Brokers: Nisshin Shipping Tied to Ten Bulkers

The shopping spree for Japanese shipping company Nisshin Shipping is not over based on brokers’ reports which have linked the company to an order for up to ten new bulkers.

Chinese shipbuilder Nantong Xiangyu Shipbuilding and Offshore Engineering Co., a fairly new market entrant established in 2016, secured the order for ten 63,500 dwt bulk carriers, data from Asiasis shows.

The bulkers are set for delivery in 2020 and 2021, according to the report.

The order comes in the wake of Nisshin’s major fleet modernization plan launched last year comprising of up to 25 ships, worth around USD 666 million.

The ships that were ordered included four small chemical tankers, seven Ultramax bulk carriers, and 14 Panamax bulkers.

Nisshing Shipping has a live fleet of 55 vessels, comprising 33 bulkers and 22 tankers, according to the data from VesselsValue.

The company has 37 newbuildings made up of 26 bulkers and 11 small chemical tankers on order spread across Chinese Jiangsu Hantong Shipbuilding and Japanese shipbuilders Oshima and Usuki Zosensho.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Dec 2018 >>
MTWTFSS
26 27 28 29 30 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 5 6

Maritime Reconnaissance & Surveillance Technology

Now in its 4th successful year, Maritime Reconnaissance & Surveillance Technology is the only event that specifically.

read more >

GREENTECH IN SHIPPING GLOBAL FORUM

The mindset of sustainability and efficiency is the key to unlocking successful business…

read more >

LNG2019

LNG2019 features the largest number and highest level of LNG industry leaders.

read more >