Nisshin Shipping adds nine ultramax bulkers at Nantong Xiangyu

Nisshin Shipping adds nine ultramax bulkers at Nantong Xiangyu

Japanese owner Nisshin Shipping has placed an order at China’s Shipbuilding & Offshore Engineering for the construction of up to nine 63,500 dwt bulk carriers.

The contract includes firm orders for six vessels and options for an additional three vessels, and follows an order placed by Nisshin in January for 10 ultramaxes at the same yard.

Nisshin Shipping has been expanding its fleet significantly. According to VesselsValue, the company currently has over 50 newbuildings under construction at Japanese and Chinese yards. The Japanese line has also offloaded much of its older ships over the past two years.

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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