Two PTs on Order for NYK Stolt Shipholdings

NYK Stolt Shipholdings Inc. (NSSH), a joint venture company by NYK and Stolt Tankers B.V., the tanker division of Stolt-Nielsen Limited, a Norwegian business group, has ordered two 12,500 deadweight ton parcel tankers to Usuki Shipyard Co. Ltd.

The contract for the vessels was signed on June 27.

Parcel tankers are a versatile chemical tanker that can transport various types of cargoes at the same time, and these two new vessels are the ninth and tenth vessel ordered, following the eight that NSSH currently holds and operates.

The two tankers, which will be delivered from shipyard in July 2016 and September 2016 respectively, will have the most advanced environmental technology with 18 stainless-steel cargo tanks.

These parcel tankers will be chartered to Stolt NYK Asia Pacific Services Inc. (SNAPS), which is a joint venture company between NYK and Stolt Tankers B.V. for operating the vessels. The new tankers will be replaced by tonnage which is currently slated for retirement or redelivery.

In addition to NSSH and SNAPS, NYK and Stolt Tankers B.V. have also developed a parcel tanker company within the deep-sea trade, and currently operate six parcel tankers size is whose around 22,000–39,000 deadweight tons under the name of NYK Stolt Tankers S.A.