15-December-2018
Singapore based shipowner and operator Kumiai Navigation Pte Ltd which is a wholly-owned subsidiary of Japanese shipowner Kumiai Senpaku Co Ltd has ordered scrubber fitted IMO Tier II newcastelemax and ultramax dry bulk carrier for a total $82 million at Sino-Japanese shipyards. Both newcastelemax and ultramax dry bulk carriers are booked against long-term charters. Singapore based shipowner and operator Kumiai Navigation Pte Ltd is paying about $55 million for the newcastlemax dry bulk carrier and about $27 million for the ultramax dry bulk carrier.
Newcastlemax dry bulk carrier (208K DWT) will be built at Nantong Cosco KHI Ship Engineering (Nacks) and will be delivered in June 2020. Ultramax dry bulk carrier (61K DWT) will be built at Dalian Cosco KHI Ship Engineering (Dacks) and will be delivered in mid-2020.
Singapore based shipowner and operator Kumiai Navigation Pte Ltd ordered both newcastlemax and ultramax dry bulk carriers on the back of long-term charter contracts of more than 5 years.
Singapore based shipowner and operator Kumiai Navigation Pte Ltd has a fleet of 10 dry bulk carriers comprising 5 capesizes, 1 panamax and 4 supramax dry bulk carriers. Kumiai Navigation Pte Ltd also owns 4 modern Very Large Gas Carriers (VLGCs).