Kumiai Navigation has signed up for a single energy-efficient, 64,000-dwt bulker newbuilding at Japan’s Oshima Shipbuilding, ahead of new International Maritime Organization emissions rules in 2025.

Kumiai Navigation managing director Tomomaru Kuroyanagi told TradeWinds that the vessel — set for delivery in 2023 — is part of an expansion programme.

“We have ordered the bulk carrier as the ship will meet the latest requirements of the Energy Efficiency Design Index for greenhouse gas emissions,” he said.