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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. northropgrumman.com  


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, ChannelNewsAsia.com 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.


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


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


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


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


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.  


St. Johns Delivers Tugs for Australian Project

st_johns_logo.jpg

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.  


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


Baltic Index Touches New Record Low

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, registered a new all-time low on Monday on muted vessel demand.   The overall index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal and fertiliser


Hempel’s Dynamic Brings Saving for Lemissoler

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Global shipmanagement company, Lemissoler Navigation, via its affiliated and managed company Frontmarine Co. Ltd, has achieved significant fuel savings from coating its newbuild 58,500dwt supramax bulk carriers with Hempel’s Dynamic antifouling product.


Hempel Coatings for Lemissoler Newbuilds

Global shipmanagement company, Lemissoler Navigation, via its affiliated and managed company Frontmarine Co. Ltd, has coated four of its eight newbuild 58,500 dwt supramax bulk carriers with Hempel’s Dynamic antifouling product, and based on its performance


CMA-CGM and Cosco Alliance in the Offing?

Ocean Three alliance. Image: Drewry

 The newly-formed shipping giant China Cosco Shipping Corporation and CMA CGM met recently in Shanghai to discuss the possibility of a new French-Asian alliance, say local Chinese media.   According to sources,  the alliance would also include Orient Overseas Container Line (OOCL)


Dry Bulk Suffers From Poseidon’s Potent Prongs

Graph: Clarksons Research

 It has been a grim start to 2016 for the bulkcarrier market, with the Baltic Dry Index sliding to new record lows on almost every day of the year so far, says Clarksons Research.   With a nearly constant stream of negative news continuing to emerge across each of the key dry bulk


Safety Milestone for Maydon Wharf Infrastructure Upgrade

Photo: TNPA

Transnet Capital Projects (TCP) – which is overseeing Transnet National Ports Authority’s project to reconstruct the quay walls and deepen berths at Maydon Wharf – recently achieved a safety milestone of 1,000,000 man hours without a lost time injury (LTI) on the reconstruction


Baltic Index Slides to New Low

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, touched a new all-time low on Monday as concerns of weak global demand and vessel oversupply weighed on the sector.   The overall index


Recent Vessel Sales - January 2016

Vessel sales for January 2016 (as of February 1) as prepared by Shipping Intelligence, Inc., New York.   Date Reported - Vessel Name - DWT - Built - (Age) - Price in Millions USD   Bulk Carriers 1/27 - ASIAN TIDE - 7,365 - 08(8) - $1.3 1/20 - SHUEI - 19,968 - 12(4) - $9


US-flag Great Lakes Cargos Down in January

Source: LCA

U.S.-flag Great Lakes freighters carried 2.3 million tons of dry-bulk cargo on the Great Lakes in January, a decrease of 23 percent compared to a year ago, according to figures compiled by the Lake Carriers’ Association (LCA).  Iron ore cargos decreased 20 percent


New China Cosco Shipping Commencing Ops

Pic: China Cosco Holdings

China's Ministry of Commerce has approved the merger of China Ocean Shipping (Group) and China Shipping (Group) so that the combined company can begin full operations.   The company sources said, the newly merged entity will officially be launched and commence operations in Shanghai on


Baltic Index Slips Below 300 Points

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, slipped below 300 points on Thursday, to an all-time low.   The overall index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal and fertiliser


Diana Shipping to Acquire Three Panamax Ships

Diana Shipping Inc. has signed, through three separate wholly-owned subsidiaries, three Memoranda of Agreement to acquire from a related party three Panamax vessels for an aggregate purchase price of $39.8 million. These vessels are the m/v Sunshine, a 2010 built Panamax dry bulk vessel of 75


Dry-Bulk Shipping: Hitting the Bottom

Photo: China COSCO Bulk Shipping (Group) Co

 Dry bulk shipping companies being hit the hardest on account of the deteriorating business climate are likely to be swept by a new wave of bankruptcies, reports Nikkei.   The global commodities bust has rocked the dry-bulk shipping industry


Cosco Merger May Change Industry Dynamics

Image: China Shipping group

 The merger between China Shipping group and the Cosco Group has given rise to a mammoth company that could trigger stability and extended consolidation in the global shipping industry, says a report in the WSJ.   The merger will free the two Chinese shipping groups from competing


Demolition Age Drops as the Dry Bulk Market Enters Another Challenging Year

Graph: BIMCO

 The dry bulk market faced a lot of headwind in 2015 as dwindling demand and over-supply created very unfavourable market conditions, says BIMCO.   2016 has shown no improvements so far and prospects for the rest of the year are not looking promising






 
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