Global Chartering and Kambara Kisen Forge Strategic Alliance on LNG Dual-Fuel Kamsarmax Vessel
London, 19 May 2025 – Global Chartering Limited, a premier provider of dry bulk maritime transportation solutions, today announced a strategic partnership with KAMBARA KISEN Co., Ltd., a distinguished name in global shipping. The collaboration begins with a long-term time charter agreement for a next-generation, dual-fuel KAMSARMAX bulk carrier—underscoring both companies’ shared commitment to environmental stewardship and regulatory leadership.
This initiative is a direct response to the rapidly evolving regulatory landscape, including the European Union Emissions Trading System (EU ETS), FuelEU Maritime, and forthcoming International Maritime Organization (IMO) measures aimed at decarbonizing the shipping industry. The vessel will be equipped to operate on marine gas oil (MGO), liquefied natural gas (LNG), and advanced low-carbon alternatives such as e-LNG and bio-LNG—supporting the transition to a more sustainable fuel mix.
Through this partnership, Global Chartering and KAMBARA KISEN aim to significantly reduce greenhouse gas emissions while enhancing operational efficiency. The collaboration is structured to not only meet but exceed current and anticipated regulatory requirements, positioning both companies at the forefront of sustainable maritime transport.
KAMBARA KISEN’s competitive offering and unwavering commitment to environmentally responsible operations have been instrumental in establishing Global Chartering as a flagship charterer in this initiative. The two companies will work in close coordination to optimize fuel flexibility, ensure regulatory compliance across global voyages, and maintain a competitive advantage in an increasingly sustainability-driven market.
This agreement also lays the groundwork for a broader, long-term strategic alliance focused on innovation, decarbonization, and commercial excellence. Further collaborative opportunities are already under discussion, aligned with the partners’ mutual environmental and business objectives.
Yannis Haramis, Chief Executive Officer of Global Chartering Limited, stated:
“This collaboration with KAMBARA KISEN marks a pivotal milestone in our decarbonization strategy. By integrating our operational expertise with KAMBARA’s advanced vessel technology and green fuel capabilities, we are laying the foundation for a cleaner, more resilient maritime future.”
Hirotatsu Kambara, President and Representative Director of KAMBARA KISEN Co., Ltd., commented:
“This partnership, which unites the superior environmental performance of our vessels with Global Chartering’s operational excellence, represents a significant advancement in our shared mission to reduce the environmental impact of maritime transport. KAMBARA KISEN remains committed to accelerating the development of next-generation, fuel-efficient vessels and delivering zero-emission solutions that provide both environmental and economic value. Through these efforts, we aim to make a meaningful contribution to global sustainability.”
About Global Chartering Limited
Global Chartering Limited is a leading provider of dry bulk maritime transportation services, jointly owned by ArcelorMittal and DryLog. The company is dedicated to delivering innovative, reliable, and sustainable shipping solutions across global markets.
About KAMBARA KISEN Co., Ltd.
Founded in 1903 as the cornerstone of the TSUNEISHI Group, KAMBARA KISEN has been a pioneer in maritime transport for over a century. The company operates regular container services primarily on the Japan–China route, with Shanghai as a strategic hub connecting to India, Australia, the Middle East, and beyond. In addition, KAMBARA KISEN manages a global tramp shipping business, transporting mineral resources, grain, and other commodities. The company remains steadfast in its mission to support global trade, regional revitalization, and sustainable economic development.
