Japan's Tsuneishi Shipbuilding has clinched an order for 10 handysize log carrier newbuildings worth about $250m.
The Kambara-family controlled shipbuilder revealed that a domestic shipowner had ordered a series of log/bulker newbuildings of 42,000 dwt each — an upgrade of the yard’s established TESS38 design.
Tsuneishi has kept the identity of the buyer and delivery dates confidential, but shipbuilding market sources suggest Japan’s largest private shipowner, Nissen Kaiun, is behind the deal, with delivery beginning in 2021.
