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.