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December 29, 2021
Japan’s Cabinet approved a record 5.4 trillion yen (U.S. $47 billion) for its defense budget for fiscal year 2022, marking a record high for eight consecutive years, amidst Japanese concern about its capabilities to meet the threats posed by China, North Korea and Russia. The budget covers a wide field ranging from procurement, upgrades, capability […]
November 22, 2021
Japan Gold Corp. is pleased to announce the appointment of Mr. Toru Tokuhisa to the Board of Advisors and Mr. Yoshio Nojima as the General Manager of Business Administration.Mr. Toru Tokuhisa Mr. Tokuhisa worked with the Japan Bank for International Cooperation for 30 years and provided various types of financing to overseas projects including project financing to various mining and oilgas development projects, one ...
August 4, 2021
Asian Shares Mostly Higher On Growth Optimism CANBERA (dpa-AFX) - Asian stocks rose broadly on Wednesday, as optimism for strong earnings growth and expectations of continued support from central banks offset renewed concerns about the rapid spread of the delta variant of the coronavirus. Chinese shares advanced after the latest survey from Caixin showed the services sector in the country expanded at a faster rate in July with a services PMI score of 54.9, up from 50.3 in June. The survey also ...
May 27, 2021
Three B&W 6G70 ME-GI dual-fuel engines constructed by MAN Energy Solutions were chosen to be built in three 210,000 dwt bulkcarriers for EPS.
May 11, 2021
Seanergy Announces Delivery of Capesize M/V Flagship Seanergy Maritime Holdings Corp. announced today that it has taken delivery of the 176,387 dwt Capesize bulk carrier, built in 2013 by Mitsui Engineering & Shipbuilding Co., Ltd. in Japan, which was renamed M/V Flagship (the “Vessel”). The Vessel was subsequently financed through a leasing agreement with Cargill International SA (“Cargill” or the “Charterer”). Pursuant to the agreement, the Company has chartered back the Vessel on...
April 8, 2021
If it eventuates, the $3.6 billion deal would represent the largest-ever arms transfer between the two nations. April 08, 2021 Japan’s Mitsubishi Heavy Industries launches the JS Mogami, the second completed Mogami-class frigate, in a March 3 ceremony at the company’s Nagasaki Shipyard & Machinery Works. Credit: Facebook/Japan Maritime Self-Defense Force Advertisement At the end of March, I reported on the agreement penned between Japan and Indonesia, opening the way to Japanese defense exp...
March 10, 2021
Last week, the Japan Maritime Self-Defense Force (JMSDF) commissioned Hibiki-class ocean surveillance ship JS Aki (AOS-5203).
March 4, 2021
Japan commissions third Hibiki-class ocean surveillance ship 04 March 2021 by Kosuke Takahashi The Japan Maritime Self-Defense Force (JMSDF) commissioned its third Hibiki-class ocean surveillance ship in a ceremony held on 4 March in the Japanese city of Tamano, southern Okayama Prefecture. The JMSDF commissioned Aki , its third Hibiki-class ocean surveillance ship, in a ceremony held on 4 March in Tamano City, southern Okayama Prefecture. (JMSDF) Named Aki (with pennant number AOS 5203), the s...
March 3, 2021
Lead next-gen multi-mission frigate launched for JMSDF March 3, 2021, by Naida Hakirevic Japanese shipbuilder Mitsubishi Heavy Industries (MHI) has launched JS Mogami (FFM-1), the first-in-class of next-generation multi-mission frigates ordered by the Japan Maritime Self-Defense Force (JMSDF). The naming and launching ceremony took place at MHI’s Nagasaki Shipyard & Machinery Works on 3 March 2021. MAR,the naming and launch ceremony was held at N...