🚢Decision of commercialization of LNG fuel supply for ships in Japan and joint venture establishment

🚢Decision of commercialization of LNG fuel supply for ships in Japan and joint venture establishment

As announced on January 26, 2018, the four companies have been studying to commercialize LNG fuel supply for ships in the Chubu district, but now they have agreed to commercialize the four companies jointly, Today, we established two joint venture companies concerning LNG fuel sales business.

Outline of the joint venture

Company name

① Central LNG Marine Fuel Co., Ltd.

② Central LNG Shipping Co., Ltd.

Business contents

① LNG fuel sales business

② Ship ownership business

Shareholder

Kawasaki kisen, Chubu Electric Power, Toyota Tsusho, NYK Line

Established date

May 10, 2018

Press Room | Toyota Tsusho Corporation

http://www.toyota-tsusho.com/press/detail/180510_004171.html

Japanese quartet sets up two LNG bunkering joint ventures – LNG World News

https://mobile.lngworldnews.com/japanese-quartet-sets-up-two-lng-bunkering-joint-ventures/