which uses the excess power created by the rotations of the turbine as another way to generate electric power. The use of this hybrid turbocharger shows a drastic difference in carbon dioxide emissions from that of its diesel generator predecessor. The Aries Leader also boasts the use of water-emulsified fuel – that is, fuel that has had water added to it that is used in the boiler. The addition of water to the fuel is expected to even further reduce the amount of carbon dioxide emissions, hereby making the Aries Leader one of the most energy-efficient pure car carriers to date.

Japan Shipping Companies Prepare For Rise in Asian LNG Demand

japan lng asia investmentFollowing the Fukushima disaster in 2011 the Japanese people lost all faith in nuclear power and revolted against the industry. with no firm plan for restarting the nuclear reactors, the country has had to look to other sources of energy to accommodate for the 30 percent of total generation capacity that the nuclear energy used to provide.

LNG was one of the energy sources that will be expected to fill a large share of the gap left by nuclear power, and Japan’s top shipping companies are prepared to place orders for an estimated 90 new liquefied natural gas (LNG) tankers by 2020, to meet the rising demand. The shipping vessel investment is estimated to have a total value of 1.8 trillion yen ($17.61 billion).

Fueled by demand from China and South Korea, the amount of LNG traded (globally) is expected to increase to 400 million tonnes a year by 2020, up from 250 million tonnes last year; and Japanese shipping companies want to prepare for the expected rise in demand in Asia. In doing so, it has been reported that Nippon Yusen KK, the largest shipper in Japan, is set to increase its LNG tanker fleet to 100 from about 70; Mitsui OSK Lines Ltd., the second largest shipping company in the country, will increase its LNG fleet to 110 from a current size of 70; and Kawasaki Kisen Kaisha Ltd. plans to buy 20 new LNG tankers before 2020.