NS United Orders Second Valemax in Japan

Illustration; Image Courtesy: Vale

Japan’s shipowner NS United Kaiun Kaisha has placed an order for another 400,000 dwt Capesize very large ore carrier (VLOC) at its compatriot shipbuilder Japan Marine United.

Under the construction deal, signed on June 2, the new Valemax is scheduled to be delivered in 2020.

Although the parties did not disclose the price of the 200,000 gross ton vessel, data provided by VesselsValue shows that the ship has a market value of USD 66.4 million.

In April 2017, NS United ordered its first 400,000 dwt VLOC from the same shipbuilder on the back of a 25-year contract of affreightment signed with Brazilian iron ore from Brazilian mining giant Vale S.A.

The earlier signed agreement is scheduled to commence in the second half of 2019, when the newly built eco-type ore carrier is set to join its owner.

The deal would cover the transportation of an estimated volume of 40 million tons on the major service route between Brazil and China throughout the contract years.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Sep 2017 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

INMEX SMM India 2017

Combining the forces of Maritime industry’s two biggest events, the unified edition of INMEX SMM India brought together the most exclusive…

read more >

LIQUEFACTION OF BULK CARGOES SEMINAR

GET TO GRIPS WITH:
– Mechanisms behind liquefaction
– Guidelines and regulations for bulk cargoes prone to liquefaction…

read more >

Seatrade Offshore Marine & Workboats Middle East

The largest event for offshore marine and workboat sectors in the region, Seatrade Offshore Marine & Workboats Middle East will, once again, serve as a meeting point for international industry professionals to come together and do business. Our 2017 show promises a wealth of networking opportunities, high-level discussions in our conferences on important industry trends, […]

read more >

The Future-Ready Shipping Conference 2017

The Future-Ready Shipping Conference 2017 – the joint Singapore-IMO International Conference on Maritime Technology Transfer and Capacity-Building…

read more >