Welcome to MarineNet!

dbg

日本海事新聞ニュース Japan Maritime Daily Aug 10, 2022 (Wed)

KYOEI TANKER is considering multiple procurements with secondhand vessels and time charters for the company’s growth

Kyoei Tanker President Koji Kondo

　Kyoei Tanker has a reputation for stable management in business operations based on long-term chart ・・・続きはログインして下さいnext %E3%80%80Kyoei+Tanker+has+a+reputation+for+stable+management+in+business+operations+based+on+long-term+charter+contracts+for+VLCCs+%28Very+Large+Crude+Carriers%29.+President+Koji+Kondo+said%2C+%E2%80%9CWe+would+like+to+consider+purchasing+secondhand+vessels+and+time+charter%2C+instead+of+sticking+to+newly-built+owned+ships%2C%E2%80%9D+in+response+to+soaring+new+shipbuilding+prices.+We+asked+Mr.+Kondo%2C+who+was+appointed+president+on+June+22%2C+about+his+aspirations.+%28Interviewer+Satoshi+Yamada%29+%3Cbr%3E%E2%96%A0+Singapore+as+the+third+pillar+%3Cbr%3E%E3%80%80--I+would+like+to+ask+about+your+aspirations+for+your+appointment.+%3Cbr%3E%E3%80%80%E2%80%9CWe+are+celebrating+our+85th+anniversary+this+year.+As+the+head+of+a+company+with+a+long+history+and+tradition%2C+I+want+to+put+safe+operation+first.+Until+now%2C+our+business+has+centered+on+chartering+vessels+for+Cosmo+Oil+and+NYK%2C+who+are+also+our+shareholders.+We+will+continue+to+follow+this+basic+line+and+aim+for+further+growth.%E2%80%9D+%3Cbr%3E%E3%80%80%E2%80%9CIn+2019%2C+we+established+a+local+subsidiary+in+Singapore%2C+%E2%80%98%3Cb%3EKYOEI+TANKER%3C%2Fb%3E+SINGAPORE.%E2%80%99+We+would+like+to+develop+the+company+into+the+third+pillar+of+our+business.+The+company+also+owns+%E2%80%98MARIE%E2%80%99%2C+our+first+small+LPG+%28liquefied+petroleum+gas%29+carrier%2C+which+was+completed+in+February+this+year.%E2%80%9D+%3Cbr%3E%E3%80%80%E2%80%9CWe+want+to+be+a+company+where+our+employees+can+feel+happy.+We+will+manage+properly+for+that.+In+addition%2C+there+is+a+social+demand+for+environmental+measures.+It+will+be+difficult+for+us+to+be+the+first+to+respond%2C+but+we+will+steadily+promote+environmental+measures+starting+with+what+we+can+do.%E2%80%9D+%3Cbr%3E%E3%80%80--What+is+your+current+fleet+and+future+investment+policy%3F+%3Cbr%3E%E3%80%80%E2%80%9CWe+have+15+ships.+The+breakdown+is+7+VLCCs%2C+2+VLGCs+%28Very+Large+LPG+Carriers%29%2C+1+small+LPG+carrier%2C+1+MR+%28Medium+Range%29+product+carrier%2C+and+4+dry+bulk+carriers.+There+is+only+one+newbuilding+order+backlog%2C+which+will+be+a+20%2C000+cubic+meter+midsize+LPG+carriers.%E2%80%9D+%3Cbr%3E%E3%80%80%E2%80%9CThere+is+one+VLCC+that+will+be+15+years+old+this+year.+Although+it+is+time+to+replace+it%2C+it+will+be+difficult+to+find+a+replacement+due+to+the+rapid+rise+in+ship+prices.+Other+VLCCs+are+state-of-the-art+vessels+built+after+2014%2C+so+they+will+not+be+subject+to+replacement+for+the+time+being.%E2%80%9C+%3Cbr%3E%E3%80%80%E2%80%9CSince+the+rise+in+ship+prices+is+remarkable%2C+we+are+suspending+new+orders.+The+next+time+we+invest+in+ships%2C+we+will+probably+use+low-carbon+alternative+fuels.+It+is+difficult+to+determine+whether+it+is+LNG+%28liquefied+natural+gas%29+or+ammonia%2C+but+we+will+proceed+with+preparations+for+fuel+conversion.%E2%80%9D+%3Cbr%3E%E3%80%80--How+do+you+aim+for+growth+in+a+situation+where+it+is+difficult+to+place+orders+for+new+ships%3F+%3Cbr%3E%E3%80%80%E2%80%9CCurrently%2C+all+of+our+ships+are+owned+by+our+company%2C+but+I+don%E2%80%99t+think+we+need+to+stick+to+our+own+ships.+We+buy+a+secondhand+vessel+in+good+condition+without+forcibly+ordering+a+ship+with+a+high+price.+Alternatively%2C+a+new+ship+or+an+existing+ship+can+be+time+chartered.+We+rent+them+out+to+expand+our+customer+base.+We+see+such+a+strategy+as+an+option.%E2%80%9D+%3Cbr%3E%E3%80%80%E2%80%9CNew+ships+take+two+to+two+and+a+half+years+to+be+delivered.+Secondhand+vessels%2C+on+the+other+hand%2C+are+readily+available.+Therefore%2C+secondhand+vessels+have+little+market+fluctuation+risk.+Since+we+need+a+large+amount+of+cash+temporarily%2C+we+cannot+buy+a+secondhand+vessels+if+we+do+not+have+the+financial+resources%2C+but+if+we+have+the+opportunity%2C+we+would+definitely+consider+it.%E2%80%9D+%3Cbr%3E%E3%80%80--What+about+the+ships+owned+by+the+Singapore+corporation%3F+%3Cbr%3E%E3%80%80%E2%80%9CIt+owns+2+Panamax+bulkers%2C+1+MR+product+carrier%2C+and+1+small+LPG+carrier%2C+for+a+total+of+4+vessels.+The+bulkers+and+the+MR+are+on+short-term+contracts.+The+small+LPG+carrier+is+engaged+in+the+long-term+contract+with+a+leading+European+shipper.+It+also+plans+to+own+midsize+LPG+carriers+that+will+be+completed+in+2024.%E2%80%9D+%3Cbr%3E%E2%96%A0+Strengths+of+familiarity+with+VLCC+%3Cbr%3E%E3%80%80--What+are+your+company%E2%80%99s+strengths%3F+%3Cbr%3E%E3%80%80%E2%80%9CIt+is+being+familiar+with+VLCC%2C+which+is+tricky+to+handle.+Compared+to+other+types+of+vessels%2C+VLCCs+are+much+more+difficult+to+maneuver+and+handle+cargo.+Knowledge+and+experience+related+to+maritime+technology+of+VLCC+is+our+greatest+strength.%E2%80%9C+%3Cbr%3E%E3%80%80%E2%80%9CCrude+oil%2C+a+fossil+fuel%2C+is+facing+increasing+pressure+against+the+backdrop+of+the+trend+toward+decarbonization.+But+for+the+time+being%2C+it+will+remain+an+essential+source+of+energy.+As+long+as+there+is+demand+for+transportation%2C+we+want+to+meet+the+expectations+of+shippers.%E2%80%9D+%3Cbr%3E%E3%80%80--How+do+you+plan+to+be+environmentally+friendly%3F+%3Cbr%3E%E3%80%80%E2%80%9CAs+I+mentioned+earlier%2C+we+are+making+preparations+in+anticipation+of+fuel+conversion.+Training+for+young+seafarers+to+acquire+qualifications+for+boarding+gas+ships+and+gas-fueled+ships+will+start+within+this+year.+Ship+management+of+our+owned+VLGCs+is+outsourced+to+the+NYK+Group.+We+will+begin+training+by+having+our+young+crew+members+board+those+ships.%E2%80%9D+%3Cbr%3E%E3%80%80%E2%80%9CWe+have+been+continuously+training+seafarers+to+man+the+VLCC.+Seafarers+with+experience+on+board+VLCCs+will+find+it+relatively+easy+to+deal+with+gas+ships+and+gas-fueled+ships.+We+will+increase+the+number+of+maritime+engineers+who+are+qualified+to+board+gas+ships+and+gas-fueled+ships+and+respond+to+alternative+fuels+with+low+environmental+impact.+At+the+same+time%2C+we+will+respond+to+needs+for+transportation+of+new+energy+sources+such+as+ammonia.%E2%80%9C+%3Cbr%3E%E3%80%80Koji+Kondo+graduated+from+the+Faculty+of+Business+and+Commerce%2C+Keio+University+in+1983+and+joined+Showa+Line.+He+transferred+to+NYK+in+1998+following+the+merger+of+Showa+Line+and+NYK.+He+became+Head+of+Oil+Group+in+2010%2C+Head+of+Tanker+Group+in+2013%2C+Corporate+Officer+in+2016%2C+Managing+Director+of+Kyoei+Tanker+in+2018%2C+Senior+Managing+Director+and+Representative+Director+in+2021%2C+and+assumed+his+current+position+in+June+2022.+62+years+old.+%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cbr%3EDisclaimer%3A+The+English+translations+provided+through+this+service+are+the+result+of+translations+made+by+The+Japan+Maritime+Daily+or+automatically+and+mechanically+translated+by+The+Japan+Maritime+Daily+using+an+automated+translation+system+provided+by+a+third+party+after+certain+processing+of+the+Japanese+content+licensed+by+the+third+party.+In+terms+of+the+English+translation%2C+The+Japan+Maritime+Daily+and+MarineNet+Co.%2C+Ltd.+make+no+warranty+or+burden+of+any+kind%2C+express+or+implied%2C+including+its+accuracy%2C+reliability%2C+validity+or+fitness+for+a+particular+purpose.+MarineNet+Users+should+fully+understand+that+this+service+uses+an+automated+translation+system+that+automatically+and+mechanically+recognizes+and+analyzes+information+and+produces+results.+The+users+should+understand+the+above+conditions+before+using+this+service.%3Cbr%3E%3Cbr%3E%E5%85%8D%E8%B2%AC%E4%BA%8B%E9%A0%85%EF%BC%9A%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E4%BB%8B%E3%81%97%E3%81%A6%E6%8F%90%E4%BE%9B%E3%81%95%E3%82%8C%E3%82%8B%E8%8B%B1%E8%A8%B3%E3%81%AF%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%BD%9C%E6%88%90%E3%81%99%E3%82%8B%E3%81%8B%E3%80%81%E5%8F%88%E3%81%AF%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8B%E3%82%89%E4%BD%BF%E7%94%A8%E8%A8%B1%E8%AB%BE%E3%82%92%E5%8F%97%E3%81%91%E3%81%9F%E6%97%A5%E6%9C%AC%E8%AA%9E%E3%81%AE%E3%82%B3%E3%83%B3%E3%83%86%E3%83%B3%E3%83%84%E3%82%92%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%B8%80%E5%AE%9A%E3%81%AE%E5%87%A6%E7%90%86%E3%82%92%E8%A1%8C%E3%81%A3%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8C%E6%8F%90%E4%BE%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%A6%E8%87%AA%E5%8B%95%E7%9A%84%E3%83%BB%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E7%BF%BB%E8%A8%B3%E3%81%97%E3%81%9F%E7%B5%90%E6%9E%9C%E3%81%A7%E3%81%82%E3%82%8A%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%80%81%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%81%AF%E3%80%81%E5%BD%93%E8%A9%B2%E8%8B%B1%E8%A8%B3%E3%81%AB%E9%96%A2%E3%81%97%E3%81%A6%E3%80%81%E3%81%9D%E3%81%AE%E6%AD%A3%E7%A2%BA%E6%80%A7%E3%80%81%E4%BF%A1%E9%A0%BC%E6%80%A7%E3%80%81%E5%A6%A5%E5%BD%93%E6%80%A7%E5%8F%8A%E3%81%B3%E7%89%B9%E5%AE%9A%E7%9B%AE%E7%9A%84%E3%81%B8%E3%81%AE%E9%81%A9%E5%90%88%E6%80%A7%E3%82%92%E5%90%AB%E3%82%81%E3%80%81%E6%98%8E%E7%A4%BA%E5%8F%88%E3%81%AF%E9%BB%99%E7%A4%BA%E3%81%AB%E3%82%82%E3%80%81%E3%81%84%E3%81%8B%E3%81%AA%E3%82%8B%E4%BF%9D%E8%A8%BC%E3%82%82%E3%81%97%E3%81%BE%E3%81%9B%E3%82%93%E3%80%82%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%83%A6%E3%83%BC%E3%82%B6%E3%83%BC%E3%81%AF%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%8C%E3%80%81%E8%87%AA%E5%8B%95%E7%9A%84%E3%81%8B%E3%81%A4%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E6%83%85%E5%A0%B1%E3%82%92%E8%AA%8D%E8%AD%98%E3%83%BB%E5%88%86%E6%9E%90%E3%81%97%E3%81%A6%E7%B5%90%E6%9E%9C%E3%82%92%E5%87%BA%E5%8A%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E4%BD%BF%E7%94%A8%E3%81%97%E3%81%9F%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%A7%E3%81%82%E3%82%8B%E3%81%93%E3%81%A8%E3%82%92%E5%8D%81%E5%88%86%E3%81%AB%E7%90%86%E8%A7%A3%E3%81%97%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E5%88%A9%E7%94%A8%E3%81%99%E3%82%8B%E3%82%82%E3%81%AE%E3%81%A8%E3%81%97%E3%81%BE%E3%81%99%E3%80%82%3Cbr%3E