Bulk Carrier News

16 Jul 2019

IMO2020: The Rise of Bulk Liquid Hydrogen in Norway

Renderings of a bulk carrier for the transportation of liquefied hydrogen by Moss Maritime, Wilhelmsen Ship Management, Equinor, and DNV-GL. Photo credit: Moss Maritime.

Imagine a power distribution network where excess renewable energy from hydropower, wind, solar, and nuclear energy is converted to hydrogen and used as transportation fuel in the maritime industry. With the allure of a zero emissions fuel, a number of ship owners are starting to seriously consider hydrogen for newly built vessels. As a bold first step, the country of Norway has provided a number of grants to leading maritime companies to conduct feasibility studies into various aspects of this emerging technology sector.

16 Jul 2019

BHP to Order LNG-Fueled Bulker

Image: BHP

International mining company BHP BHP floated a bulk carrier tender for LNG-fueled transport for up to 27 million tonnes of its iron ore.The Melbourne-based resource company said in a release that this is the world’s first bulk carrier tender for LNG-fueled  iron ore vessel.The mining giant is considering LNG as a way to eliminate nitrogen oxide and sulfur oxide emissions by launching the world’s first tender for the ships.Rashpal Bhatti, Vice President, Maritime and Supply Chain…

12 Jul 2019

S'hail Adds 2 Ships to Klaveness Pool

Image: Shail vessel Credit: Shail Shipping

Qatar based  S'hail Shipping and Maritime Services has added two panamax dry bulk carrier into the Baumarine pool, a specialized panamax, kamsarmax and post-panamax pool run by Torvald Klaveness.The Norwegian shipping company said in a press note that the good vessels MV S’hail al Rayan and MV S’hail al Dukhan of S’hail Shipping recently joined its pool.Head of Pool Management at Klaveness, Hans Næss Olstad explained, “With this fourth and fifth vessel in the Baumarine Pool, S’hail…

11 Jul 2019

NYK Builds NGEN Bulk Carrier

Photo: NYK

Japanese shipping giant Nippon Yusen (NYK) has concluded a contract with Japan Marine United Corporation (JMU) for construction of a next-generation (NGEN) energy-saving bulk carrier.After delivery in 2021, the ship is expected to transport raw materials for JFE Steel Corporation under a long-term charter contract between NYK and JFE Steel.The ship will be a cape-size bulker for trading iron ore and coking coal in and around the Pacific. The new energy-efficient vessel not only…

10 Jul 2019

Tsuneishi Bags Order for 10 Bulkers

File Image: Tsuneishi Shipbuilding Co

Japanese shipping company Nissen Kaiun has ordered ten Handysize bulkers from compatriot shipbuilder Tsuneishi Group.Though official sources maintained that Tsuneishi Shipbuilding receives order for several units from a shipowner in Japan for the newly developed 42,000-metric-ton log and bulk carrier TESS42 without revealing the name and numbers, some media-outlets report that the order was for ten bulkers and name of the buyer is Nissen Kaiun.According to Asiasis, the contract has a total value of about $250 million.

09 Jul 2019

Wärtsilä Achieves New Benchmark with Hybrid Solution for Bulk Carriers

Photo courtesy of Wärtsilä

Wärtsilä reports it has achieved a new tech benchmark with the introduction of a hybrid installation for a bulk carrier, reportedly a maritime first.The system will be installed on the M/V Paolo Topic, a bulk carrier built at Onomichi Dockyard in Japan and managed by Marfin Management S.A.M. Wärtsilä’s hybrid power module, the Wärtsilä HY, is designed to deliver seamless integration and control of the technologies to be installed, with the ship’s various existing power production systems.  The integrated solution is expected to deliver a  reduction in fuel consumption and maintenance costs.

08 Jul 2019

193 Ships Broken in 2Q, 2019

Graphics: NGO Shipbreaking Platform

The NGO Shipbreaking Platform said that there were a total of 193 ships broken in the second quarter of 2019 and the 146 of these were sold to South Asian scrapping beaches. South Asian working conditions are known to be dire and breaking practices cause irreparable damage to the coastal environment, it added.Between April and June, Platform sources recorded three accidents that killed at least five workers on the beach of Chittagong, Bangladesh, bringing the total death-toll of the shipbreaking industry this year to at least eight workers.In the early morning of 15 May…

08 Jul 2019

Langh Tech Provides Scrubber for Chios

Image: Langh Tech

Finland-based Langh Tech designs, the provider of scrubbers for SOx removal from exhaust gases and water treatment units for closed loop scrubbers, has successfully delivered a scrubber system to the Chios Navigation 50.000 dwt Medium Range product Tanker, a new-building from Hyundai Mipo Shipyard.Chios Navigation, a Greek ship-owning company owning nine bulk carrier and three medium range product tanker vessels, has selected during early 2018 Langh Tech Open Loop-Hybrid ready…

04 Jul 2019

Daniamant Hails Inclinometer Regulations

Daniamant’s DanEI-300 Electronic Inclinometer. Photo: Daniamant

Danish marine safety equipment manufacturer, Daniamant voiced its support of the German government's proposal to make electronic inclinometers mandatory for new build container and bulk carrier vessels.The Marine Safety Committee (MSC) of the International Maritime Organisation (IMO) has recently approved the German government’s proposal.Kevin Rough, CEO of Daniamant, comments, “Electronic inclinometers are an important safety product designed to support the on-board decision-making process and help reduce risk to crew and vessels.

02 Jul 2019

Wärtsilä, Oshima & DNV GL Produce Bulker Design

The new Ultramax Bulk Carrier design meets the IMO 2030 environmental targets. (Photo: Wärtsilä)

The technology group Wärtsilä, Japanese ship builder Oshima Shipbuilding, and the classification society DNV GL have delivered the first results of their joint industry development project. At the recent Nor-Shipping exhibition held in Norway, the project partners announced a next-generation 62,000 dwt Ultramax Bulk Carrier design that is optimized according to actual operating profiles, and that will meet coming emissions legislation. The design demonstrates that emission levels…

24 Jun 2019

Shipping Company Pleads Guilty to Environmental Laws

© Giorgos Tsampazis/ MarineTraffic.com

Portline Bulk International S.A. pleaded guilty in federal court in Charleston, South Carolina, to one count of violating the Act to Prevent Pollution from Ships and one count of Obstruction. The charges stem from the falsification of the Oil Record Book onboard the M/V Achilleus, a Maltese-flagged ocean-going bulk carrier ship managed by Defendant Portline.From April 2017 to August 2018, senior members of the vessel’s engineering team oversaw and participated in the bypass of the ship’s Oil Water Separator utilizing a yellow plastic hose, referred to as a magic pipe.

24 Jun 2019

Noble Sells Bulk carrier Ocean Ruby

File Image: Noble Group

Singapore's  Noble Group Holdings Limited announced that its subsidiary Asia Rainbow International Limited has completed the sale of the vessel M/V Ocean Ruby.The sale has been completed for aggregate consideration of US$13.2 million, said the company in a stock exchange anouncement.The 93,000-dwt Ocean Ruby was built in 2010.According to the statement, the net proceeds from the disposal, after deducting broker and address commission were USD 12.87 million.The sale of Ocean Ruby…

19 Jun 2019

Wartsila, Grimaldi Cut 3.5% Fuel Bills

Image: The Energy Saving Device was successfully tested on the ‘Grande Portogallo’, a Grimaldi Lines vessel. Copyright: Grimaldi.

Finnish technology group Wärtsilä,  the Netherlands based Maritime Research Institute MARIN and Italian ship owner Grimaldi, have together successfully designed an Energy Saving Device (ESD), suitable for use by ships with Controllable Pitch Propellers (CPPs)."Following model tests, and subsequent sea trials with Grimaldi’s ‘Grande Portogallo’, a 165 metres long Pure Car & Truck Carrier, fuel efficiency gains of 3.5 percent were confirmed," said a press release from the engineering company.

12 Jun 2019

Oshima, DNV GL Sign Strategic Cooperation

The new “Oshima Ultramax 2030” design  (Photo: DNV GL)

Spurred by the IMO strategy to reduce greenhouse gas (GHG) emissions, Oshima Shipbuilding and classification society DNV GL have signed a long-term strategic cooperation to conduct research and development together on new bulk carrier designs. The first design to result from the cooperation, the “Oshima Ultramax 2030” leading to a 50% reduction in EEDI, was launched at the Nor-Shipping trade fair in Oslo.The partners aim to continue the strategic cooperation through to 2030, developing and updating a road map towards the IMO zero emissions scenario…

06 Jun 2019

DNV GL, New Dayang Shipbuilding Agree on JDP

Photo: DNV GL

As part of the strategic cooperation agreement signed between SUMEC Marine Company Ltd. and DNV GL last year, SUMEC’s New Dayang Shipbuilding Co., Ltd. and DNV GL have agreed on a Joint Development Project (JDP) to update the Crown 63.5k Bulk Carrier design. The agreement was signed at the Nor-Shipping trade fair in Oslo.The JDP will include the application of the new harmonized common structural rules (HCSR) to the design, as well as a focus on improving the energy efficiency of the design, particularly in the ship board machinery and electrical systems.

05 Jun 2019

DNV GL, SUMEC Sign JDP for Bulker Design

Mr Xu Bin, General Manager of New Dayang Shipbuilding Co., Ltd. (left), and Norbert Kray, DNV GL’s Regional Manager Greater China. In the back: Mr Xu Gang, General Manager of SUMEC Marine Co., Ltd. (right), and Mr Li Guohua, Technical Manager of SUMEC Marine Co., Ltd. Photo: DNV GL

New Dayang Shipbuilding, a unit of China's SUMEC Marine Company Ltd and the international accredited registrar and classification society DNV GL have agreed on a Joint Development Project (JDP) to update the Crown 63.5k Bulk Carrier design.The agreement, as part of the strategic cooperation agreement signed between SUMEC Marine Company  and DNV GL last year, was signed at the Nor-Shipping trade fair in Oslo.The JDP will include the application of the new harmonized common structural rules (HCSR) to the design…

20 May 2019

SMS Towage Orders Tug Duo from Damen

The Damen ASD 2411 ‘Manxman’ on its maiden voyage to SMS Towage on the Humber Estuary (Photo: Damen)

UK towage company SMS Towage has purchased two tugs from Damen Shipyards. The first vessel, called Manxman, was handed over on April 12, just seven days after contract signing. The contract for the second vessel, to be called Marksman, was signed on May 1 with a delivery date scheduled for June 7th. Both vessels are Damen ASD Tugs 2411, and mark the first Damen tugs for SMS Towage.Established in 2002, SMS Towage started towage activities on and around the Humber Estuary on the UK’s east coast.

09 May 2019

Polsteam Gets $175mln for 34 Bulkers

Image: Polsteam Brokers

Bank syndicate led by DVB Bank SE completed a $175 million financing of a 34 Bulk Carrier portfolio for Polsteam Group.Polska Żegluga Morska known as Polsteam or PŻM, is a cargo ship operator based in Szczecin, Poland. It has one of the largest route networks in the world, offering services to around 60 countries.The syndicate consisted of DVB Bank, CIT Group, Société Générale, BNP Paribas, Siemens Bank, Crédit Agricole Corporate & Investment Bank and Crédit Agricole Bank Polsk.No further details on the transaction have been revealed.DVB Bank SE…

07 May 2019

Clipper Bulk Axes 40 Staff

Image: Clipper Bulk

International dry bulk shipping company Clipper Group  has launched a comprehensive restructuring involving a large number of layoffs, especially at the company's Copenhagen headquarters.The dry bulk carrier announced a series of initiatives to strengthen its business platform amid continued weak markets.Initiatives include agreements to strengthen the company’s financial position, downsizing of organization and office network, other cost savings, changes to Senior Management as well as a more focused market approach…

01 May 2019

BIMCO: "Continued Pressure" for Bulkers

Demolition of dry bulk ships in the first four months of 2019 was 120% higher than in the same period of 2018. Much of this increase comes from demolitions of Capesize ships, up from 1.1m DWT between January and April 2018 to reach 3.4m DWT in the first four months of 2019.Despite the increasing in scrapping, the bulk carrier market, particularly on the large ship side, will remain under pressure for a number of reasons, starting with stagnant demand, from the short term shock and impact of the dam collapse in Brazil and bad weather in Australia…

01 May 2019

Belships Buys Supramax Bulk Carrier

Image: Belships Management

Nowegean bulk ship operator Belships has agreed to acquire the 55,866 dwt bulk carrier M/V SEPHORA from Prospero Marine Ltd, a company controlled by Greek shipowner Elias Kulukundis.The vessel was built by Kawasaki Heavy Industries, Japan in 2007, the Oslo-listed company informed.The agreed purchase price for MV SEPHORA is USD 12.0 million, of which half will be paid in cash. The remaining consideration will be settled through a proposed issue of 7,405,114 new Belships shares to the seller of the vessel. The agreed share price in the transaction is NOK 7.00 per share.

29 Apr 2019

Milaha Profit Rises in Q1

Pic: Milaha

Qatar-based maritime transport and logistics company Qatar Navigation (Milaha) reported an increase in net profit for the first three months of the year.Net profit for the period under review reached 278 million Qatari Riyals ($76.4 million) which compares to 260 Qatari Riyals in the first three months of 2018, Milaha reported.The operating revenues of QAR 708 million for the three months ended March 31, 2019, up from QR 698 million for the same period in 2018 and the operating profit of QAR 214 million for the three months ended March 31…

12 Apr 2019

Belships Acquires Ultramax Bulk Carrier

Image: EGD Shipholdings

Norwegian shipping company Belships ASA has entered into an agreement to acquire a secondhand 63,000 dwt bulk carrier M/V Sofie Victory.The ultramax vessel was built at New Times Shipbuilding, China in 2016.Belships will acquire all shares in the single purpose company Sofie Victory AS, being the owner of M/V Sofie Victory. Sellers are the Bergen, Norway based company EGD Ultra Eco AS (holding 80 per cent of the shares in Sofie Victory AS) and Cyprus based Blossom Shipmanagement…

Maritime Reporter Magazine Cover Jul 2019 - Cruise Vessel Design & Outfit

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