Nissen Kaiun in for four Mipo feeder boxships

Nissen Kaiun in for four Mipo feeder boxships

South Korea’s Hyundai Mipo Dockyard looks to have finally closed out its available berths for next year. Japan’s Nissen Kaiun, in the midst of a significant fleet rejuvenation program, has gone to the Ulsan-based yard to order four 1,800 teu feeder boxships, all for delivery in 2019. No price has been revealed for the ships. Hyundai Mipo is now marketing 2020 slots.

Nissen Kaiun, which has a mixed fleet, has been selling many of its older ships in the last 18 months, while initiating a newbuild program. Unlike most of its Japanese peers, Nissen Kauin is happy to order overseas, with a host of ships now under construction in South Korea as well as China.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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