November 19

Taiwan Navigation signs for Oshima ultramax newbuilds

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Taiwan Navigation has returned to Japan to a familiar yard for its latest fleet expansion.

The company has ordered a pair of ultramax bulk carriers at Oshima Shipbuilding for delivery in 2028.

The 64,000 dwt units are costing around $39m each, Taiwan Navigation, which this year took delivery of Oshima-built ultramax Tai Sentry (pictured) ordered in late 2021 for $34.15m, said in a stock exchange filing.

The Taipei-headquartered shipping line has a diversified bulker fleet comprising of kamsarmax, panamax and handy vessels alongside product tankers, one ferry, and a number of tugs.

The post Taiwan Navigation signs for Oshima ultramax newbuilds appeared first on Energy News Beat.

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