, Singapore
149 views
Photo from press release

Uni-Asia signs first newbuild order in 10 years with Nihon Shipyard

The vessel is scheduled for delivery in the second half of 2028.

Uni-Asia Group Limited signed an agreement with Nihon Shipyard Co., Ltd and its affiliate on 2 March 2026 to acquire a 40,000-dwt double hull bulk carrier, marking the group’s first newbuild order in more than a decade.

Imabari Shipbuilding Co., Ltd. will construct the vessel at Shimanami Shipyard Co., Ltd., with delivery scheduled for the second half of 2028, according to a press release.

The vessel features an eco-type engine and a dual-fuel ready design, allowing for the future installation of a dual-fuel engine and an eco-fuel system whilst meeting environmental industry standards.

The acquisition forms part of the group’s fleet renewal strategy. Funding will include internal sources, external debt, and other financing arrangements.

The purchase price was determined through negotiations and aligns with historical prices for vessels between 38,000-dwt and 42,000-dwt recorded from January 2022 to January 2026.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.