rss icon Subscribe
desktop mobile

Tsuneishi Bags Order for 10 Bulkers

File Image: Tsuneishi Shipbuilding Co

Laxman Pai

Japanese shipping company Nissen Kaiun has ordered ten Handysize bulkers from compatriot shipbuilder Tsuneishi Group.

Though official sources maintained that Tsuneishi Shipbuilding receives order for several units from a shipowner in Japan for the newly developed 42,000-metric-ton log and bulk carrier TESS42 without revealing the name and numbers, some media-outlets report that the order was for ten bulkers and name of the buyer is Nissen Kaiun.

According to Asiasis, the contract has a total value of about $250 million. The vessels are to be constructed at Tsuneishi's shipyard in China, Zhoushan yard in Zhejiang province.

"With growing demand for cargo transport due to economic growth in Asia, we foresaw the need for a larger version of the handysize log and bulk carriers and developed this ship model, which maintains the compact size of the TESS38 but has enhanced transportation capability," said a release from the company.

Tsuneishi said that by fitting the newest electronically-controlled engine, the TESS42 will reduce fuel consumption per tonne mile by 4% or more at the same draft and same vessel speed as TESS38.

The newly developed TESS42 follows the 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.

Jul 10, 2019

 

Shipbuilding

C&C Marine Celebrates 100th Barge Blasted

Photo: C&C Marine

Just nine months after opening their new Robotic Paint and Blasting facility C&C Marine and Repair

Mobile Analysis: 3D, 2D CAD Viewer "to go"

Photo: Core Technologie

The CoreTechnologie 3D Analyzer Viewer is now available through a mobile license-lending feature.

Scotline Orders Third Newbuild

Image: Scotline Marine Holdings

U.K based shipping company Scotline Marine Holdings announced that it has  ordered a third

Bulk Carriers

Wallem Bulker Rescues Indonesian Fishermen

Rescued fishermen and ISL Star crew (Photo: Wallem)

ISL Star, a bulk carrier managed by Wallem Group, together with the U.S. Coast Guard successfully

SPII Holdings Acquires DryShips

File Photo: DryShips

The dry bulk shipping company based in Athens DryShips Inc. will be acquired by SPII Holdings Inc.

Wellard Delays Livestock Carrier Repayment

MV Ocean Drover. Image: Wellard

Australian meat and livestock distributor Wellard said that it has extended ship finance repayment

Maritime Apps