NYK secures charter contract with TaiPower

Tuesday, March 13 2007 - 12:25 AM WIB

Japanese shipping firm Nippon Yusen Kaisha (NYK) announced last week it had secured a charter contract with Taiwan Power Company (TaiPower) to transport 1 million tonnes of coal to Taiwan from Indonesia and Australia.

The contract term is from March 2007 to January 2008, and this is the third consecutive year since 2005 that NYK and TaiPower) have agreed to a one-year contract. The vessel used to carry the coal would be of Panamax type, said NYK.(alex)

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