Japan Marine United

Memorandum of Understanding (MOU) is Signed on Collaborative Study for Ocean-Going Liquified CO2 Carriers toward the Realization of Large-Scale International Transportation from 2028 onwards

Retrieved on: 
Wednesday, December 27, 2023
Carbon, Mitsubishi Heavy Industries, GHG, MOU, CCS, JOGMEC, Mitsubishi Corporation, Japan Marine United, Transport, MHI, Ammonia, Metal, CO2, NEDO, Shipbuilding

The four companies will proceed with this initiative aiming to apply it at the future commencement of CCS business led by the Japanese government.

Key Points: 
  • The four companies will proceed with this initiative aiming to apply it at the future commencement of CCS business led by the Japanese government.
  • Japan Organization for Metals and Energy Security (JOGMEC) launched a feasibility study on Japanese Advanced CCS Project, as a public offered project in FY2023.
  • Demand for LCO2 carriers is expected to increase in the near future to transport captured CO2 from Japan to storage areas in various CCS projects.
  • As the next initiative, the company is contributing to realize a sustainable carbon neutral society by delivering LCO2 carriers essential for establishment of CCS value chain.

Mitsubishi Shipbuilding and Nihon Shipyard Launch Joint Study for Development of an Ocean-Going LCO2 Carrier

Retrieved on: 
Monday, May 22, 2023
Carbon, Mitsubishi Heavy Industries, MHI, Ammonia, LPG, Knowledge, CCS, Japan Marine United, CO2, Shipbuilding, Natural gas, EU, LNG

TOKYO, May 22, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group and Nihon Shipyard Co., Ltd., a Tokyo-based joint venture for ship design and sales between Imabari Shipbuilding Co., Ltd. and Japan Marine United Corporation have started joint study for the development of an ocean-going liquified CO2 (LCO2) carrier.

Key Points: 
  • TOKYO, May 22, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group and Nihon Shipyard Co., Ltd., a Tokyo-based joint venture for ship design and sales between Imabari Shipbuilding Co., Ltd. and Japan Marine United Corporation have started joint study for the development of an ocean-going liquified CO2 (LCO2) carrier.
  • Nihon Shipyard is pursuing this project with the aim of completing construction of the vessel from 2027 onwards.
  • Through collaboration with multiple Japanese shipping companies and domestic/overseas energy companies, along with the construction of demonstration ship for transport of LCO2, Mitsubishi Shipbuilding is actively pursuing the development of LCO2 carriers and commercialization of LCO2 shipping.
  • Going forward, Mitsubishi Shipbuilding and Nihon Shipyard will provide the world with the LCO2 carriers necessary to establish a CCS value chain, and contribute to the realization of a carbon neutral world.

United Maritime Announces Agreement to Acquire a Modern Panamax Vessel through a Bareboat-in Charter and Delivery of Two Kamsarmax Vessels with Immediate Period Employment

Retrieved on: 
Wednesday, May 10, 2023
BPI, Bulk carrier, Japan Marine United, Panamax, Sale, Ship, Acquisition, Vessel, USEA, Universal, Hand, Airline, Shipbuilding, Rail transport, United

The bareboat charter agreement will commence in the third quarter of 2023 and includes a purchase option for United.

Key Points: 
  • The bareboat charter agreement will commence in the third quarter of 2023 and includes a purchase option for United.
  • The Company has also taken delivery of two previously announced Kamsarmax vessel acquisitions and has secured time charter (“T/C”) contracts for both ships that commenced upon the respective deliveries.
  • The Company entered into a twelve-month bareboat charter agreement with an unaffiliated third party in Japan for a 2015-built eco Japanese Panamax dry-bulk vessel of 78,020 dwt.
  • At the end of the 12-month bareboat period, United has an option to purchase the Vessel for $17.1 million.

United Maritime Announces the Acquisition of Three Dry Bulk Vessels consisting of Two Kamsarmaxes and a Bareboat Charter Agreement with a Purchase Option for one Panamax Vessel

Retrieved on: 
Thursday, February 16, 2023
Hand, USEA, Ship, Capesize, Mitsui Engineering & Shipbuilding, Japan Marine United, Universal, Vessel, Acquisition, Sale, Bulk carrier, Panamax, Shipbuilding, United

The Company also announced that it has entered into a bareboat charter agreement for one Japanese-built modern Panamax dry bulk vessel with an unaffiliated third party in Japan.

Key Points: 
  • The Company also announced that it has entered into a bareboat charter agreement for one Japanese-built modern Panamax dry bulk vessel with an unaffiliated third party in Japan.
  • The bareboat charter agreement includes a purchase option for United.
  • The Company entered into an eighteen-month, bareboat charter agreement with an unaffiliated third party for a 2013-built Japanese Panamax dry-bulk vessel of 78,173 dwt.
  • At the end of the 18-month bareboat period, United has an option to repurchase the Vessel for $12.36 million.

Establishment of Maritime and Ocean Digital Engineering Cooperation Program at the University of Tokyo

Retrieved on: 
Monday, August 8, 2022
Graduate school, MODE, MBD, Industry, Carbon, Human Frontier Science Program, Environment, University, Technology, NAPA, Car, Research, Department, Japan Marine United, Government, Language, Quality of life, MHI, International, Education, Program, Aviation, Nippon Kaiji Kyokai, Safety, NYK, Engineering, Goal, MBSE, Mitsubishi Heavy Industries, Revolution, Risk management, Management, Renewable energy, Policy

The program aims to promote and enhance digital engineering technology and skills for the maritime sector by building a cooperative simulation platform.

Key Points: 
  • The program aims to promote and enhance digital engineering technology and skills for the maritime sector by building a cooperative simulation platform.
  • MODE aims to address these challenges by using model-based development (MBD)(1) and model-based systems engineering (MBSE),(2) which are increasingly being introduced in the automobile industry.
  • MBD and MBSE enable not only optimization of complex system designs, but also the creation of a collaborative development process ("Maritime and Ocean Digital Engineering") involving a wide range of stakeholders, including shippers and operators.
  • An inaugural symposium is scheduled for the afternoon of October 4 in Ito Hall at the University of Tokyo.