Nihon Shipyard has won orders for more than a 100 ships worth $6.2bn in the first eight months since it was established.
The company was launched as a joint venture between Japanese shipbuilding giants Imabari Shipbuilding and Japan Marine United in January this year.
The pair are teaming up in the new joint venture on procurement, design and construction.
Nihon said that it has so far won 110 ships amounting to 6.6m gt and valued at $6.2bn. Imabari will build 4.2m gt of the orders and the remaining will be constructed at JMU yards.
The orders are for seven different ship types, with 14 of the vessels fuelled by LNG.
“In just eight months we have secured one year’s work,” Nihon said.
The yard did not name the owners behind the contracts. It has been linked to containership orders from Ocean Network Express (ONE) and Wan Hai Lines, as well as newcastlemax bulker and car carrier orders from Mitsui OSK Lines, NYK Line and K Line.
Focus on emissions
Nihon said it would focus its marketing on low-emission ships involving all low-carbon fuel types. On 1 September. Nihon established an ammonia fuel research and development group.
It is also participating in a group of 23 companies working towards the development of ammonia-fuelled vessels. Its partners in the project include Genco Shipping and Trading, Vale, Trafigura, Equinor, NS United Shipping and classification society DNV.
In a separate project, it is working with ammonia trader Yara International and NYK Line to develop an ammonia gas carrier that is also powered by the fuel.
