Tsuneishi to Build Ten Handy Bulkers for Nissen Kaiun

Japanese shipping company Nissen Kaiun has ordered ten Handysize bulkers from compatriot Tsuneishi Group, several brokers reported. 

The contract has a total value of about USD 250 million, according to information provided by Asiasis.

The newbuilds, scheduled for delivery from late 2021 onwards, will be built at Tsuneishi Cebu in the Phillippines and Tsuneishi Zhoushan in China, Clarksons Platou informed.

In late June 2019, Tsuneishi announced it received its first order from an undisclosed Japanese shipowner for several 42,000 dwt log and bulk carriers of the shipbuilder’s new TESS42 design.

As explained, the newly developed TESS42 follows Tsuneishi design concept of the TESS38 while improving transportation efficiency, with deadweight capacity increased by approximately 2,000 tons with the same draft and by approximately 4,000 tons at full load. Standard equipment includes a cargo securing device for carrying logs on the deck, making it possible to simultaneously transport both logs and bulk cargo. Like TESS38, TESS42 is equipped with four deck cranes, wide-opening hatch covers, and semi-box-type cargo holds suitable for transporting steel products.

This vessel, which offers enhanced environmental performance, is in compliance with the NOx emission Tier III regulation and has a scrubber to comply with SOx emission restrictions.

With TESS38 as its base, this ship model was optimized to achieve operational efficiency. Combined with equipment including the newest electronically-controlled engine, it reduces fuel consumption per ton mile by approximately 4% or more at the same draft and same vessel speed of TESS38.

Tsuneishi Shipbuilding is the anchor company of the Tsuneishi Group which mainly engages in shipbuilding and maritime transport. With manufacturing bases in Japan and three overseas factories in the Philippines, China, and Paraguay, the company builds containerships, tankers, cruise ships, 30,000-ton to 180,000-ton class bulk carriers, and other vessels.

World Maritime News Staff

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