NYK Line Books Construction of Four VLCCs

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Nippon Yusen Kabushiki Kaisha (NYK) Line has reportedly placed an order for up to four very large crude carriers (VLCC) of 300,000 DWT.

Namura Shipbuilding and Japan Marine United (JMU) have been hired for the construction of the ships.

As disclosed, three crude carriers are to be built at JMU, two firm, and one optional vessel, while the remaining fourth vessel would be built at Namura Shipbuilding.

Delivery dates span from 2019 to 2020.

Estimated price of the each ship is in the range of USD 85 million, which would push the deal to a total of approximately USD 340 million.

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