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“K” Line and KLPL to Invest in Next Generation VLCC and AFRAMAX

Kawasaki Kisen Kaisha, Ltd. (“K” Line) and “K” Line Pte Ltd. (KLPL), have signed the ship building contracts for three next generation VLCCs and two AFRAMAX tankers in line with their fleet upgrading plan under the newly-reformed Medium-Term Management Plan, “    Value for our Next Century – Action for Future -“.

Orders for two VLCCs were placed by “K” Line with Kawasaki Heavy Industries, Ltd. (KHI) which will deliver them in 2017 and 2018, respectively, and order for one VLCC with Namura Shipbuilding Co., Ltd. which will be delivered in 2018, whereas orders for two AFRAMAX tankers were placed by KLPL with Namura Shipbuilding Co., Ltd., which will deliver them in 2018 and 2019, respectively.

These VLCCs and AFRAMAX tankers are designed to comply with all existing regulations as well as forthcoming rules such as the International Convention for the Control and Management of Ship’s Ballast Water and Sediments.

 

Main Particulars of VLCCs

Shipyard Nantong Cosco KHI Ship Engineering Co., Ltd.  Namura Shipbuilding Co., Ltd. Imari Shipyard

Delivery                        2017, 2018                    2018

LOA                              339.5m                         338.9m

Beam                            60.0m                           60.0m

DWT                             311,360MT                    310,300MT

Tank Capacity                348,500m3                    351,500m3

Main Particulars of AFRAMAX tankers

Shipyard                        Sasebo Heavy Industries Co., Ltd.

Delivery                        2018, 2019

LOA                              243.8m

Beam                            42.0m

DWT                             113,000MT

Tank Capacity                125,400m3

 

With these five new ships, “K” Line and KLPL will continue to provide reliable and stable service to our valued customers with the highest standard of safety.