Dry CargoEurope

NACC in talks with Ningbo Xinle for cement carriers

Photo of Jason Jiang Jason JiangDecember 22, 2016
11 Less than a minute

Nova Algoma Cement Carriers (NACC), a 50/50 joint venture between Algoma Central Corporation and Nova Marine Holding, is in negotiations with China’s Ningbo Xinle Shipbuilding for a pair of 7,500 dwt cement carriers.

A source close to the matter told Splash that the negotiation is still ongoing and the deal has not been signed yet.

The vessels will be equipped with dual fuel propulsion system.

NACC currently operates nine cement carriers in its fleet. Its latest vessel, NACC Capri, was delivered by Ningbo Xinle Shipbuilding in November.

Photo of Jason Jiang Jason JiangDecember 22, 2016
11 Less than a minute
Photo of Jason Jiang

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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