Nisshin Shipping

Tokyo based shipowner and operator Nisshin Shipping sold three (3) kamsarmax bulk carriers to China Development Bank Leasing. China Development Bank Leasing has signed a bareboat charter agreement with BG Shipping for three (3) kamsarmax bulk carriers. Nisshin Shipping is led by Y Fujii. Nisshin Shipping sold kamsarmax bulk carriers 82K DWT MV Trustn Trader I, MV Trustn Trader II, and MV Falcon Trader. China Development Bank Leasing has built up a fleet of 77 ships. Nine (9) of its bulkers are operating under the commercial control of BG Shipping. Last month, Nisshin Shipping reported an enormous loss on the resale of LNG carrier newbuilding. Nisshin Shipping had ordered LNG carrier at SHI (Samsung Heavy Industries) for $160 million. 16-July-2020

 

Japanese shipowner Nisshin Shipping grows its fleet with 12 handysize 39K DWT new buildings under construction at Chinese Shipyard Jiangmen Nanyang Ship Engineering. Japanese tonnage supplier Nisshin Shipping has modestly increased its fleet with handysize dry bulk carrier new-buildings. Nisshin Shipping has been ordering new building dry bulk carriers at Chinese Shipyard Jiangmen Nanyang Ship Engineering since 2013. Up to now, Chinese Shipyard Jiangmen Nanyang Ship Engineering has delivered more than 10 handysize dry bulk carriers to Nisshin Shipping.

Japanese shipowner Nisshin Shipping has been ordering new buildings on speculative strategy. Last year, Nisshin Shipping ordered 9 ultramax dry bulk carriers at another Chinese Shipyard Nantong Xiangyu Shipbuilding & Offshore Engineering. Nisshin Shipping is one of the few Japanese tonnage suppliers to have taken advantage of inexpensive shipbuilding prices in China and has been ordering dry bulk carriers on speculation. Nisshin Shipping ordered 19 ultramax dry bulk carriers at Nantong Xiangyu Shipbuilding & Offshore Engineering and 10 kamsarmax dry bulk carriers at Jiangsu Hantong Ship Heavy Industry. Japanese tonnage supplier Nisshin Shipping is quite well known in the shipping market to be cooperating with Cargill, Western Bulk, and Ultrabulk. Y Fujii-led Nisshin Shipping is Japan’s third-largest independent tonnage supplier Japan’s first and second-largest independent tonnage suppliers are Shoei Kisen and Nissen Shipping respectively. Nisshin Shipping also has ordered at the Japanese shipyard. Nisshin Shipping ordered ultramax dry bulk carrier at Japanese Oshima Shipbuilding and a series of 19K DWT chemical tankers under construction at Japanese Usuki Shipyard. Nisshin Shipping has chartered out the tankers to Nordic Tankers and Ultranav. Currently, Japanese tonnage supplier Nisshin Shipping has 33 dry bulk carriers and 26 tankers. 7-March-2019