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Handymax Bulk Carrier News

09 Nov 2023

World's First: Japanese Firms to Looking to Build Sustainable Bulk Carriers for Copper Transport from Chile

Signing ceremony
First from left, Masashi Suda, President, NBP
Second from left, Koichi Kawamura, Director, OSHIMA
Third from left, Norihiko Nonaka, Managing Executive Officer, SUMITOMO
Fourth from left, Máximo Pacheco, Chairman of the Board, CODELCO - Credit: NYK Lines

Japan's NYK Line said Thursday its NYK Bulk & Project Carriers Ltd. (NBP), Oshima Shipbuilding Co., Ltd. (OSHIMA), and Sumitomo Corporation (SUMITOMO) had signed a memorandum of understanding to study, design, and construct the world’s first Handymax bulk carrier (ammonia dual fuel type) dedicated to the transport of copper products, that will reduce CO2 emissions to zero.The MoU signing comes just a year after Corporación Nacional del Cobre de Chile (CODELCO), a Chilean state-owned company and one of the world's leading copper producers, and NYK Bulk & Project Carriers Ltd.

17 May 2021

Taiwan Navigation Selects Inmarsat's Fleet Connect

Mobile satellite communications company Inmarsat said JRC (Japan Radio Company Co. Ltd.) has joined its group of Certified Application Providers (CAP) offering applications via Inmarsat’s dedicated Fleet Connect bandwidth.The announcement follows the trial of JRC’s Smart Ship Viewer (SSV) bridge solution onboard Taiwan Navigation’s Handymax bulk carrier Tai Splendor. As a result of the trial, Taiwan Navigation has now contracted to use Fleet Connect and JRC’s Smart Ship Viewer across its eight newbuildings and eight existing vessels.“The SSV is a networked bridge and communications management solution with capabilities including ship monitoring…

20 Apr 2018

Liebherr´s New Floating Crane Goes to Market

The latest four rope grab crane development of Liebherr´s floating crane segment is going to be installed on a converted handymax bulk carrier (45,000 DWT) with a total length of 185 m and a breadth of 30.5 m. The ship will be retrofitted with the two Liebherr bulk handling cranes at the Turkish shipyard Kuzey Star Shipyard Tuzla / Istanbul. After completion of the conversion in early 2019, the ship will be used as a transshipment solution for grain handling in the Black Sea and the Sea of Azov.The ordered cranes are designed for high-speed bulk handling and will be installed on 10 m eccentric platforms in order to increase the maximum outreach up to 36 m. The maximum lifting capacity of the high-performance CBG 360´s is 36 tons.

19 Oct 2016

Moore Stephens: 4th Straight Year of Operating Costs Decline

Richard Greiner (Photo: Moore Stephens)

International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average of 2.4% in 2015. This compares with the 0.8% average fall in costs recorded for 2014, and is the fourth successive overall year-on-year reduction in such costs. All categories of expenditure were down on those for the previous 12-month period. This suggests continued pragmatic management of costs by ship owners and operators, as well as a reduction in active trading for some owners as a result of the prolonged worldwide economic downturn.

30 Oct 2013

Clean Marine’s EGCS First to Operate Inside ECA

MV Balder, equipped with Exhaust Gas Cleaning System (EGCS) from Clean Marine, is reported to be the first vessel in the world to operate this type of system in the U.S. Emission Control Area (ECA). Upon arrival in Baltimore recently, the vessel’s Master sought approval from the coast guard to enter and exit the ECA Zone using High Sulfur Fuel Oil with EGCS, rather than burning the more expensive Low Sulphur Fuel Oil (1% sulfur content). Clean Marine invited USCG and EPA to observe the EGCS in operation for compliance with the ECA. Officials from the U.S.

04 Sep 2013

Clean Marine’s EGCS First to Operate Inside ECA

MV Balder leaving Croatia after installation of ECGC inside new funnel

MV Balder, equipped with Exhaust Gas Cleaning System (EGCS) from Clean Marine, is reported to be the first vessel in the world to operate this type of system in the U.S. Emission Control Area (ECA). Upon arrival in Baltimore last week, the vessel’s Master sought approval from the coast guard to enter and exit the ECA Zone using High Sulphur Fuel Oil with EGCS, rather than burning the more expensive Low Sulphur Fuel Oil (1% Sulphur content). Clean Marine invited USCG and EPA to observe the EGCS in operation for compliance with the ECA. Officials from the U.S.

21 Feb 2013

Ore Carrier Loss: Intercargo Press for Investigation

MV Harita Bauxite, a Handymax bulk carrier sank recently off Cape Bolinao with the loss of 14 of the 24 crew. According to the Philippine's National Disaster Risk Reduction and Management Council a distress rocket signal was sighted by the MV Jin Cheng on 18, February, 2013 in the vicinity of Cape Bolinao, Bolinao, Pangasinan. Ten crew members were subsequently rescued by Jin Cheng and later taken to shore by helicopter. Reportedly the Harita Bauxite had sunk following (unspecified) engine trouble. The Panama-registered, 1983-built handymax ship which was reportedly carrying a cargo of nickel ore from Obi, Indonesia to China, sank on the evening of 17 February after suffering engine failure, possibly during poor weather.

10 Jan 2013

China Shipyard Delivers Handymax Bulk Carrier

COSCO Corporation (Singapore) Limited subsidiary COSCO (Guandong) Shipyard has successfully delivered the vessel to a European owner. The bulk carrier of 57000 dwt, named Klima measures 189.99 meters in LOA, 32.26 meters in breadth and 18 meters in depth. COSCO Guandong is a 51% owned subsidiary of COSCO Shipyard Group Ltd. COSCO add that the delivery documents were signed by and between COSCO Guangdong and the buyer on 8 January 2013.

27 Jul 2011

MES Tapped to Build “Neo Supramax 66BC” Ships

(Source: MES)

Mitsui Engineering & Shipbuilding was contracted to build two “Neo Supramax 66BC” ships, which are next-generation 66,000-dwt bulk carriers developed as low fuel consumption, eco-friendly ships. Keeping the usability of MES’ best selling 56,000 dwt type handymax bulk carrier (Mitsui 56) which achieved more than 170 contracts, this new and larger bulk carrier is expected to establish a new segment in bulk carrier market. Development of the ship’s design was preceded by hearings from various owners and operators and investigations on more than 600 ports worldwide.

05 Nov 2010

MES’ Neo Supramax 66BC, 30% Emissions Reduction

Mitsui Engineering & Shipbuilding Co., Ltd. has developed the next-generation 66,000 dwt bulk carrier neo Supramax 66BC as the first type of ships developed to reduce CO2 emission by 30%. This new ship is an enlarged version of the 56,000 dwt type handymax bulk carrier (over 150 orders received), keeping its convenience in operation. Development of the ship’s design was preceded by many hearings from the owners and the operators and investigations on more than 600 ports all over the world. This ship is designed to have wide beam (36m) and shallow draft, considering present trade patterns of 56BCs and the expansion of Panama Canal, which is expected in 2014.

26 Aug 2008

TBS Takes Delivery of Handymax

TBS International Limited has taken delivery of the M.V. Fox Maiden, previously known as the Explorer, a 1985 built, 40,902 dwt handymax bulk carrier. The Company had agreed to acquire this vessel charter free for $35.5 million in June 2008. With this delivery, TBS' current fleet comprises 46 vessels with an aggregate of 1,390,473 dwt, consisting of 23 tweendeckers and 23 handymax/ handysize bulk carriers.

12 Aug 2008

TBS Takes Delivery of Handymax

TBS International Limited has taken delivery of the M.V. Tupi Maiden, formerly known as the M.V. Ken Blossom, an acquisition it announced in June 2008. The M.V. Tupi Maiden is a 1992 built, 38,852 dwt handymax bulk carrier that the Company agreed to acquire charter free for $44.0 million. With this delivery, TBS' current fleet consists of 45 multipurpose tweendecker, handymax and handysize vessels. TBS expects to take delivery of one more handymax bulk carrier (M.V. Fox Maiden) by the end of Q3 2008. Once this delivery is concluded, TBS' fleet will be comprised of 46 vessels with an aggregate of 1,390,473 dwt, consisting of 23 tweendeckers and 23 handymax/ handysize bulk carriers.

19 Jun 2008

TBS Takes Delivery of Two Handymax Bulk Carriers

TBS International Limited has taken delivery of the M.V. Canarsie Princess, formerly known as the M.V. Athinoula, and the M.V. Houma Belle, previously known as the M.V. North Star. M.V. Canarsie Princess is a 1985 built, 42,842 dwt handymax bulk carrier that the Company agreed to acquire charter free for $30.3 million in February 2008. The acquisition of M.V. Houma Belle, which was announced in April 2008, is a 1985 built, 42,219 dwt handymax bulk carrier that the Company agreed to acquire for $34 million charter free. With these deliveries, TBS's current fleet consists of 44 multipurpose tweendecker, handymax and handysize vessels. TBS expects to take delivery of an additional handymax bulk carrier (M.V. Fox Maiden) by the end of Q3 2008.

09 Jun 2008

TBS Acquires Handymax Bulk Carrier

TBS International Limited announced that it has entered into an agreement to acquire the M.V. Desert Explorer, to be renamed M.V. Fox Maiden, a 1985 built, 40,902 dwt handymax bulk carrier. TBS has agreed to acquire this vessel charter free for $35.5 million with expected delivery within the third quarter of 2008. Following this acquisition and the deliveries of the previously announced vessels, TBS' fleet will be comprised of 45 vessels with an aggregate of 1,351,621 dwt, consisting of 23 tweendeckers and a combination of 22 handymax/handysize bulk carriers.

20 Feb 2008

TBS International Takes Delivery of Bulk Carrier

TBS International Limited has taken delivery of the M.V. Mohave Maiden, formerly known as the M.V. Diasozousa, an acquisition it had announced in October 2007. The M.V. Mohave Maiden is a 1984 built, 28,074 dwt handysize bulk carrier that the Company agreed to acquire charter free for $26.0 million. With this delivery, TBS' currently fleet consists 40 multipurpose tweendecker, handymax and handysize vessels. TBS expects to take delivery of two multipurpose tweendeckers (the M.V.s Ottawa Princess and Caribe Maiden) by the end of the first quarter of 2008, and one handymax bulk carrier (M.V. Canarsie Princess) by the end of the second quarter of 2008.

09 Feb 2004

Graig builds Diamond alliance in Vietnam

state shipbuilder Vietnam Ship Industry Corporation (Vinashin). Graig's long standing experience with building high quality ships in China. Graig. with procurement, with finance and with all important quality control. Vietnam can provide them with high quality tonnage. significantly enhancing safety and environmental protection. Delivery date for the first Vinashin vessels is January 2006. Namtrieu Shipbuilding Industry Company in Haiphong. largest and most sophisticated vessels yet built in Vietnam. another substantial shipbuilding centre," says Williams. with the full support of the Vietnamese government. discussion. discussions with charterers. company based in Shanghai. Bulk Carrier with full Nauticus package including a full 3-D model. is scheduled for delivery this year.

03 Jan 2001

Wärtsilä Logs More Orders For Innovative Sulzer Engine

Wärtsilä Corporation has received the second order for Sulzer RT-flex diesel engines, which are powerplants that apply common-rail fuel injection with full electronic control to Sulzer RTA-series low-speed marine diesel engines. The units are reported to deliver benefits such as lower exhaust emissions, or lower fuel consumption at part load. Two seven-cylinder Sulzer RT-flex60C engines have been ordered to propel two 13,200 dwt containerized reefer ships contracted at Estaleiros Navais de Viana do Castelo in Portugal. Each 7RT-flex60C engine will have a maximum continuous output of 16,520 kW (22,470 bhp) at 114 rpm. The engines will be built at Wärtsilä's Trieste, Itlay facility. The ships have been contracted by the Agricultural Export Co.

10 Mar 2005

Excel Maritime Agrees to Acquire MV Fiona Bulker

Excel Maritime Carriers Ltd a shipping company specializing in the seaborne transportation of dry bulk cargoes such as iron ore, coal and grains, announced that it agreed in late February 2005 to acquire a Handymax bulk carrier, MV Fiona Bulker, for a purchase price of $25.6 million. MV Fiona Bulker (to be renamed "MV Princess I") is a Handymax bulk carrier of approximately 38,800 dwt, built in 1994 by Ishikawajima-Harima Heavy Industries. The vessel is expected to be delivered by late May 2005. MV Fiona Bulker is the ninth vessel that the Company has agreed to acquire since Christopher Georgakis joined Excel Maritime as CEO in late October 2004.

07 Jun 2005

Excel Maritime Takes Physical Delivery of MV Princess I and MV Angela Star

Korea. MV Angela Star is a Panamax bulk carrier of 73,798 dwt built in 1998. vessels were built in Japan. February 21, 2005 and MV Angela Star on March 23, 2005. delivery of MV Princess I and MV Angela Star.

13 Nov 2006

TBS International Limited Expands Fleet

TBS International Limited an ocean transportation services company that offers worldwide shipping solutions through liner, parcel and bulk transportation services, announced today that it has taken delivery of the M.V. Seminole Princess (ex M.V. Clipper Flamingo), a vessel it had previously agreed to acquire. The M.V. Seminole Princess, 29,516 dwt, was built in 1997 at the Dalian Shipyard. With the delivery of the M.V. Seminole Princess, the TBS fleet currently consists of 32 multipurpose, handymax and handysize vessels. Between November 20 and December 5, 2006, TBS expects to take delivery of two additional bulk carriers that it has agreed to acquire, further expanding its fleet to 34 vessels. These two vessels are the M.V. Laguna Belle (ex M.V.

30 Oct 2006

TBS Buys $16.1m Ship Carrier

According to reports, TBS International Ltd., an ocean transportation services company, has acquired a bulk ship carrier for $16.1m. The handymax bulk carrier will be able to carry anywhere between 35,000 tons to 50,000 tons. The ship, to be renamed M/V Alabama Bell, is expected to be delivered to TBS between Nov. 20 and Dec. 5. The purchase of Alabama Bell will expand TBS's fleet to 34 vessels. Shares of TBS dropped 1 cent to $8.09 on the Nasdaq in late morning trading. Source: AP

25 Sep 2002

Four-Ship Boost for Diamond 53 Double Hull

A Consortium led by the U.K.-based Graig Group and its China-based subsidiary have given a major boost to the Diamond 53, a new, future-proof double-hull ultra-handymax bulk carrier design, by signing a letter of intent to build four vessels, with four options, at CSIC yards in China. Delivery of the first of a series of Diamond 53 type vessels is scheduled for 2004. "Double hull bulk carriers are the way forward," says Hugh Williams, ceo of Graig. owners and charterers major operational cost savings, while significantly enhancing safety and environmental protection. conducting. The Diamond 53 ultra-handymax double-hull bulk carrier design has been developed jointly by Graig and Denmarks' Carl Bro, with whom Graig has a joint venture design company based in Shanghai.

03 Oct 2002

Four-ship Boost for Diamond 53

ultra-handymax bulk carrier design, by signing a letter of intent to build four vessels, with four options, at CSIC yards in China. first of a series of Diamond 53 type vessels is scheduled for 2004. "Double hull bulk carriers are the way forward," says Hugh Williams, CEO of Graig. owners and charterers major operational cost savings, while significantly enhancing safety and environmental protection. conducting. The Diamond 53 ultra-handymax double-hull bulk carrier design has been developed jointly by Graig and Denmarks' Carl Bro, with whom Graig has a joint venture design company based in Shanghai. operational experience both from owners and class. including a full 3-D model. The first series of ships are intended to be built at Bohai and other nominated CSIC Shipyards in northern China.