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New Bulk

Sperry Navigation Systems for 7 Bulk Carriers

Jeanne Usher, managing director, Sperry Marine business unit, Northrop Grumman.

Northrop Grumman Corporation has been awarded a contract by Peter Dohle Schiffahrts-KG to supply the Integrated Bridge Systems, including navigation, voyage data recorders and radio systems, to seven new bulk carrier ships. Northrop Grumman's Sperry Marine business unit will supply the equipment to Jiangsu Hantong Shipyard in Nantong, Jiangsu, China. The full Integrated Bridge System package will include VisionMaster FT Radars, VisionMaster FT ECDIS, Magnetic Compass System, Echosounder, VoyageMaster G4 Voyage Data Recorder, Gyrocompass, GMDSS Radio, Autopilot and Steering Control System and Speed Logs. "This award extends the longstanding business relationship that we have with Peter Dohle," said Jeanne A. Usher, Managing Director, Northrop Grumman Sperry Marine. "These new bulk carriers will be equipped with a broad array of the most advanced navigation and data systems commercially available today." Deliveries for the 38,800 deadweight tonnage bulk carriers will take place between April 2015 and September 2016, with installations beginning during the second half of 2014. Based in Hamburg, Germany, Peter Dohle Schiffahrts-KG is a leading provider of shipping services worldwide.  

China Shipyard Delivers Another Supramax Bulk Carrier

57,000 dwt Bulk Carrier: Photo credit COSCO

COSCO Corporation (Singapore) Limited says its COSCO Dalian shipyard has delivered the 57,000 dwt bulk ship 'Guotou' to its Asian buyer. The new bulk carrier measures 189.99 meters in LOA, 32.26 meters in breadth and 18 meters in depth. About COSCO Shipyard Group Founded in June 2001, COSCO Shipyard Group Co., Ltd, is a subsidiary of China Ocean Shipping Company (COSCO), specializing in large vessel construction, marine engineering, construction and conversion

Cosco Shipyard Gets New Orders

Cosco has secured new shipbuilding contracts for its shipyard in Zhoushan, China, reported. One of the contracts is to build 12 new bulk carriers of 57,000 dead weight tons each. A second contract is for four pure car and truck carriers that can carry 5,000 vehicles each. They were awarded by a sister company, Cosco International Ship Trading. The ships are to be delivered between December next year and October 2009.

China-built, CSL's Fourth New Laker Homeward Bound

Personnel Laker Baie Comeau

The last of Canada Steamship Lines’ (CSL) four newbuild Trillium Class self-unloading Lakers, the 'Baie Comeau', set sail June 30, on her maiden voyage from Chengxi Shipyard in Jiangyin, China, en route to Montreal, Quebec, for service on the Great Lakes & St. Lawrence Seaway. Commanding the Baie Comeau as she crosses the Pacific Ocean and transits through the Panama Canal is Captain Andriy Bondarenko, with Chief Engineer Francis Cotton

NOC Supplies Italian Bulk Carriers

Northrop Grumman Corporation has been selected to supply the bridge navigation systems for three new bulk carriers being built in China for Italian shipowner Deiulemar Shipping. Each of the ships is to be fitted with the company’s Sperry Marine VisionMaster FT S- and X-band radars, gyrocompass, autopilot, steering control, speed log, echosounder, voyage data recorder and other navigation systems. The equipment is being supplied through Telemar

Baltic Trading Take Delivery of Capesize, & Charter Out

Bulk carrier image CCL

Baltic Trading Limited has accepted delivery of the first of two new bulk carriers, 'Baltic Tiger', a 179,185 dwt Capesize vessel, and found a time charter for the vessel without delay. The Baltic Tiger delivered to its charterer, Swissmarine Services S.A., has commenced a spot market-related time charter for 10.5 to 13.5 months. The rate for the spot market-related time charter, which is subject to the completion of definitive documentation, is based on 102

CSL’s Trillium Class Sails for Great Lakes

The Baie St. Paul, Canada Steamship Lines’ first of four new Trillium Class self-unloading Lakers.

The Baie St. Paul, Canada Steamship Lines’ first of four new Trillium Class self-unloading Lakers – and  the most technologically advanced ship to enter the Great Lakes-St. Lawrence Seaway bulk shipping market – set sail today on her maiden voyage from Chengxi shipyard in Jiangyin, China to Montreal, Quebec. “Every first voyage of a new ship is an exciting event, but with the Baie St

St. Johns Delivers Tugs for Australian Project


St. Johns Ship Building delivers two tugs to Smithbridge for high profile terminal construction project in Botany Bay.   St. Johns Ship Building of Palatka, Fla. delivered two custom built twin screw push tugs, the Lady Shayne and the Lady Dashelle, for Smithbridge of Brisbane Australia. These 25-ft tugs feature twin John Deere model diesel engines with a combined rating of 600hp and conventional shaft drives with reversing gears.  

Corpus Christi Port Reduces its Security Surcharge

Port Commissioners approved a 25% reduction in the Port of Corpus Christi Authority security surcharge on wharfage and dockage effective April 1, 2011. The reduction will provide an estimated $900,000 cost savings to our customers and help the Port maintain a competitive advantage. “The Port is always looking for better ways to serve our customers. Reducing the security surcharge will not cut security efforts or personnel.” said Mike Carrell, Port Commission Chairman.  

ABS President Comments on Bulk Carrier Safety

At the Seatrade International Maritime Convention in London, ABS President and CEO, Robert Somerville commented on Bulk Carrier Safety.It was in the tumultuous period when the tanker industry was still trying to adjust to OPA90, to the mandate for double hulls, to the uncertainties of COFRs and all the rest of the restrictions that were being placed on their operations.It was also a time when there had been a casualty, with a small amount of pollution, involving a bulk carrier

Weak Capesize Rates Depress Baltic Index

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Tuesday on weak demand for capesize vessels. The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels

Supramx Ship Delivered to Seanergy

Dry Bulk shipping company Seanergy Maritime Holdings Corp. announced today the delivery of a 56,819 dwt Supramax dry bulk vessel, renamed M/V Gladiatorship.   The vessel, which was built in 2010 by CSC Jinling Shipyard, has been employed in the spot market

Baltic Index Slips as Demand Falls

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Monday as demand dropped across all vessel categories. The overall index, which factors in average daily earnings of capesize, panamax

Recent Vessel Sales - September 2015

Vessel sales for September 2015 (as of October 1) as prepared by Shipping Intelligence, Inc., New York.   Date Reported - Vessel Name - DWT - Built - (Age) - Price in Millions USD   Bulk Carriers 9/16 - VAN ORCHID - 28,341 - 09 - (6) - $10

Rand Takes Delivery of Newest Self-Unloader

Bulk freight shipper Rand Logistics, Inc. has taken delivery of its newest Canadian self-unloading vessel, increasing its fleet to 16 ships, including 10 Canadian flagged and six U.S. flagged vessels.   According to Rand, the new vessel will have the largest carrying capacity of any

Asia Dry Bulk-Capesize Rates Impacted by China Holidays

Weak holiday demand to pressure rates lower. Rebound seen after China returns to market on Oct 8. Freight rates for capesize bulk carriers could come under pressure next week as lower cargo volumes due to holidays in China thwart shipowners efforts to push rates higher, ship brokers said.

Weaker Capesize Demand Pulls Down Baltic Index

Photo: Alex Sergienko

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry-bulk commodities, fell on Wednesday, primarily due to lower demand for capesize vessels.   The overall index, which factors in average daily earnings of capesize, panamax

Seaspan Unveils Massive Barge in Canada

Seaspan 252 (Photo: Paul Hilder)

Seaspan bulks up investment in BC’s marine sector, celebrates addition of fourth new barge in the past 10 months  Seaspan Marine unveiled the newest addition to its marine fleet, a 16,000-metric-ton barge named Seaspan 252, during an official commissioning ceremony at Seaspan’s

New Bulkers Launched into Fuel-saving Future

View of the Elsabeth C and Mirela tied up in port in China (Photo: MAN Diesel & Turbo)

One of the first commercial applications of MAN Diesel & Turbo’s new MAN Alpha Kappel FP propeller took place off the coast of China recently when the vessel Elsabeth C, a 58,500-dwt Supramax bulk carrier owned by Frontmarine Co. Ltd – an affiliated and managed company of

Another Japanese Bulk Shipper Seeks Bankruptcy Protection

Daiichi Chuo liabilities total $1.5 bln. Second dry bulker to seek bankruptcy protection this month. Japanese bulk carrier Daiichi Chuo Kisen Kaisha said on Tuesday it had filed for protection from creditors - the second shipper to do so this month - with analysts predicting more failures if

Slower China Growth Hurts Global Shipping Sector: Fitch

Image: China Ocean Shipping Company

 China's slower growth and economic transition will pose significant risks for the already struggling shipping sector, rating agency Fitch said.   The shipping sector is already faces overcapacity, weak freight rates and stretched financials.  

Baltic Sea Freight Index Remains Flat

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, remained unchanged on Monday.   The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels

NewLead Fixes Newlead Castellano

Newlead Castellano

  NewLead Holdings Ltd. announced yesterday that it entered into a time charter contract for one of its dry bulk Eco-type Handysize vessels, the Newlead Castellano, for two consecutive voyages, anticipated to be completed by the end of November 2015, at a gross charter-out rate of US $7

Seanergy Maritime 2Q Revenue Nets $1.8 mln

Dry bulk shipper Seanergy Maritime Holdings Corp.  announced its financial results for the second quarter and six months ended June 30, 2015. For the three months ended June 30, 2015, the company generated net revenues of $1.8 million. Total equity as of June 30, 2015 was $9.4 million.

Denmark's Torm Sells Two Vessels, Exits Dry Bulk Shipping

Danish shipping company said on Wednesday it has sold two dry bulk vessels to an undisclosed buyer and will hand back a leased bulker at the beginning of October, marking its exit from the dry bulk shipping industry. Torm Anholt and Torm Bornholm are both so-called Panamax vessels and both

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