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Landmark 10 year contract for NYK Bulkship Atlantic
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Monday, 01 Jun 2009
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NYK Bulkship Atlantic a wholly owed subsidiary of NYK Line reported that its new 92,330 DWT bulk carrier Federico II, built at Oshima Shipbuilding has secured a contract to transport 9 million tonnes of coal per year from Colombia to Italy over the next 10 years.

The contract, which begins next month is with Enel, Italy’s largest power company and is the first long term contract inked by NYK Bulkship Atlantic for the use of such a large carrier.

Federico II measures 235 meters in length by 43 meters in breadth with a draft of 13.05 meters. With a dead weight of 92,330 DWT she has around half the capacity of the NYK Bulkship Atlantic vessel pictured.

Nippon Yusen Kabushiki Kaisha is one of the world's leading transportation companies and at end March operated 779 major ocean vessels, as well as fleets of aircraft, trains and trucks. The company's shipping fleet includes 154 containerships, 289 bulk carriers, 57 woodchip carriers, 112 car carriers, 80 tankers, 33 LNG carriers, three cruise ships and 51 other ships.

(Sourced from Hellenicshippingnews.com)

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