Clarksons: Fukujin Kisen Orders Oil Carrier in Vietnam

Illustration; Image Courtesy: HHI

The Philippines-based shipowner Fukujin Kisen K.K. has reached an agreement for the construction of a chemical and oil carrier at Vietnamese Hyundai Vinashin Shipyard, according to data provided by Clarkson Research.

Under the deal, reached on February 3, the shipbuilder is scheduled to deliver the 50,000 dwt carrier in 2018.

The financial terms agreed for the construction deal have not been disclosed.

World Maritime News contacted relevant parties for details related to the agreement.

Once delivered, the newbuilding will become a part of Fukujin Kisen’s fleet of 27 ships, mostly comprising bulk carriers.

The company currently operates 23 bulkers, two containerships and two tankers, data provided by VesselsValue shows.

Fukujin Kisen’s orderbook includes one Panamax bulk carrier, being built by the Philippines-based Tsuneishi Cebu. The 81,600 dwt bulker is scheduled to join its owner in May 2017.

World Maritime News Staff

Share this article

Follow World Maritime News

Clarksons: Contracting Activity Drops to 30-Year Low

The previous year was very weak for newbuild ordering as contracting activity fell to its lowest level in over 30 ...

read more →

K Line Strengthens Its China Vietnam Indonesia Service

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has unveiled plans to launch a new containership service ...

read more →

Car Carrier Sector Braces For a Bumpy Road Ahead

The car carrier sector has seen an increase in scrapping and almost no new orders in 2016 as vessel owners are ...

read more →

Bulkers Account for Lion's Share of Scrapped Tonnage in 2016

Strong demolition has been a prominent feature of the shipping industry this year, as challenging market conditions ...

read more →

K Line Upgrades Northern Vietnam RoRo Service

Japanese shipping company Kawasaki Kisen Kaisha (K Line) plans to enhance its Asia/Vietnam Roll-on/Roll-of (RoRo) ...

read more →

Clarksons: Shipping Industry Could Keep Its Big Break Going

Given the current conditions, the shipping industry needs supply-side re-positioning to help the markets back to ...

read more →

In Depth>

NYK Adds New Intra-Asia Car Transport Service

Japan’s shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) has launched a new, twice-monthly car ...

read more →

Clarksons: Vessel Orders Take a Nosedive in Q3

Overall contracting of new vessels plunged in the three-month period from July to September to a mere 88 units, ...

read more →

Clarksons: Bulk Carrier Fleet Expansion to Slow Down

Due to depressed dry bulk market conditions, which triggered a slump in bulk carrier contracting and in turn led to ...

read more →

Clarksons: Cruise Industry Continues Expanding Its Horizons

During the summer, the cruise ship fleet surged past half a million berths of total capacity as the cruise industry ...

read more →

European Yards Rack Up Cruise Ship Orders

In a historically weak contracting environment the cruise sector has seen a strong level of newbuild ordering and ...

read more →

Clarksons: Shipping Sees Toughest 1H Since Financial Crisis

Shipping is experiencing some of its toughest conditions since the financial crisis and, despite its many efforts, ...

read more →

Events>

<< Jan 2018 >>
MTWTFSS
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 4

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >

LNG Bunkering Summit 2018

The conference will cover the obstacles facing both the shipping and port communities, exploring developments in conversion and new builds…

read more >

Maritime Reconnaissance and Surveillance Technology

Over the past few years, maritime intelligence gathering and ISR capabilities have returned to the forefront of the defence industry…

read more >

APM - ASIA PACIFIC MARITIME 2018

27 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia trusted by generations of industry professionals.

read more >

Chinese Newbuilding Orders on Path of Recovery

Chinese shipyards have seen an increase in newbuilding orders in the first quarter of 2016, according to data ...

read more →

Newbuilding Orderbook Takes a Nosedive in Q1

The first quarter of 2016 was hit by a major decline in ordering newbuilds with only 77 new ships ordered by the ...

read more →

Clarksons: Bulker Owners Scrapping Away in Q1

The first 3 months of 2016 are shaping up to be the busiest quarter on record for bulk carrier demolition as owners ...

read more →