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Landmark 10-year contract for NYK Bulkship Atlantic

Landmark 10-year contract for NYK Bulkship Atlantic

Tokyo: NYK Bulkship Atlantic, a wholly owed subsidiary of NYK Line, reports that its new 92,330dwt bulk carrier Federico II (pictured), built at Oshima Shipbuilding, has secured a contract to transport 90m 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 metres in length by 43 metres in breadth with a draft (design) of 13.05 metres. With a deadweight of 92,330dwt she has around half the capacity of the NYK Bulkship Atlantic vessel pictured.

Nippon Yusen Kabushiki Kaisha (NYK) 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. [28/05/09]