NYK Takes Delivery of 14,000 TEU Container Ship

Japan Marine United Corp. recently delivered the 14,000 TEU container ship NYK Blue Jay to shipping company Nippon Yusen Kaisha (NYK). The vessel, which successfully completed sea trials on February 22, is the first of 10 ordered by NYK for operation on the Asia-European shipping lanes. The new container ship series is designed to compete with new generation of ultra … [Read more...]

JMU to Build Eight 14,000 TEU Containerships for NYK

Japan Marine United has won an order from NYK Line today to build eight 14,000 TEU boxships at their Kure Shipyard.  According NYK, the ships are to be delivered between February 2016 and January 2018. Time charters have been signed for these vessels and they will be used to replace existing ships as well as four, 13,000 TEU ships currently on charter from … [Read more...]

UASC to Retrofit Mega-Containership Fleet with Dual Fuel Power

United Arab Shipping Company (UASC) has announced today plans to retrofit its future fleet of ultra-large (14,000 - 18,000 TEU) containerships with dual-fuel power capability. The vessels, which include five 14,000 TEU vessels with six options, and five 18,000 TEU vessels with one option, are currently under construction at Hyundai Heavy Industries (HHI) in South Korea. UASC … [Read more...]

Golden Ocean Orders Supramax Pair from Japan Marine United

Golden Ocean Group announced today that it has concluded two newbuilding contracts for 60,000 dwt Supramax bulk carriers with Japan Marine United Corporation (JMU) in Japan. The design provided by JMU represents the latest fuel-saving technology available. The vessels are expected to be delivered during the first quarter of 2015. No financial information about the deal was … [Read more...]

Even a Weakening Yen Won’t Save Japan’s Shipyards Says JMU

(Bloomberg) -- Japanese shipbuilders may post losses next fiscal year as the yen’s weakening fails to mitigate the impact of a global supply glut pressuring prices, the president of Japan Marine United Corp. said. “No domestic yard is confident enough to say it will be able to earn a profit for the fiscal year” starting April 1, Shinjiro Mishima said March … [Read more...]