K Line to Charter New Woodchip Carrier to Nippon Paper

Japan’s shipping major K Line is looking to sign a charter agreement with Nippon Paper Industries related to the company’s new woodchip carrier scheduled for delivery in 2022.

K Line said that the unit would be dedicated to carrying woodchips for paper materials and some biomass woodchips for biomass power generation business, an operation that will be started in Tomakomai, Japan, in 2023.

The vessel is equipped with the latest economical and environmental-friendly features, including a hybrid fin behind the propeller to save energy and a ballast water treatment system.

Additionally, the woodchip carrier would be fitted with a scrubber in order to comply with the upcoming sulphur cap regulation.