Low-profile shipowner Nissen Kaiun has returned to HD Hyundai Mipo Dockyard in Ulsan for a pair of LPR carriers.
Multiple newbuilding sources have listed the Japanese shipping mammoth with two 45,000 cu m units booked at $73.5m each for delivery in 2027.
The owner of more than 200 ships, of which 10 are listed as very large LPG carriers, has over 30 newbuilding projects on its books.
Last year, the company contracted four 88,000 cu m LPG/ammonia newbuilds at Yangzi-Mitsui Shipbuilding (Yamic) for delivery from May 2028 through February 2029. It was earlier linked to another pair of LPG newbuilds at Mipo Dockyard, where it also has a series of MR2 tankers lined up for delivery this and next year.
