Bocimar Expands Newbuild Program

Thursday, December 13, 2007
Bocimar has expanded its newbuilding program with the acquisition of two newbuilding Capesize vessels. The first has been ordered from Imabari (Japan). The purchase price of this 180,000 dwt unit amounts to $108 million and delivery is expected to take place in the course of the first quarter 2010. The second vessel – 177,000 dwt – has been ordered from the SWS yard in China. The purchase price amounts to $115.5 million with delivery scheduled for December 2008/January 2009. Recently Bocimar reached an agreement in principle with the Australian mining group Fortescue Metals Group (FMG) for the transport of iron ore from Australia to China. The agreement includes the use of two vessels, one for a period of 10 years and one for a period of 5 years, and covers the transport of approximately 30 million tons of iron ore.
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Orica Fined Heavily for Australian Pollution Incidents

Orica Australia Pty Ltd has been convicted and penalised $768,250 in relation to charges brought by the NSW Environment Protection Authority (EPA) for pollution

Canaveral Shipwreck Search Permit Granted to Seafarer's Quest

Research and recovery of historic shipwrecks experts Seafarer Exploration Corporation says that Seafarer's Quest, LLC has successfully been granted a three year

Höegh LNG Partners Launch IPO

Höegh LNG Partners LP ("Partnership"), a Marshall Islands limited partnership formed by Höegh LNG Holdings Ltd. ("Company"), announced today that it has commenced an initial public offering of 9,

Shipbuilding

Burger Boat to Build New Passenger Vessel

Burger Boat Company announced that it has received a contract for the construction of an 89-foot (27-meter) steel passenger vessel for Wendella Sightseeing Company, Chicago, Ill.

Metal Shark’s New Yard Now Operational

Louisiana-based boat manufacturer Metal Shark announced it has commenced operations at its new shipyard, where the first of its recently announced Endurance-class catamarans is now in production.

DNV Type Approved Anchor Winch for the Arctic Prowler

JK Fabrication has landed DNV certification for its 40-30-3000-DNV series Anchor Winch. Culminating a two-year process, JK’s C-series winch was at last awarded

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1103 sec (9 req/sec)