K Line orders newcastlemax at JMU for JEF Steel charter

K Line orders newcastlemax at JMU for JEF Steel charter

Japanese owner Kawasaki Kisen Kaisha (K Line) has entered into a newbuilding contract with Japan Marine United for the construction of a 210,000 dwt  bulk carrier.

The vessel, to be fitted with a scrubber, will be chartered to JFE Steel for iron ore and coal transportation upon completion in 2021.

“Our coal & iron ore carrier group fleet is dedicated to responding flexibly and proactively to customer needs for environmental responses that are expected to expand in the future, while also strengthening our efforts to successfully achieve GHG reduction targets in our K Line Environmental Vision 2050 as well as IMO,” K Line said in a release.

Outside of its containership fleet which is part of ONE, K Line owns a fleet of 134 vessels made up of 61 bulkers, seven tankers, 12 LNG carriers, three VLGCs, one roro vessel and 50 car carriers.

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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