AsiaDry Cargo

NS United to order another Japanese valemax

Japanese bulker giant NS United has signed a 25-year contract of affreightment with Nippon Steel & Sumitomo Metal and committed to order a 400,000dwt valemax from a local shipyard for delivery by the third quarter of 2020. Japan Marine United is widely tipped as the likely winner of this big order.

In December last year, NS United ordered a single 400,000 dwt very large ore carrier from JMU after signing a 25-year contract with Vale. The vessel, which will be the first valemax ship built in Japan, will be delivered in 2019.

NS United’s latest medium term business plan targets to boost the line’s fleet size to 210 ships.

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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