Tokyo: Oshima Shipbuilding Co. has completed the development of its new 120,000 dwt "OS-MAX120" bulker. The post-Panamax model with a draft of 15.25 meters and a length of 249.94 metres has been designed in anticipation of the ongoing expansion of the Panama Canal, writes the Kaiji Press. The highly versatile ship has seven cargo holds and can carry both iron ore and coal. Oshima looks ready to accept orders for delivery in 2012. The OS MAX120 brings to four the company's post-Panamax bulker menu, which already carries the 105,000-dwt, 90,000-dwt and 85,000-dwt models.
Other yards are offering similarly sized ships. In Japan, Sanoyas Hishino Meisho Corp. has developed a 116-type "Handy Cape" in a tie-up with Mitsui OSK Lines (MOL). It has won orders for four units of the model. In China, New Times Shipbuilding has landed a deal for four units of its 115-type model with Seaarland Shipping Management, and Shangchuan Chengxi Shipyard has bagged an order for four units of its 115-type model from Norden.
Meanwhile, Oshima also announced that it has developed a marine propeller for the first time on its own. The new propeller, designed by Oshima, will be manufactured by Nakashima Propeller Co. The first unit will be mounted on a 55,000-dwt newbuilding due for completion by Oshima in September 2007.
The propeller is dubbed "MAITA" which stands for Most Advanced Innovated Technological Appliance. [05/06/07]
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