Nisshin Shipping In for Up to Seven Panamaxes

Image Courtesy: Hantong Shipbuilding

Japanese shipping company Nisshin Shipping has been linked to an order for up to seven 82,000 DWT bulkers at China’s Jiangsu Hantong Ship Heavy Industries.

The fleet modernization deal, dated last week, comprises five firm orders plus two options, according to the data provided by VesselsValue.

The firm Panamax bulkers, valued at USD 24 million a piece, are scheduled for delivery in 2018, while the optional units would be handed over in 2019.

Including the latest order, the company has 16 newbuilds on order: five chemical tankers at compatriot Usuki Zosensho, four LR1 tankers at Korea’s Sungdong Shipbuilding and Marine Engineering, and two more bulkers at China’s Jiangsu Hantong and Jiangmen Nanyang, respectively.

Out of the above total, six ships are to join Nisshin’s fleet by the end of this year.

As World Maritime News reported earlier, the company was busy over the recent period shedding some of its second-hand tonnage, including five Panamax bulkers since December 2016.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Aug 2017 >>
MTWTFSS
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 31 1 2 3

Shipping2030 Asia

This year Shipping2030 Asia will take place with Global Liner Shipping conference, offering attendees unique access to networking with the container shipping industry…

read more >

Indonesia Marine & Offshore Expo (IMOX) 2017

Indonesia Marine & Offshore Expo (IMOX) 2017, Batamis an international maritime and offshore industrial event that brings an international…

read more >

Salvage & Wreck Asia

Could your business be affected by shipwreck? Are you a salvage professional or a wreck removal expert? …

read more >

DSM17

Donsö Shipping Meet 2017 is an all inclusive exhibition. Meals, electricity, meeting schedule and banquette dinner is included…

read more >