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Two Bulk

Giuseppe Bottiglieri Buys Two Bulk Carriers

Giuseppe Bottiglieri purchased two more newbuildings at Chinese shipyard Jiangsu Yangzijiang. The President of Giuseppe Bottiglieri di Navigazione SpA shipowning company said that the two bulkcarriers are sister vessels of the six Post Panamax (92.500 dwt) ordered last January. According to the company, in an effort to build the company’s modern fleet of bulk carriers, this $100m investment in the dry cargo sector comes after an order that was placed in January.


STX Shipbuilding Wins $215m Order

STX Shipbuilding Co., said on Jan. 29 that it has won a deal valued at $215 million to build two bulk carriers. The deal from a European shipping company calls on STX Shipbuilding to deliver the vessels by June 2010, the company said in a regulatory filing. The shipbuilder won deals valued at more than $10 billion last year to build 170 vessels including bulk carriers. In 2006, STX Shipbuilding clinched shipbuilding orders valued at $4 billion.


Daewoo Shipbuilding Wins $520m in Contracts

Daewoo Shipbuilding and Marine Engineering Co., said it won shipbuilding orders worth a total of $520m from .  Daewoo said in a filing to the Korea Exchange the orders were for two very large crude oil carriers (VLCCs) and two bulk carriers. Source:  Reuters


STX Wins $212m Bulk Carrier Order

  South Korean shipbuilder STX Shipbuilding won a $211.8m order to build two bulk carriers for an undisclosed European firm.  The vessels will be delivered by mid-2010.


Cosco Wins Contracts Worth $256.2m

Cosco Corp has won $256.2m worth of shipbuilding and conversion contracts, reports said.  The company will build two bulk carriers for a German customer to be delivered in 2010 and 2011.  The 9 conversion contracts it won are slated for completion by the fourth quarter 2009.


COSCO Delivers Three Large Bulk Carriers

COSCO Corporation (Singapore) announce that subsidiaries of the Company’s 51% owned COSCO Shipyard Group have delivered three more bulk carriers to Asian owners 1. COSCO (Guangdong) Shipyard Co., Ltd has delivered two bulk carriers of 57000 DWT, “Wuxing 5” and “APJ SHIRIN”, respectively to its Asian buyers. 2. COSCO (Dalian) Shipyard Co., Ltd has delivered a bulk carrier of 92500 DWT, “OCEAN SAPPHIRE”, to its Asian buyer.


Two New Ships for A.O. Schiffahrt

Sponsor of the Caroline Oetker was Daniela Oetker, wife of Alexander Oetker, owner of A.O. Schiffahrt and son of Dr hc August Oetker, Chairman of the Advisory Board of Dr. August Oetker KG.

Christening of the “Caroline Oetker” and the “Ida Oetker” in Shanghai On Saturday, 19 May 2012, A.O. Schiffahrt celebrated the christening of the Kamsarmax bulk carrier Caroline Oetker at the yard of Taizhou Catic Shipbuilding, near Shanghai. The sister vessel Ida Oetker was due to be christened at the same location on 26 June. Both newbuildings have a capacity of 82,000  dwt, and measure 229 x 32 m.


Unique System Delivers Performance Monitoring to ADNATCO-NGSCO

MT Abu Dhabi III - Afra-max tanker on her median voyage

Unique System FZE, a Unique Maritime Group company and an integrated turnkey subsea and offshore solution providers, was contracted by ADNATCO-NGSCO to deliver ship performance monitoring solutions that will help to optimize vessel performance and subsequently aim to reduce fuel consumption and carbon emissions. The entire project will be carried out by Unique System FZE, acting as agents for the Iceland based energy management company Marorka ehf


China Shipyard Wins Twin Panamax Bulker Contract

Bulk carrier image in public domain

COSCO Corporation (Singapore) Limited's Zhoushan Shipyard subsidiary has won a contract from an Asian buyer to construct two 64,000 dwt bulk carriers. The two bulk carriers are scheduled for delivery in the fourth quarter of 2014. About COSCO COSCO Corporation (COSCO) offers advanced capabilities in ship building, ship repair and conversion, offshore marine engineering supported by seven major shipyards strategically located along China's coastline


CSL St-Laurent on Maiden Voyage

CSL Trillium Class Great Lakes bulk carriers

  The second of Canada Steamship Lines' (CSL) two newbuild Trillium Class Great Lakes bulk carriers, CSL St-Laurent, was delivered on November 26, 2014 and set sail on her maiden voyage on December 13. She departed at 20:00 CST from Yangfan shipyard on Zhoushan Island, China, en route to Canada where she is set to operate throughout the Great Lakes and St. Lawrence River. The vessel is commanded by Captain Kevin Crouse and Chief Engineer Paul Beaudet


Confidence Low in Shipping Idustry

Image: International Chamber of Shipping (ICS)

 Confidence levels in the global shipping market have fallen to a seven-year low as a glut of cargo ships, weak freight rates and excess liquidity continue to batter the industry, a survey by Moore Stephens, a London-based consulting firm finds.  


Mega Valemax Enteres China for First Time in Two Years

 Valemax “Yuan Zhuo Hai”. Pic: China Ocean Shipping Company (Cosco)

 Mega-ore carrier  Valemax  Yuan Zhuo Hai, which is owned by China Ore Shipping,  has arrived Dongjiakou Port in Qingdao for unloading iron ore. This is the first entry of such a bulk carrier tonnage in the sea port of China for the past two years.  


WISTA Seminar on Dry Bulk Receives Wide Response

T V Shanbhag, Ex- Chief Controller of Chartering, Government of India being felicitated

  A Shipping Seminar on "Dry Bulk Chartering, Operations and Arbitration”  held on 27th June 2015 at the Narottam Morarjee Institute of Shipping, Nariman Point, Mumbai was well attended. The event which saw good response from WISTA members was orchestrated by WISTA Jt


New Record Year in Dry Bulk Demolition Underway - BIMCO

Demolition activity in 2015

  The monthly average for the first six months in 2015 is 3.3m DWT. In 2014 the first half year averaged at 1.33m DWT per month.   April 2015 saw 5.36 million DWT being retired from active service, which was the highest on record ever for a single month


IMO Adopts Gas and Low-flashpoint Fuels Code

The IGF Code, which will become mandatory under amendments to SOLAS, aims to minimize the risk to the ship, its crew and the environment, having regard to the nature of the fuels involved. (Photo:: FJORD LINE ESPEN GEES)

The new mandatory code for ships fuelled by gases or other low-flashpoint fuels was adopted by IMO's Maritime Safety Committee (MSC), when it met at the Organization's London headquarters for its 95th session from June 3-12, 2015. The Committee also placed unsafe mixed migration by sea on its


New Bulk Cargo Pad for Port Manatee

Photo: Port Manatee

Port Manatee is adding a 2-acre cargo pad to support storage of prilled sulphur, a new commodity for the Florida Gulf Coast port.   Under an agreement signed Tuesday, June 16, with longtime port tenant Gulf Coast Bulk Equipment Inc., construction of the pad is slated to begin in September


MCC Looking into San Diego Terminal Development

The Port of San Diegos Tenth Avenue Marine Terminal specializes in three cargo areas: Break Bulk, Refrigerated Containers and Bulk. The Port has entered a conditional agreement with Mitsubishi Cement Corporation for potential future operations. (Photo: Port of San Diego)

 As part of strategic efforts to increase cargo business at the Port of San Diego, the port has entered into a conditional agreement with Mitsubishi Cement Corporation (MCC), one of the largest cement companies in California, for potential future operations at Tenth Avenue Marine Terminal.


Sale of m.v. Star Mega

M.V. Star Mega

  Star Bulk Carriers Corp.  a global shipping company providing transportation solutions in the dry bulk sector, today announced the sale of M/V Star Mega, a 170,631 dwt Capesize vessel, built in 1994, to an unaffiliated third party.


China to Retrofit 172,000 Civilian Ships for Military Use

Photo: China Shipping Lines

China set to retrofit 172,000 merchant ships for military purposes so they can be used in the event of a war, reports the Diplomat.   Chinese civilian shipbuilders have to ensure that their vessels can be used by the People's Liberation Army Navy (PLAN) during times of ‘crisis’


The Hour of the Wolf for Panamaxes - Platts Report

Shipowners operating in the trans-Atlantic dry bulk

Shipowners operating in the trans-Atlantic dry bulk market, where prices have been plumbing two-year lows on the back of acute vessel oversupply and shifting patterns in minerals demand, could be facing brighter days, according to the latest special report released by Platts


Globus Maritime Reports Q1 Loss

Image: Globus Maritime Limited

 Greece-based dry bulk shiping company, Globus Maritime has been pushed back into the black by miserable dry bulk rates, but the company has said that it is awaiting market improvements within 2015.    George Karageorgiou, President


Star Bulk Sells Star Christianna

  Star Bulk Carriers Corp., a global shipping company providing transportation solutions in the dry bulk sector, today announced the sale of M/V Star Christianna (a 74,577 dwt Panamax vessel, built in 1998) to an unaffiliated third party.


Svitzer Orders Pair of Damen Tugboats

Photos courtesy of  Damen

Svitzerhas ordered two more Damen ASD 3212 tugs with 80 tons bollard pull performance for its escort and towing operations on the Thames and Felixstowe. They are being built at Damen’s ong Cam Shipyard in Vietnam and will be delivered to Svitzer UK in October 2015.


China says Changing Position on Sea Dispute would Shame Ancestors

South China-sea

  Changing position on China's claims over the South China Sea would shame its ancestors, while not facing up to infringements of Chinese sovereignty there would shame its children, Foreign Minister Wang Yi said on Saturday. China has become increasingly assertive in the South China Sea


Scorpio Bulkers Charters Out Newbuild Bulker

Dry bulk marine transport provider Scorpio Bulkers Inc. announced today that it has agreed to time charter-out the SBI Montesino, a Capesize vessel that is currently under construction in South Korea with delivery expected in July, 2015. Upon delivery from the shipyard






 
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