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 October 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Port Firm Fined £650,000 for Health, Safety Breach

A port operator has today (Monday 29 September) pleaded guilty to health and safety breaches, following the deaths of three crew members of a tug which capsized on the River Clyde in 2007.

IMO Takes Step Towards Electronic Certificates

In the future, the IMO member States should accept the use of electronic certificates. This is the request of the Facilitation Committee (FAL) and, hence, the road is paved for less paperwork,

K-Line to Plead Guilty to Price Fixing

Kawasaki Kisen Kaisha Ltd. (K-Line), a Japanese corporation, has agreed to plead guilty and to pay a $67.7 million criminal fine for its involvement in a conspiracy to fix prices,

Shipbuilding

Henderson, Hanes & Associates Opens Doors in Miami

Ocean Engineering/ Naval Architecture Firm Brings Innovation to the Mega Yacht Community The Miami-based ocean engineering and naval architecture firm of Henderson & Associates, Inc.

Austal Launches Trenton (JHSV 5)

Second Joint High Speed Vessel to be launched at Austal in 2014 On September 30, 2014, Austal USA successfully completed the launch process of Trenton (JHSV

Going Big for Sustainability

Orkot Marine Bearings, developed and manufactured by Trelleborg Sealing Solutions, contribute to the build of the world’s largest and most efficient containerships,

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction
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: 0.2933 sec (3 req/sec)