LASCO Fleet Orders Two New Vessels

Tuesday, October 01, 2002
With a twin-masted sterling silver replica of an Imabari sailing ship in front of them to commemorate the event, officials of Lasco Shipping Co. (LASCO) and Imabari Shipbuilding Co., Ltd., (Imabari) signed contracts for two 28,200 dwt logger/bulk carriers to be built at the Imabari shipyard. Imabari will deliver the first of the two vessels in February 2004 and the second in April 2004. "We're building on a well established good business relationship with Imabari", noted Anton U. Pardini, Lasco's President, calling attention to vessels in the LASCO fleet that were previously built by Imabari. Pardini went on to comment that "these vessels are designed, sized and built to provide economical service to the bulk commodity trades. The investment underscores our long-term commitment to the trade and bolsters our position as one of the preeminent carriers of logs and other wood products." E. Higaki, Executive Vice President, said "We're pleased to be building on our relationship with LASCO and are looking forward to future shipbuilding opportunities on their behalf." He went on to recognize that LASCO has a track record of successfully serving global markets with the Imabari 28 type small handy bulkers and Imabari appreciates having LASCO as another satisfied customer. These two newbuildings will join the Lasco Logger Pool, one of the world's largest logger fleets. The Lasco Logger Pool, established in 1999, is managed by Mr. Daniel Hall, with nineteen vessels presently in the Pool fleet. The ability of the Pool to offer vessels from owners with a shared vision and philosophy of business, committed to providing reliable service, quality vessels and better utilization of tonnage results in more cost competitive and efficient service to the shipper trade. Construction of bulk carriers is not new to Imabari. The 28,200 dwt logger bulk carrier vessel has been a key feature and mainstay of Imabari's shipbuilding capacity. The two newbuildings key design dimensions are a length of 160.4 m, beam of 27.2 m, with a draft of 9.8 m when fully loaded. Each vessel is equipped to carry logs, with five holds and four electro-hydraulic deck cranes. The two new vessels will join a LASCO owned or operated fleet of 24 vessels. In addition, LASCO earlier this year ordered two other bulk carrier newbuildings that also will be delivered in 2004.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Wärtsilä Electrical Systems for SIEM RoRo Ferries

Wärtsilä has been awarded the contract to provide integrated turnkey electrical solutions for four new RoRo ferries being built at the Flensburger Schiffbau-Gesellschaft (FSG) yard in Germany.

Mermaid Maritime Bags Subsea Contracts, Delays Newbuilding

Thailand’s Mermaid Maritime said it has been awarded a number of subsea contracts in the Middle East with a total worth of $11million.   It has also reached

Diana Charters Out Two Bulkers

Diana Shipping Inc. today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Bunge S.A., Geneva, for one of its Panamax dry bulk vessels,

Marine Electronics

SRH Marine and Setel Powerline Pact for Greek Market

SRH Marine Electronics SA and SETEL PowerLine Ltd have entered a Reseller and Installation Partner Agreement.    Through this cooperation SRH is able to offer

OOCL Renews VOD Training Contract

Videotel, producer and distributor of training videos, 3D animation, and e-Learning courses to the maritime market and part of KVH Industries, Inc., (Nasdaq: KVHI),

Raytheon Anschütz Selected as INS Provider for Canada’s OFSV

Raytheon Anschütz Selected as INS Provider for Canada’s OFSV   Thales, a major system integrator in Canada, has chosen Raytheon Anschütz as the supplier of the

 
 
Maritime Security Maritime Standards Navigation Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.0744 sec (13 req/sec)