Ultrabulk orders eco-Handysize bulker

SHIPPING: Ultrabulk has placed an order with a major Japanese ship yard for the construction and delivery of one new generation super eco-designed 38.000 DWT Handysize bulker for delivery in 2014. Option to extend the order with one additional vessel.

“We have historically enjoyed a strong and close long term relationship with many of the trading houses and ship yards in Japan” says Henrik Sleimann Petersen, Executive Vice President and Head of Shipholding of Ultrabulk,

“We are pleased to support them by investing in this new generation of super ECO-designed environmentally friendly unit, which the ship yard spend considerable efforts in designing”.

The vessels will be equipped with an electronic main engine as well as other equipment and systems which are expected to improve the fuel efficiency of the vessels by more than 15% and reduce the CO2 emissions correspondingly compared to similar sized Handysize bulkers already delivered.

“The investment in these new buildings is an important step for our continued support to our customers in the Handysize segment. We are looking forward to serving our industrial clients with the latest generation of green Handysize bulkers”, says Per von Appen, Executive Vice President and Head of Ultrabulk’s Handysize segment.

This order is the first super eco-designed newbuilding order placed by Ultrabulk in executing their long term strategy of fleet renewal and expansion.

Source: Ultrabulk