Kumiai Navigation orders another LPG newbuilding

May 3, 2018 17:00 GMT
Irene Ang

Kumiai Navigation orders another LPG newbuilding

Singapore-based Kumiai Navigation has ordered a second pressurised LPG carrier newbuilding at Japanese shipyard Sasaki Zosen.

The subsidiary of Japanese shipowner Kumiai Senpaku said it has signed up for an additional 5,000-cbm vessel for delivery in February 2020.

Kumiai Navigation ordered its first LPG carrier in March and is due to take delivery of the vessel in July 2019. The pair will be the smallest LPG ships in the Tomomaru Kuroyanagi-led company’s fleet. It currently has seven VLGCs including two newbuildings, one 38,000-cbm ship and two 11,000-cbm vessels.

The outfit did not disclose the cost of the 5,000-cbm newbuildings. However, it added that employment for the duo has been lined up, with both vessels chartered to Norway’s Statoil for five years.

“This [charter contract] was awarded by worldwide tender process,” said Kumiai Navigation. “We are truly grateful to have come to an agreement with the leading energy company Statoil.”

Last month, Kumiai Navigation’s 82,400-cbm VLGC Crystal Sunrise (built 2013) collided with Pantheon Tankers’ 105,000-dwt aframax Astro Saturn (built 2003) off Singapore.

No one was injured in the accident and there was no report of any oil pollution. However, the gas carrier sustained damage to its ballast tank and some butane cargo escaped from one of its cargo tanks. As for the Astro Saturn, the crude tanker’s anchor was damaged along with its bow. But, it was found to be seaworthy.

Kumiai Navigation declined to comment on the current status of the Crystal Sunrise, saying it is highly sensitive.

Kumiai Senpaku has a fleet of 29 ships on the water, including 20 bulkers and one asphalt tanker.