Nissen Kaiun , a prominent Japanese shipping company, has signed a deal with HD Hyundai Vietnam Shipbuilding for a new LR2 product tanker. The order reflects the company's strategy to expand its fleet with modern vessels. The newly ordered tanker is a 115,000-deadweight-ton vessel, with an estimated price of approximately $73.5 million. This investment is part of Nissen Kaiun 's broader plan to enhance its maritime capabilities amidst a consistently competitive shipping industry. The vessel is scheduled for delivery in the fourth quarter of 2028. With this agreement, Nissen Kaiun has now secured orders for three LR2 newbuildings this year, signaling a significant strengthening of its logistical infrastructure. The deal with HD Hyundai marks a continued partnership between the two companies, highlighting a shared commitment to advancing marine technology and efficiency. The newly ordered tanker will support Nissen Kaiun 's operations in the product transportation sector once delivered.

Source: https://www.tradewindsnews.com/tankers/nissen-kaiun-inks-order-for-product-tanker-newbuilding-at-hd-hyundai-yard/2-1-1826991