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 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Belgian Strike to Impact Antwerp Port

A strike in parts of Belgium on Monday is expected to disrupt rail services and one of Europe's largest ports as trade unions and workers voice their anger over

Statoil Halts Angola Exploration, Cancels Rig Contract

Norway's Statoil has halted its exploration campaign in Angola after several disappointing wells and canceled a rig contract with Stena Drilling, the firm said on Friday.

Transas Launches Web Map Service

Transas Marine has launched Transas Web Map Service (WMS)to provide transparent and easy access to navigation charts through common interface. Access to comprehensive

Shipbuilding

Video: Reefer RoRo Ship Design Rebooted

Expanding on the Reefer RoRo Ship design release in September last year, naval architects group Knud E. Hansen A/S has continued the development of the new Reefer RoRo Ship design with version II.

HHI to Build FSRU for Höegh LNG

A new Floating Storage and Regasification Unit (FSRU) will be built by the Korean shipbuilding Company Hyundai Heavy Industries (HHI). This FSRU will be the fifth

Seaspan Shipyard's Prompt Response to Canadian Coast Guard

Seaspan Shipyard’s long-standing relationship with the Canadian Coast Guard was proudly showcased in recent days, with simultaneous repair and maintenance work

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics 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: 0.1119 sec (9 req/sec)