Ore Carrier News

06 Nov 2019

K Line Orders Newcastlemax

Image: K Line

Japanese shipping giant Kawasaki Kisen Kaisha (K Line) has placed an order for a 210,000 dwt bulk carrier at compatriot shipbuilder, Japan Marine United Corporation.The 108,900 gross ton vessel is being built for a consecutive voyage contract with JFE Steel and will be used to ship iron ore and coal. The newbuild is due for delivery in fiscal year 2021.The main features of this vessel will comply with NOx emission regulations (Tier III) and be equipped with SOx scrubber that removes…

05 Aug 2019

K Line Wins AIP for New LNG-Fuelled Vessel

Pic: K Line

Japanese shipping major Kawasaki Kisen Kaisha (K Line) and the shipbuilding and repairing company Namura Shipbuilding have jointly received an Approval in Principle (AIP) for the concept design of an LNG-fueled ore carrier from DNV GL."Work on this joint project for the development of an LNG-fueled ore carrier has complied with both environmental and actual operation requirements as follows, based on the second generation WOZMAX of Namura Shipyard," said a press release from the provider of container…

27 Jun 2019

300,000DWT Bulker Joins Berge Bulk Fleet

Image: Berge Bulk

Singapore's dry bulk shipping company Berge Bulk has taken delivery of the second and newest 300,000DWT very large ore carrier (VLOC) in China.The new vessel, named Berge Mafadi, was delivered from the Guangzhou Shipyard International (GSI) yard in Guangzhou, said a press note. With a ‘Rightship A+’ rating and an Energy Efficiency Design Index (EEDI) 20% below the baseline, she ranks amongst the most energy-efficient bulk carriers in the world.Berge Mafadi has been designed to…

24 Jun 2019

Market in Focus: Bulkers

© Ivan/AdobeStock

NewbuildingMany Chinese companies have been stepping up in the bulker market with COSCO Shipping and Avic leasing placing orders at Chinese yards. Of the total 313 Bulkers ordered over the past year, nearly 40% have been Panamax vessels, demonstrating the hot market.Source: Vessels ValueSecond hand marketThe Bulker market as a whole has shown a softening in values over the past year. The main reason for this is due to the drop off in rates throughout the first quarter of 2019.

22 Apr 2019

KR Responds to RMI Report on Stellar Daisy Casualty

File Image: CREDIT MarineTraffic.com / © Yeong Ryong Kim

Korean Register (KR), its Chairman, management and entire staff offers sincere sympathies to the families and loved ones of the seafarers who tragically lost their lives due to the sinking of Stellar Daisy. KR reaffirms its commitment to investigating the causes of the sinking, sharing its knowledge and implementing any changes necessary to avoid a similar loss in the future. The factsStellar Daisy was a 266,141 dwt Very Large Ore Carrier (VLOC) owned by Polaris Shipping and flagged with the Republic of the Marshall Islands (RMI).

12 Mar 2019

GSI Delivers VLOC to Berge Bulk

Pic: Berge Bulk

Singapore-based vessel owner and operator Berge Bulk has received the 300,000 DWT bulk carrier Berge Logan, which was built at China’s Guangzhou Shipyard International (GSI).The 327-meter-long  very large ore carrier (VLOC) is the largest bulk carrier in terms of deadweight to be built in Southern China.Sailing under the flag of Isle of Man, she will make her maiden voyage to Brazil, said a press release.Very similar in design to Berge K2, Berge Makalu and Berge Annapurna, she is equipped with energy-efficient initiatives – such as a super-efficient tuned main engine…

01 Feb 2019

ABS AIP for Two LNG as Fuel Designs

ABS granted Approval in Principle (AIP) to two LNG powered designs from China’s Dalian Shipbuilding Industry Group Co (DSIC).DSIC’s designs include a 208,000 dwt bulk carrier and a concept 260,000 dwt Very Large Ore Carrier (VLOC).Both designs incorporate a Type C LNG fuel tank in the open area of the aft deck, which DSIC says minimizes the influence on the arrangement of the deck house and increases cargo capacity. DSIC believes the optimized aft deck integrated arrangement achieved the modular design concept for the LNG gas supply system, safety system and filling system and makes for convenient installation and maintenance.

29 Nov 2018

Shanghai Waigaoqiao Shipyard Delivers World's First iVLOC

Pic: DNV GL

The world’s first intelligent very large ore carrier (iVLOC), the DNV GL-classed Pacific Vision, was delivered by Shanghai Waigaoqiao Shipyard to China Merchants Energy Shipping Company.Norway-headquartered international accredited registrar and classification society said in a statement that the vessel is the world’s first VLOC to implement DNV GL’s SmartShip descriptive notation.To qualify for the notation, Pacific Vision has been outfitted with an integration platform, a smart navigation decision support system…

27 Mar 2018

LR Grants Approval in Principle for HHI’s LNG-fueled VLOC

South Korean shipbuilder Hyundai Heavy Industries (HHI) has received approval in principle (AiP) from Lloyd’s Register (LR) for a 250,000-deadweight-ton (dwt) class very large ore carrier (VLOC) fueled by liquefied natural gas (LNG). HHI, who has been focusing its efforts on LNG-fueled ships ahead of the International Maritime Organization’s (IMO) SOx emission limitations from 2020, set out on a joint development project (JDP) last year with LR, ship owner and operator ANANGEL and LNG supplier WOODSIDE to develop the LNG-fueled 250,000 dwt VLOC design optimized for the trade route from North West Australia to North Asia, based on the XDF engine.

26 Mar 2018

Huge Ore Carrier Delivered to Vale

Ore Tianjin: File Photo:

Shandong-based Qingdao Beihai Shipbuilding Heavy Industry Co, a subsidiary of Wuchang Shipbuilding Industry Group Co, delivered a very large ore carrier (VLOC) to Brazilian miner Vale SA, said Chinese state media. China Daily said that the ship, named Ore Tianjin, has 400,000 metric tons' carrying capacity and is the first VLOC the group has made for Industrial and Commercial Bank of China Leasing. Aiming to reduce the shipping cost by increasing capacity and enhance the operator's global competitive edge…

14 Jan 2018

China Rolls-out World's Second-Largest Ore Carrier

Photo: Shanghai Waigaoqiao Shipbuilding Co., Ltd

The second-largest ore carrier in the world was officially named Yuanhehai and delivered to China Ore Shipping, affiliated with China Cosco Shipping Corporation, in Shanghai, the state media reported. The 400,000-dwt mega ship, which is 362 meters long, 65 meters wide and 30.4 meters high, was delivered almost a year after the deal was made in 2016, China News Service reported. The Yuanhehai is the second-generation very large ore carrier (VLOC) designed by Shanghai Waigaoqiao Shipbuilding Company. The delivery was the first ship of the second-generation VLOC.

20 Dec 2017

China, Australia Ports Clogged as Coal, Ore Demand Soars

File Image (CREDIT: AdobeStock / (c) Lucasz Z)

Around 300 ships caught in jam that would stretch 40 miles; freight rates for biggest coal, ore carrier hit 3-yr high. More than 300 large dry cargo ships are having to wait outside Chinese and Australian ports in a maritime traffic jam that spotlights bottlenecks in China's huge and global commodity supply chain as demand peaks this winter. With some vessels waiting to load coal and iron ore outside Australian ports for over a month, key charter rates have jumped to their highest in more than three years.

14 Dec 2017

Hyundai Heavy, LR Eye LNG-fueled Future

Photo: HHI

Hyundai Heavy Industry (HHI) Group, with the support of Lloyd's Register (LR), is responding to the increasing  interest in the development of the global supply of liquefied natural gas (LNG), following the introduction of the International Maritime Organization’s (IMO) NOx and SOx emission limitations, by being at the forefront of developing innovative ship designs. This month Hyundai Mipo Dockyard (HMD), part of the HHI Group, will deliver of the world’s largest LNG-fuelled ship, a 50,000 dwt bulk carrier with a high manganese LNG fuel tank.

24 Oct 2017

Hyundai Heavy Signed $400 Million Order to Build 5 VLOCs

Photo: Hyundai Heavy Industries

South Korea’s Hyundai Heavy Industries (HHI) has clinched a deal worth approximately US$400 million to build five very large ore carriers(VLOCs) from Seoul-based shipper Polaris Shipping. "HHI has signed a $400 Million worth contract to build five 325,000 dwt VLOCs (Very Large Ore Carrier) with Polaris Shipping. It is the option exercised following the contract of ten same class VLOCs with Polaris Shipping on September 25," said a company statement. HHI Group’s shipbuilding affiliates have so far this year won new orders of 110 ships worth $ 6.7 billion, 90% of the $ 7.5 billion annual target.

26 Sep 2017

Polaris Orders 10 ‘Green’ VLOCs at Hyundai Heavy

At the signing ceremony, Chung Ki-sun, Executive Vice President of Corporate Planning Office of HHI is shaking hands with Kim Wan-jung, CEO of Polaris Shipping. Photo: Hyundai Heavy Industries

Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced today that it signed a $800 Million worth contract to build ten 325,000 dwt VLOCs (Very Large Ore Carrier) with Polaris Shipping, the domestic dry bulk owner and operator, on September 25. The contract is the largest single order in the last five years since HHI received an order of ten large-sized containerships from a Greek shipping company in 2012. The signing ceremony held at HHI’s Seoul office, was attended by Ka Sam-hyun…

03 Apr 2017

Korean Cargo Ship Missing

A large South Korean cargo ship with 24 crew on board is believed to have sunk in the Atlantic Ocean after making an SOS call, News agencies reported quoting the Uruguayan navy. The Stellar Daisy was missing after making its last contact in the South Atlantic about 2,500 kilometres (1,500 miles) from shore, South Korea's foreign ministry and news reports said on Sunday. On Friday, a crew member sent a text saying the 312m-long (1024ft) Stellar Daisy freighter was taking on water. The Uruguayan navy alerted merchant ships in the area, which began a search. Two Filipino crew members were rescued floating in a life raft on Saturday, but other lifeboats and rafts found in the area were empty, South Korea's Yonhap news agency reported.

13 Jan 2017

Pirates Attacking Bigger Ships off Philippines

File Image: a piracy interdiction operation (Credit: IMB)

Attacks in waters east of Philippines shift to big ships; ReCAAP, security groups recommend avoiding Sulu and Celebes Seas. Asian pirates are focusing more of their attacks on larger merchant ships near the Philippines, hoping for bigger ransom payments from kidnapping their crew, the head of a regional anti-piracy body said on Friday. The region's pirates have changed tactics since October, to target some of the biggest ships travelling through the Sulu and Celebes Seas, and paying less attention to small tugs and fishing boats.

10 Jan 2017

Sulu Sea Kidnappings a Threat to Shipping - IMB

File Image: Suspected pirates off Somalia are intercepted by authorities (CREDIT: IMB)

The Sulu Sea between eastern Malaysia and the Philippines has become dangerous for merchant shipping due to rising threat of kidnappings, the International Maritime Bureau (IMB) said on Tuesday. The Sulu archipelago is a stronghold of the Abu Sayyaf, an al-Qaeda linked group notorious for kidnappings and, increasingly, piracy. The IMB report was released just hours after armed men attacked a fishing boat, killing eight fishermen, in what appeared to be a pirate attack off the southern Philippines.

04 Jan 2017

Great Lakes Shipyards Heating up for Winter

© chirnoagarazvan / Adobe Stock

As temperatures drop, the pace is heating up at Great Lakes shipyards where winter is typically the busiest season, and this year is no exception. U.S.-flag Great Lakes vessel operators will spend more than $80 million to maintain and modernize their vessels for the 2017 shipping season, according to the Lake Carriers’ Association (LCA). “Once again Lake Carriers’ Association members are demonstrating their commitment to Great Lakes shipping,” said James H.I. Weakley, President of the trade association representing the major U.S.-flag carriers.

22 Nov 2016

‘The Best Kept Secret in Shipbuilding’

Caring for the Great Lakes fleet: during the winter months is a core business for Bay Shipbuilding Company. Pictured, the 2015 Winter Fleet. (Photo: Bay Shipbuilding)

In 2009, Italian shipbuilding giant Fincantieri S.p.A, purchased the assets of the Manitowoc Marine Group; which included Bay Shipbuilding Company. Located in Sturgeon Bay, Wis., Bay Shipbuilding was the “feather in the cap” with their long history in U.S. commercial shipbuilding and repair. Can you share with us your background and area of responsibility? I’ve been the Vice President and General Manager of Fincantieri Bay Shipbuilding since assuming the role in August of 2012.

17 Nov 2016

MOL ‘Tabletop Drill’ for Serious Marine Incident

Scene of Emergency Control Headquarters during the drill Photo MOL

Mitsui O.S.K. Lines, Ltd. today announced that the company conducted a tabletop drill based on a scenario in which an iron ore carrier, managed by its group ship management company, collided with a breakwater, leaving it stranded in the Port of Kashima. The drill was held on Wednesday, November 16, 2016, with the goal of strengthening the company emergency response structure, which is based on the MOL Group Corporate Principles — nurture and protect the natural environment by maintaining the highest standards of operational safety and navigation.

15 Nov 2016

Iron Ore Carrier for Kobe Steel Named Shinzan Maru

ShinzanMaru, a newbuilding iron ore carrier that will sail under a long-term transport contract with Kobe Steel, Ltd.  Photo MOL

Mitsui O.S.K. Lines, Ltd. today announced that on October 27, a naming ceremony for the Shinzan Maru, a newbuilding iron ore carrier that will sail under a long-term transport contract with Kobe Steel, Ltd., was held at the Hiroshima Shipyard of Imabari Shipbuilding Co., Ltd. Among those on at the ceremony were Kobe Steel Chairman, President, CEO, and Representative Director Mr. Hiroya Kawasaki, who named the new vessel. Thereafter his wife cut the rope. Shinzan Maru is an established…

28 Jul 2016

Oil Spills from VLOC in Strait of Malacca

Incident of oil spill Photo Berge Bulk Maritime

Berge Bulk Maritime confirms that an its VLOC (Very Large Ore Carrier)  “BERGE BUREYA” – (IMO/LR # 9297539) operated vessel was involved in an oil spill incident off Malaysia in the Malacca Strait earlier yesterday morning. There were no injuries to any crew-members and there was no grounding or involvement of any third parties. Whilst in transit between Singapore and Brazil, a quantity of oil was identified leaking from the vessel and the crew immediately enacted emergency procedures to halt the leakage and to start a prompt clean-up operation.

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