Japanese shipping company Nippon Yusen Kaisha (NYK Line) has concluded a long-term contract with compatriot Hokuetsu Kishu Paper Co for a new wood-chip carrier.
The new wood-chip carrier will be built by Japanese shipbuilder Oshima Shipbuilding Co. and delivered in 2018, NYK said in a release.
Based on the vessel’s design characteristics, the ship will be able to load 4.3 million cubic feet of wood chips and will feature an advanced eco-design and electronically controlled engines.
NYK currently has long-term contracts with Hokuetsu Kishu Paper for six wood-chip carriers, which is the largest share of contracts that any shipping company has with Hokuetsu Kishu Paper.
According to NYK, this new contact will strengthen NYK’s transportation capacity further.
Source: http://worldmaritimenews.com
