NYK Charters Its Eco-friendly Wood-chip Carrier for Long-term

1487

In a recent development, NYK has announced that they have concluded a long-term contract with Mitsubishi Paper Mills Limited for a new wood-chip carrier to be built by Oshima Shipbuilding Co. Ltd. which would have a capacity of lifting 4.3 million cubic feet of wood chips, says a press release on their website.

Features of the Ship

  • The latest design that will allow the vessel to perform well in all types of weather while ensuring low water resistance and high efficiency
  • Energy-saving equipment that will lower fuel consumption considerably compared with conventional vessels
  • Equipment that complies with SOx (sulfur oxide) emission regulations

What’s in it for NYK?

NYK currently has four long-term contracts with Mitsubishi Paper Mills Limited — the largest share of contracts that any shipping company has with Mitsubishi Paper Mills Limited — and this contract will allow the two companies to enhance their eco-friendly transport.

NYK’s Outlook

In accordance with its medium-term management plan “Staying Ahead 2022 with Digitalization and Green,” the NYK Group seeks to secure stable freight rates through long-term contracts and continue its efforts to contribute to stable and economical transport of energy resources.

Vessel Details

Length Overall: about 210 meters
Breadth: about 37 meters
Deadweight Tonnage: about 59,900 metric tons
Cargo tank capacity: about 4,300,000 cubic feet
Builder: Oshima Shipbuilding Co. Ltd.
Delivery: 2021

Did you subscribe to our daily newsletter?

It’s Free! Click here to Subscribe!

Source: Nyk