Nisshin back at Nantong Xiangyu for dual-fuelled tankers

Nisshin back at Nantong Xiangyu for dual-fuelled tankers

The fleet rejuvenation programme at Japan’s Nisshin Shipping proceeds at pace. Nisshin, which has sold much of its older tonnage in recent years, has returned to China for a total of eight tankers.

Brokers report Nisshin has ordered four 33,000 dwt tankers and four 19,900 dwt tankers at Nantong Xiangyu. All the ships are dual-fuelled and will deliver in 2022. No price has been revealed.

Nisshin knows the Chinese yard well, having ordered nine ultramax bulkers there last year.

These latest orders take Nisshin’s considerable orderbook beyond the 50-mark, set to nearly double the company’s fleet size. The Japanese giant has 61 ships trading today – made up of 35 bulkers and 26 tankers.

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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