Marine Link
Tuesday, January 23, 2018

Two Bulk News

Wisdom Marine to Acquire 2 Bulkers

File photo: Wisdom Marine Group

Wisdom Marine Lines Co Ltd says its board agrees to buy two bulk carriers from Imabari Shipbuilding for up to $49 million.   Reuters / Beijing Headline News 

Daewoo Wins Ship Orders

Beleagured Daewoo Heavy Industries won $230 million in ship orders from Companies in Hong Kong and Europe. Daewoo reported earned an order to build a bulk carrier from Hong Kong's Tai Chong Cheang Co. Ltd. and two bulk carriers from Oak Maritime Inc. Norway's Bergesen d.y. Group ASA is reported to have given Daewoo an order for one mineral carrier and Belgium's Bocimar N.V. an order for two bulk carriers. The orders tallied at $120 million. Daewoo said it planned to deliver the ships by June 2002.

China Shipyards Deliver Three Bulk Carriers

COSCO Corporation (Singapore) announce deliveries of three bulk ships from its shipyards in China. Subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made the following deliveries: COSCO (Zhoushan) Shipyard Co., Ltd has delivered two bulk carriers of 57000 dwt, measuring 189.99 meters in LOA, 32.26 meters in breadth and 18 meters in depth. “OBSERVATOR” and “VOYAGER”, respectively to its European buyers. COSCO (Dalian) Shipyard Co., Ltd has delivered a bulk carrier of 57000 DWT, “GUOTOU 106”, to its Chinese buyer.

Jinzhou Adds Bulk Cargo Berths

Jinzhou Harbour Co. has completed construction of two bulk cargo berths at the northeastern port of Jinzhou at a cost of $41.26 million. A 35,000-ton berth with an annual throughput capacity of 600,000 tons for mineral commodities was put in service in late December, officials said. Jinzhou Harbour, a company that operates the Jinzhou port, also added a 50,000-ton berth designed to handle 950,000 tons of coal and other bulk cargo per year. With the installation of these berths, actual annual throughput capacity at the port will top 10 million tons.

China Shipyard Delivers Handymax & Capesize Bulk Carrier

COSCO Corporation (Singapore) subsidiariary shipbuilder in China has delivered two bulk carriers. COSCO (Zhoushan) Shipyard has delivered the 189.99 meters LOA and 32.26 meters in breadth, 57,000 dwt Handymax bulker Ocean Lady to its unnamed European owner. Secondly the  82,000 dwt, 229 meters LOA and 32.26 meters in breadth, Capesize bulk carrier DL Acacia has been delivered to Asian buyers. The delivery documents were signed by and between COSCO Zhoushan and the buyers recently.

STX Shipbuilding Wins $215m Order

STX Shipbuilding Co., said on Jan. 29 that it has won a deal valued at $215 million to build two bulk carriers. The deal from a European shipping company calls on STX Shipbuilding to deliver the vessels by June 2010, the company said in a regulatory filing. The shipbuilder won deals valued at more than $10 billion last year to build 170 vessels including bulk carriers. In 2006, STX Shipbuilding clinched shipbuilding orders valued at $4 billion.

Giuseppe Bottiglieri Buys Two Bulk Carriers

Giuseppe Bottiglieri purchased two more newbuildings at Chinese shipyard Jiangsu Yangzijiang. The President of Giuseppe Bottiglieri di Navigazione SpA shipowning company said that the two bulkcarriers are sister vessels of the six Post Panamax (92.500 dwt) ordered last January. According to the company, in an effort to build the company’s modern fleet of bulk carriers, this $100m investment in the dry cargo sector comes after an order that was placed in January.

Daewoo Shipbuilding Wins $520m in Contracts

Daewoo Shipbuilding and Marine Engineering Co., said it won shipbuilding orders worth a total of $520m from .  Daewoo said in a filing to the Korea Exchange the orders were for two very large crude oil carriers (VLCCs) and two bulk carriers. Source:  Reuters

Cosco Scraps Four Vessels

Pic: China COSCO Holdings

China COSCO Holdings disassembled four vessels including two container vessels and two bulk carriers in April 2015, with the aggregate capacity of 261.8 thousand deadweight tons. The company realized losses from the disassembly of the vessels of approximately RMB59 million  (USD9 million), says a statement from the COSCO. The units were sent for disassembling from 1 April 2015 to 30 April 2015. The two decommissioned container vessels ((Xiu He and Ya He) )were previously owned by COSCO Container Lines Co., Ltd (COSCON).

Daewoo Wins $2.3b Orders in June

Daewoo Shipbuilding and Marine Engineering Co., said that it won orders to build 12 ships worth $2.3b this month, Yonhap reported.  The company said that nine very large oil tankers, one drill ship and two bulk carriers are to be built. Source:  Yonhap

Cosco Wins Contracts Worth $256.2m

Cosco Corp has won $256.2m worth of shipbuilding and conversion contracts, reports said.  The company will build two bulk carriers for a German customer to be delivered in 2010 and 2011.  The 9 conversion contracts it won are slated for completion by the fourth quarter 2009.

COSCO Zhoushan Delivers Pair of Panamax Bulk Carriers

Bulk carrier: File photo

COSCO Corporation (Singapore) says that its COSCO Zhoushan subsidiary shipyard has delivered two bulk carriers of 64,000 dwt, “PUERTO ROSARIO” and “PORTO LEONE”, to a European buyer. The new ships measure 199.9 meters in LOA, 32.26 meters in breadth and 18.5 meters in depth. COSCO Singapore adds that the delivery documents were signed by and between COSCO Zhoushan and the buyer recently.  

STX Wins $212m Bulk Carrier Order

  South Korean shipbuilder STX Shipbuilding won a $211.8m order to build two bulk carriers for an undisclosed European firm.  The vessels will be delivered by mid-2010.

STX Gets $129m Order

STX Shipbuilding Co., received a contract to build two bulk carriers worth $129m from a customer in Asia. The vessels, which can each carry 81,000 metric tons of commodities, will be delivered by December 31, 2011, the Jinhae, South Korea-based company said Monday. Source:  Bloomberg

COSCO Delivers Three Large Bulk Carriers

COSCO Corporation (Singapore) announce that subsidiaries of the Company’s 51% owned COSCO Shipyard Group have delivered three more bulk carriers to Asian owners 1. COSCO (Guangdong) Shipyard Co., Ltd has delivered two bulk carriers of 57000 DWT, “Wuxing 5” and “APJ SHIRIN”, respectively to its Asian buyers. 2. COSCO (Dalian) Shipyard Co., Ltd has delivered a bulk carrier of 92500 DWT, “OCEAN SAPPHIRE”, to its Asian buyer. All the delivery documents were signed by and between the COSCO shipyards and the respective buyer in May 2012. The bulk carriers of 57000 DWT measure 189.99 meters in LOA (length of all), 32.26 meters in breadth and 18 meters in depth. The bulk carrier of 92500 DWT measures 229.2 meters in LOA (length of all), 38 meters in breadth and 20.7 meters in depth.

COSCO Shipyards Deliver 2 More Bulk Carriers

COSCO Singapore announces delivery from its Chinese shipyards of two bulk carriers to European owners COSCO Corporation (Singapore) Limited announces that subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made the following deliveries: 1. COSCO (Zhoushan) Shipyard Co., Ltd has delivered a bulk carrier of 57000 DWT, “FEDERICA”, to its European buyer. 2. COSCO (Guangdong) Shipyard Co., Ltd has delivered a bulk carrier of 57000 DWT, “CONTI FUCHSIT”, to its European buyer. The bulk carriers of 57000 DWT measure 189.99 meters in LOA (length of all), 32.26 meters in breadth and 18 meters in depth.  

Lauritzen & Namura Sign Newbuilding Contract

Lauritzen and Namura sign newbuilding contract

Lauritzen Bulkers and Namura Shipbuilding Co., Ltd., Japan have signed contracts for building at Hakodate of two bulk carriers at a signing ceremony in Copenhagen on 10 June 2014. The deal consists of two 34,000 dwt eco design handysize bulk carriers for delivery in 2017. "The newbuilding contract not only confirms our strategy to maintain and develop our solid position in the handysize segment but also our very strong relations with Namura Shipbuilding and Hakodate Docks", says Peter Borup, president of Lauritzen Bulkers.

China Shipyard Wins Twin Panamax Bulker Contract

Bulk carrier image in public domain

COSCO Corporation (Singapore) Limited's Zhoushan Shipyard subsidiary has won a contract from an Asian buyer to construct two 64,000 dwt bulk carriers. The two bulk carriers are scheduled for delivery in the fourth quarter of 2014. COSCO Corporation (COSCO) offers advanced capabilities in ship building, ship repair and conversion, offshore marine engineering supported by seven major shipyards strategically located along China's coastline. Owned by COSCO Shipyard Group, a subsidiary of COSCO Corporation…

COSCO Deliver Two More Bulk Carriers from China Shipyards

2. COSCO (Zhoushan) Shipyard Co., Ltd has delivered a bulk carrier of 57000 DWT, of 189.99 meters in LOA, 32.26 meters in breadth and 18 meters in depth, named “ASIAN CHAMPION”, to its Asian buyer. All the delivery documents were signed by and between the COSCO shipyards and the respective buyers in July 2012.

RINA Strikes 22 Ships From Register

RINA, the Italian shipping standards body, which has taken enormous heat for passing as seaworthy the tanker Erika which broke up off France, has struck 22 ships off its books. "RINA has withdrawn class on 22 ships, totaling 394,100 gross tons (gt), during this year to the end of March," the ship classification society said. The purge was the result of internal checks set up after the loss last December of the 25-year-old tanker Erika which heavily polluted hundreds of French beaches. Ships were barred from classification where owners were unwilling or unable to reach high enough standards, RINA spokesman Gianfranco Damilano said. The disclassed ships included six oil tankers and two bulk carriers all over 25 years old, he said.

Bulk Carriers Collide

The U.S. Coast Guard responded to a collision between two bulk carrier vessels, the 712-ft. Panamanian-flagged Zagora and the 737-ft. Greek-flagged Torm Anholt, on the Mississippi River in the Kenner, La., bend. The Coast Guard was notified of the incident on Monday afternoon, and dispatched two HH-65 Dolphin helicopter rescue crews from Air Station New Orleans, a 41-ft. rescue boatcrew from Station New Orleans and personnel from Sector New Orleans to investigate. The Torm Anholt has a gash on its right side approximately 10-12 x 6 ft. forward of the superstructure and approximately six to nine feet above the waterline. A one-way traffic safety zone is in effect from mile marker 111 to 115. There are no reports of injuries or pollution.

Bangladeshi Shipbuilders Get Export Orders

According to a Sept. 15 report from The New Nation, Bangladeshi shipbuilders, who took part in the Shipbuilding, Machinery and Marine Technology (SMM-2010) Trade Fair in Germany last week, got export orders as foreign buyers showed interest in their oceangoing vessels. Four local shipbuilders-Ananda Shipyard and Slipways Ltd (ASSL), Dhaka Dockyard and Engineering Works, Khan Brothers Shipbuilding Ltd and Karnaphuli Shipyard Ltd-took part in the fair at Hamburg. Chief Executive Officer of Dhaka Dockyard and Engineering Works Gazi G Rabbani said his company fetched orders of two bulk carriers at $40m and two goat carriers worth $15m for export to the Middle Eastern countries.

Chinese Shipyard Terminates Greek Contract

Yangzijiang Shipbuilding (Holdings) Ltd has terminated a contract with Greek shipowner FreeSeas Ltd after it failed to make payments The cancelled contract was for Yangzijiang to build two bulk carriers for FreeSeas, an external spokeswoman for the Chinese shipbuilder told Reuters. Although the orders from FreeSeas account for only 1 percent of Yangzijiang's $4.5 billion order book, "the cancellation will still be negative on sentiment as this is Yangzijiang's first contract cancellation on default," said DBS Vickers in a report. It added that among the Singapore-listed shipyards, COSCO Corp Singapore Ltd has the highest exposure to Greece and Europe, with more than 60 percent of its order book from the region, while Yangzijiang will be the least affected among Chinese yards.    

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

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