SCI Expands Fleet

Wednesday, July 13, 2011
(Image courtesy: www.shipindia.com)

SCI signed contracts for acquisition of two Supramax bulk carriers on resale basis which were originally contracted by M/s Grand Yard Investment Pvt. Ltd., China and were under construction at M/s Guoyu Shipyard, China. SCI had signed contracts for these two resale vessels during April 2011. The second vessel is scheduled to be delivered to SCI by July end.
The vessel has a gross tonnage of 33,032 tons and deadweight of 56,638 tons. The vessel has been classed with BV and IRS and has been built to comply with the latest and most stringent international regulations.   This will be the first vessel in SCI fleet to be equipped with camless electronic main engine.
India has been on a fast track growth trajectory and industrial and infrastructural development plays a major role to sustain this growth. Strengthening its bulk carrier fleet would definitely help SCI contribute to this growth as well as increase its presence in the bulk carrier segment. The prevailing downturn in the shipbuilding market is throwing up opportunities for acquiring tonnage at attractive prices and SCI is geared to take advantage of such opportunities.
With addition of this vessel, SCI’s fleet strength has increased to 79 vessels. Acquisition of the vessel is in line with SCI’s strategy of maintaining a modern and young fleet of vessels. The Company has 30 vessels on order at present and 12 of these are scheduled for delivery by the end of 2011.

www.shipindia.com

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

Contracts

New Superyacht ROCKIT.IT Launched by Feadship

Feadship says it has launched the outstanding 60.35-metre motoryacht ROCK.IT. Created for an experienced owner who has chartered Feadships and appreciated the essence of the brand,

FTA Approves WSF Ferry Terminal Plans

In the latest Washington State Ferries Weekly Update, Capt. George A. Capacci, Interim Assistant Secretary WSDOT/Ferries Division briefs as follows: "FTA approves

NZ Interislander Ferry to Dry-dock in Devonport

NewZealand's KiwiRail says that the Interislander ferry Arahura has left Wellington for her scheduled bi-annual dry-docking in Devonport, having last visited Auckland in July 2012.

Shipbuilding

ClassNK's Noboru Ueda Attends KOTC Delivery Ceremony

Mr. Noboru Ueda, Chairman and President of ClassNK attended the delivery ceremony for the M/T Al Yarmouk, constructed at Daewoo Shipbuilding & Marine Engineering Co.

RIMPAC Exercise Puts LCS Through Paces

It was the middle of May, and the littoral combat ship Independence was operating out of San Diego, testing components of the mine warfare mission package. The mission is one that,

New Superyacht ROCKIT.IT Launched by Feadship

Feadship says it has launched the outstanding 60.35-metre motoryacht ROCK.IT. Created for an experienced owner who has chartered Feadships and appreciated the essence of the brand,

Bulk Carrier Trends

Scrap Metal Exporter Pens Terminal Agreement

Port Canaveral Scrap Terminal LLC (PCST), a bulk ferrous scrap exporter, has signed a lease with the Canaveral Port Authority to operate a terminal in the north cargo area at Port Canaveral.

US Rail Jams Force Rush to Roads and Rivers

U.S. coal-burning power utilities are being forced to turn to barges and more expensive trucks to move coal, desperate to shore up stockpiles left dangerously low

Latest Ocean-Going Shipbuilding Orders

Clarkson Hellas notes in its latest 'S&P Weekly Bulletin' shipbuilding orders placed in the dry bulk, tankship, gas carrier and containership sectors, as follows: Dry

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair 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: 0.1580 sec (6 req/sec)