Japanese shipyard Mitsubishi Heavy Industries, Ltd. (MHI) and their joint venture partner Imabari Shipbuilding received an order today from Mitsui & Co., Ltd for two next-generation liquefied natural gas (LNG)...

Japan’s Mitsui OSK Lines Ltd (MOL) will supervise the construction of six new very large ethane carriers (VLECs) at Samsung Heavy Industries and subsequently manage these vessels on a long...

Mitsui & Co. announced today plans to charter eight LNG carriers to deliver liquefied natural gas from the Cameron LNG Export Terminal to its customers in Japan.  The company notes...

RIO DE JANEIRO, April 16 (Reuters) – Brazil’s state-run oil company Petroleo Brasileiro SA and Japanese trading house Mitsui Corp will study building a liquefied natural gas (LNG) terminal in...

Record Asian oil demand is spurring the region’s refineries to charter the most supertankers in a year, driving shipping rates to the highest level since 2010.

Kawasaki Heavy Industries fired Satoshi Hasegawa as president and said it ended talks to merge with Mitsui Engineering & Shipbuilding Co., two months after denying the two companies had entered discussions to combine.

Kawasaki Heavy Industries Ltd., Japan’s second-biggest heavy-equipment maker, removed Satoshi Hasegawa as president as it ended merger talks with Mitsui Engineering & Shipbuilding Co.