Japanese shipowner Nisshin Shipping sold 2014 built ultramax bulk carrier 63K DWT MV Hanton Trader III to Hong Kong-based Bermuda-registered Jinhui Shipping and Transportation Limited for around $20.5 million. Jinhui Shipping and Transportation Limited has resumed its purchasing activities shortly after selling its oldest bulk carrier 2004 built supramax bulk carrier 52K DWT MV Jin Feng (ex MV Tai Hawk) to Singapore-based ETL Shipping around $8.1 million. In the previous year, Jinhui Shipping and Transportation Limited had acquired Japanese shipowner Nisshin Shipping’s 2014 built ultramax bulk carrier 63K DWT MV Jin Ping (ex MV Hanton Trader II). Japanese shipowner Nisshin Shipping will deliver 2014 built ultramax bulk carrier 63K DWT MV Hanton Trader III without any existing charter by 10 November 2023. Jinhui Shipping and Transportation Limited mentioned that the company plans to fund approximately 60% of the transaction through bank financing, with the remaining amount covered by available cash. 27-September-2023
Japanese shipowner Nisshin Shipping sold two ultramax bulk carriers to Oslo-listed Jinhui Shipping & Transportation. Tokyo-based shipowner Nisshin Shipping sold 2014 built ultramax bulk carrier 63K DWT MV Western Santos and 2014 built ultramax bulk carrier 63K DWT MV Hanton Trader I for around $25 million each. In 2014, Japanese shipowner Nisshin Shipping took the delivery of the two ultramax bulk carriers from Jiangsu Hantong Ship Heavy Industry. Currently, Japanese tonnage supplier Nisshin Shipping has 74 dry bulk carriers and 20 tankers. 9-September-2022
Japanese shipowner Nisshin Shipping has exercised options to order another five (5) kamsarmax 82K DWT bulk carriers at Jiangsu New Hantong Ship Heavy Industry. Japanese shipowner Nisshin Shipping held the options at the shipyard since Nisshin Shipping booked its earlier order for five (5) kamsarmax 82K DWT bulk carriers in April 2021. Nisshin Shipping ordered a total of ten (10) kamsarmax 82K DWT bulk carriers with a total price tag of $280 million. Japanese shipowner Nisshin Shipping will take delivery of the 10 new kamsarmax 82K DWT bulk carriers between Q2 2022 and Q3 2023. Nisshin Shipping’s 10 new kamsarmax 82K DWT bulk carriers will comply with Phase 2 of the IMO’s (International Maritime Organization) Energy Efficiency Design Index (EEDI) and Tier III NOx emissions standards. Japanese shipowner Nisshin Shipping retains an option to fit scrubbers on the kamsarmax bulk carriers. Japanese shipowner Nisshin Shipping will delivery of two (2) kamsarmax bulk carrier new buildings from Jiangsu New Hantong Ship Heavy Industry in September and December. 16-August-2021
Japanese shipowner Nisshin Shipping ordered five (5) 82K DWT kamsarmax bulk carrier new-buildings with five (5) options at Jiangsu New Hantong Heavy Industry. This is the fourth new-building contract that Nisshin Shipping has placed at Jiangsu New Hantong Heavy Industry since it placed its first order in 2013. Tokyo-based shipowner Nisshin Shipping is going to pay around $28 for each kamsarmax bulk carrier new-building. 82K DWT kamsarmax bulk carrier new-buildings are going to be built according to IMO NOx Tier II emissions standards. Japanese shipowner Nisshin Shipping holds an option to install scrubbers on the 82K DWT kamsarmax bulk carrier new-buildings. This is Nisshin Shipping’s first new-building contract signed in 2021. Lately, Nisshin Shipping has sold five (5) tankers. Japanese shipowner Nisshin Shipping is controlled by Y Fujii. Currently, Japanese shipowner Nisshin Shipping owns a mixed fleet of 92 ships. Furthermore, Nisshin Shipping has approximately 20 new-building ships under construction at various shipyards. 17-April-2021
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
Japanese shipowner Nisshin Shipping is actively downsizing its fleet, moving quickly to divest some of its assets. The company recently marketed three of its kamsarmax bulk carriers and has now finalized a transaction with Transmed Maritime Ltd, a shipowner and operator based in Athens, to sell all three vessels in one deal. According to reports from shipbrokers, each of the sister ships – MV Mangan Trader I, MV Mangan Trader II, and MV Mangan Trader III – has been sold for $16.75 million. Built in 2013 by Hyundai Samho, these ships are part of Nisshin Shipping’s strategic reduction of its dry bulk fleet. This move further cements Nisshin Shipping’s status as one of the leading sellers in the global dry bulk tonnage market this year. 18-November-2016