Tokyo: Japan’s Tamai Steamship has contracted Oshima Shipbuilding to build a new handymax bulker. Trading house Sumitomo Corporation is providing finance for the 55,300 dwt ship. Delivery is set for mid-2019. Though no price has been given the owner said it was “within the range of market prices”.
Oshima, a famous name in Japanese dry bulk construction, has one of the longer orderbooks in the country.
Listed Tamai Steamship is focused on dry bulk. It also has a freight forwarding business, a manning agency, and real estate businesses. The company was founded in 1929.