Tonnage Procurement

– Meeting the environmental challenges

 

Ultrabulk continues to retain high focus on ensuring our core fleet to be fully in compliance with present and future known environmental requirements to the industry. This is closely coordinated with our core partners to also ensure that our required long term transportation cost is both cost competitive and regulation compliant.

 

The core fleet continues to be the back bone of the Ultrabulk long-term commitment to cargo partners within our main trade segments. It is imperative for Ultrabulk to deliver reliable, safe, cost-efficient and regulatory compliant services to our long-term partners. To deliver on such ambitions, Ultrabulk maintains strong focus on quality and high levels of innovation in the full supply chain including ships, shipyards and tonnage partners.

Ultrabulk collaborates closely with shipbuilders and shipowners to ensure that all vessels are designed as the best in class and always proactively comply with known new regulations of compliance for the shipbuilding industry.

During 2018, Ultrabulk completed a long term investment program in the required compliance for the 2020 IMO SoX regulations, by installing sulphur scrubbers on a number of our existing vessels as well as contracting a series of new vessels to be built with scrubbers onboard together with key partners in Japan. This investment will allow Ultrabulk to operate a portion of their fleet as scrubber fitted units, while the remainder of the fleet will naturally switch to alternative compliant fuel options after January 2020.

Ultrabulk is known to be a strong supporter of initiatives to reduce environmental footprints as set out by the authorities. We take a proactive role in working with the authorities as well as our tonnage and cargo partners to find the optimal and cost-efficient solution to the closely approaching not only the IMO 2020 low sulphur emission regulations but also for other known future requirements including participating in studies for projects offering carbon neutral transportation options. Such position requires considerable investment, not only in securing the actual equipment needed for compliance, but also actively cooperating in developing new options and opportunities for present and future environmental regulations.

Considerable capex investments has been made in 2018, and we expect further such investments will be  required in the years to come by both existing and new tonnage owners to meet the new environmental requirements enforced on the shipping industry. This challenge can only be solved if we work closely with existing and coming long-term tonnage partners to ensure all vessels contracted comply with present and future rules and regulations.

2018 was another challenging year in all segments where Ultrabulk is active, but also a year of opportunities and expanding our fleet.  

Ultrabulk continued to pursue its planned fleet development programme. In 2018, Ultrabulk took delivery of four new vessels to our fleet, mainly as physical tonnage hedge against the company’s forward cargo commitments. Deliveries were a combination of owned and long-term chartered vessels and included Handysize, Supramax and Panamax vessels. Additionally, seven newbuildings are scheduled to be added to our core fleet by the end of 2020.

Ultrabulk has successfully been reducing our carbon footprint by primarily utilizing vessels built by the best shipbuilders. For future tonnage needs, Ultrabulk will continue the improvement of designs of the next generation of vessels by retaining focus on a stringent due diligence process with our close partners in the shipbuilding industry. This partnership with the shipyards will allow Ultrabulk to continue reducing CO2 emission and to be in the forefront of new technologies.

Ultrabulk Newbuilding program main facts


 

 Programme size:


50 vessels already
delivered and in service


6 vessels to be
delivered by 2020

Diversified mix including:


  • Chartered tonnage

  • Owned tonnage

  • Joint venture/co-owned vessels

  • Handysize, Supramax, Panamax and Kamsarmax vessels


»Longstanding and sound support by our close partners and associates has enabled us to establish a diversified long term core fleet. We believe in our partnerships and are confident they will contribute to the further sustainable development of the Ultrabulk fleet, our partners continued growth and to the mutual benefit of all our industrial partners«
 

Henrik Sleimann Petersen, Executive Vice President, Head of Ship Holding 


Total fleet: 130 to 165 vessels

 

Panamax

65,000-85,000 dwt

Up to 40 vessels

Supramax

45,000-65,000 dwt

Up to 60 vessels

Handysize

25,000-45,000 dwt

Up to 55 vessels

MPP

Up to 25,000 dwt

Up to 10 vessels

Fleet list

Total fleet

NAME DWT YEAR
AC SPLENDOR 32739 2005
ADVENTURE III 62534 2019
AEGEAN SPIRE 33401 2008
AFRICAN LEOPARD 63435 2016
ALORA 63008 2017
AMIS POWER 64012 2018
AMURBORG 17323 2011
ANSAC PRIDE 37094 2013
ARSINOE 81565 2015
ARTVIN 81660 2011
ARUNA ISMAIL 55484 2013
ATLAS STRENGTH 83001 2006
AZORESBORG 17323 2010
BASEL ATHENA 20721 1999
BEECHGATE 63449 2019
BERNINA 58682 2011
BF CALOOSA 11142 2007
BLUEWING 26747 2001
BULK ARIES 60220 2016
CAPTAIN HADDOCK 61094 2019
CHAMCHURI NAREE 33733 2005
CHRISTOS 63156 2016
COQUIMBO 17013 2007
CORCOVADO 12840 2004
CORDILLERA 12798 2004
CORRAL 16302 2004
CP NANJING 63581 2017
CP TIANJIN 63541 2016
DIAMOND SEA 55437 2011
DORIS 34505 2011
EREDINE 39855 2014
ERRADALE 39810 2014
FALCON TRIUMPH 63481 2016
FENG LI HAI 63424 2017
FIRST SKY 63452 2017
FLAG GANGOS 56525 2013
FLAG LAMA 80891 2017
GIOVANNI TOPIC 52038 2002
GRAND CONCORD 61492 2012
GREAT PROFIT 38648 2018
GREEN GEM 38000 2018
HAKO 63104 2014
HERCULES 75016 2013
HUNAN 39828 2016
INTERLINK LEVITY 37300 2014
IONIC HAWK 34023 2012
IONIC KIBOU 81889 2015
JAG ADITI 80325 2011
JIAN GUO HAI 38766 2016
JULIETTA D 37202 2013
KAVO PLATANOS 56750 2011
KEN SEA 53491 2009
KIBALI 57260 2011
KUMPULA 56372 2012
LADY GIOVI 81791 2007
LAST TYCOON 34569 2012
MAR DE CORTES 12274 2001
MARATHA PRUDENCE 32070 2012
METSOVO 57495 2015
MICHALIS 33723 2011
NAUTICAL RUNA 63530 2015
NAVIOS HARMONY 82790 2006
NEW AGE 21639 2007
NOMADIC MILDE 12914 2011
NORD YILAN 28191 2010
OCEAN INNOVATION 63440 2016
OCEAN TRADER I 76596 2006
ORDU 82231 2012
PEAK PROTEUS 82158 2013
PEGASUS 34960 2018
PETRA 33688 2011
PHOENIX NEREID 29070 2011
PLATE QUEEN 55649 2007
PORTO LEONE 63800 2014
QING HUA SHAN 63457 2016
RB ARIANA 81334 2017
REUNION BAY 32354 2006
RIZE 81660 2012
ROSALIA 38557 2016
SAN ANTONIO 55768 2012
SAN FELICE 34050 2010
SBI APOLLO 60425 2016
SCARABE 60100 2015
SEASTAR ENDEAVOUR 36804 2011
SERENA R 63473 2016
SFERA 76801 2006
SHAIL AL RAYAN 76629 2006
SHANDONG FU ZHI 81780 2018
SHANDONG PENG CHENG 82154 2010
SHIMANAMI STAR 28447 2006
SIDER CARTAGENA 14121 2006
SIRIUS 34537 2011
SPAR ARIES 63800 2015
SPAR LIBRA 53565 2006
ST PINOT 58000 2010
STH SYDNEY 60309 2016
SUMMERTIME DREAM 56104 2014
SUPER EMMA 37277 2008
SWEET MELISSA 79445 2011
TAI SHINE 61473 2012
TBC PRESTIGE 31956 2014
TBC PROGRESS 31956 2012
TENRO MARU 57593 2016
TIA MARTA 34334 2015
TOMINI DYNASTY 63565 2018
TRABZON 79999 2011
TRANSCENDEN TIME 32686 2010
TRANSPACIFIC 81247 2012
TRIDENT STAR 57836 2015
TRUE LOVE 38762 2015
ULTRA ANGEL 61298 2017
ULTRA BELLAMBI 61470 2012
ULTRA CALBUCO 37981 2017
ULTRA CAPE TOWN 16956 2013
ULTRA COLONSAY 61470 2011
ULTRA CORY 61442 2014
ULTRA COUGAR 81922 2015
ULTRA CRIMSON 61084 2016
ULTRA DANIELA 61288 2015
ULTRA DEDICATION 63490 2018
ULTRA DIVERSITY 63490 2017
ULTRA DWARKA 61395 2012
ULTRA DYNAMIC 61412 2011
ULTRA ESTERHAZY 38228 2012
ULTRA EXCELLENCE 61214 2016
ULTRA FITZ ROY 37918 2016
ULTRA GALAXY 13802 2008
ULTRA GUJARAT 61671 2012
ULTRA INFINITY 61188 2016
ULTRA INITIATOR 62647 2019
ULTRA INTEGRITY 61181 2016
ULTRA JAGUAR 81922 2016
ULTRA LANIGAN 58032 2012
ULTRA LASCAR 37429 2015
ULTRA LEOPARD 81777 2016
ULTRA LETIZIA 61288 2015
ULTRA LION 81922 2015
ULTRA LYNX 81607 2018
ULTRA OSORNO 37883 2018
ULTRA PANACHE 78450 2011
ULTRA PANTHER 83610 2008
ULTRA PASSION 63472 2017
ULTRA PROGRESSION 64012 2018
ULTRA PROSPERITY 61645 2010
ULTRA PUMA 81855 2016
ULTRA REGINA 61424 2013
ULTRA ROCANVILLE 61683 2012
ULTRA SASKATCHEWAN 61484 2010
ULTRA SASKATOON 61470 2012
ULTRA TATIO 37927 2016
ULTRA TIGER 83611 2009
ULTRA TOLHUACA 37429 2015
ULTRA TRUST 61225 2015
ULTRA VANSCOY 38228 2013
ULTRA WOLLONGONG 61684 2011
UNISTREAM 9775 2010
WELLPARK 37429 2014
WESTERN CARMEN 37452 2013
ZEYNO 63064 2014
ZHENG ZHI 81804 2013
ZINA 33861 2012
TBN 62000 2019
TBN 63000 2019
TBN 63000 2019
TBN 81000 2020
TBN 81000 2020
TBN 81000 2020
TBN 62000 2020

New buildings

NAME DWT YEAR
TBN 62000 2019
TBN 63000 2019
TBN 63000 2019
TBN 81000 2020
TBN 81000 2020
TBN 81000 2020
TBN 62000 2020

Panamax

NAME DWT YEAR
ARSINOE 81565 2015
ARTVIN 81660 2011
ATLAS STRENGTH 83001 2006
FLAG LAMA 80891 2017
HERCULES 75016 2013
IONIC KIBOU 81889 2015
JAG ADITI 80325 2011
LADY GIOVI 81791 2007
NAVIOS HARMONY 82790 2006
OCEAN TRADER I 76596 2006
ORDU 82231 2012
PEAK PROTEUS 82158 2013
RB ARIANA 81334 2017
RIZE 81660 2012
SFERA 76801 2006
SHAIL AL RAYAN 76629 2006
SHANDONG FU ZHI 81780 2018
SHANDONG PENG CHENG 82154 2010
SWEET MELISSA 79445 2011
TRABZON 79999 2011
TRANSPACIFIC 81247 2012
ULTRA COUGAR 81922 2015
ULTRA JAGUAR 81922 2016
ULTRA LEOPARD 81777 2016
ULTRA LION 81922 2015
ULTRA LYNX 81607 2018
ULTRA PANACHE 78450 2011
ULTRA PANTHER 83610 2008
ULTRA PUMA 81855 2016
ULTRA TIGER 83611 2009
ZHENG ZHI 81804 2013

Supramax

NAME DWT YEAR
ADVENTURE III 62534 2019
AFRICAN LEOPARD 63435 2016
ALORA 63008 2017
AMIS POWER 64012 2018
ARUNA ISMAIL 55484 2013
BEECHGATE 63449 2019
BERNINA 58682 2011
BULK ARIES 60220 2016
CAPTAIN HADDOCK 61094 2019
CHRISTOS 63156 2016
CP NANJING 63581 2017
CP TIANJIN 63541 2016
DIAMOND SEA 55437 2011
FALCON TRIUMPH 63481 2016
FENG LI HAI 63424 2017
FIRST SKY 63452 2017
FLAG GANGOS 56525 2013
GIOVANNI TOPIC 52038 2002
GRAND CONCORD 61492 2012
HAKO 63104 2014
KAVO PLATANOS 56750 2011
KEN SEA 53491 2009
KIBALI 57260 2011
KUMPULA 56372 2012
METSOVO 57495 2015
NAUTICAL RUNA 63530 2015
OCEAN INNOVATION 63440 2016
PLATE QUEEN 55649 2007
PORTO LEONE 63800 2014
QING HUA SHAN 63457 2016
SAN ANTONIO 55768 2012
SBI APOLLO 60425 2016
SCARABE 60100 2015
SERENA R 63473 2016
SPAR ARIES 63800 2015
SPAR LIBRA 53565 2006
ST PINOT 58000 2010
STH SYDNEY 60309 2016
SUMMERTIME DREAM 56104 2014
TAI SHINE 61473 2012
TENRO MARU 57593 2016
TOMINI DYNASTY 63565 2018
TRIDENT STAR 57836 2015
ULTRA ANGEL 61298 2017
ULTRA BELLAMBI 61470 2012
ULTRA COLONSAY 61470 2011
ULTRA CORY 61442 2014
ULTRA CRIMSON 61084 2016
ULTRA DANIELA 61288 2015
ULTRA DEDICATION 63490 2018
ULTRA DIVERSITY 63490 2017
ULTRA DWARKA 61395 2012
ULTRA DYNAMIC 61412 2011
ULTRA EXCELLENCE 61214 2016
ULTRA GUJARAT 61671 2012
ULTRA INFINITY 61188 2016
ULTRA INITIATOR 62647 2019
ULTRA INTEGRITY 61181 2016
ULTRA LANIGAN 58032 2012
ULTRA LETIZIA 61288 2015
ULTRA PASSION 63472 2017
ULTRA PROGRESSION 64012 2018
ULTRA PROSPERITY 61645 2010
ULTRA REGINA 61424 2013
ULTRA ROCANVILLE 61683 2012
ULTRA SASKATCHEWAN 61484 2010
ULTRA SASKATOON 61470 2012
ULTRA TRUST 61225 2015
ULTRA WOLLONGONG 61684 2011
ZEYNO 63064 2014

Handysize

NAME DWT YEAR
AC SPLENDOR 32739 2005
AEGEAN SPIRE 33401 2008
AMURBORG 17323 2011
ANSAC PRIDE 37094 2013
AZORESBORG 17323 2010
BASEL ATHENA 20721 1999
BF CALOOSA 11142 2007
BLUEWING 26747 2001
CHAMCHURI NAREE 33733 2005
COQUIMBO 17013 2007
CORCOVADO 12840 2004
CORDILLERA 12798 2004
CORRAL 16302 2004
DORIS 34505 2011
EREDINE 39855 2014
ERRADALE 39810 2014
GREAT PROFIT 38648 2018
GREEN GEM 38000 2018
HUNAN 39828 2016
INTERLINK LEVITY 37300 2014
IONIC HAWK 34023 2012
JIAN GUO HAI 38766 2016
JULIETTA D 37202 2013
LAST TYCOON 34569 2012
MAR DE CORTES 12274 2001
MARATHA PRUDENCE 32070 2012
MICHALIS 33723 2011
NEW AGE 21639 2007
NOMADIC MILDE 12914 2011
NORD YILAN 28191 2010
PEGASUS 34960 2018
PETRA 33688 2011
PHOENIX NEREID 29070 2011
REUNION BAY 32354 2006
ROSALIA 38557 2016
SAN FELICE 34050 2010
SEASTAR ENDEAVOUR 36804 2011
SHIMANAMI STAR 28447 2006
SIDER CARTAGENA 14121 2006
SIRIUS 34537 2011
SUPER EMMA 37277 2008
TBC PRESTIGE 31956 2014
TBC PROGRESS 31956 2012
TIA MARTA 34334 2015
TRANSCENDEN TIME 32686 2010
TRUE LOVE 38762 2015
ULTRA CALBUCO 37981 2017
ULTRA CAPE TOWN 16956 2013
ULTRA ESTERHAZY 38228 2012
ULTRA FITZ ROY 37918 2016
ULTRA GALAXY 13802 2008
ULTRA LASCAR 37429 2015
ULTRA OSORNO 37883 2018
ULTRA TATIO 37927 2016
ULTRA TOLHUACA 37429 2015
ULTRA VANSCOY 38228 2013
UNISTREAM 9775 2010
WELLPARK 37429 2014
WESTERN CARMEN 37452 2013
ZINA 33861 2012