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
ADVENTURE III 62534 2019
ALKYONI 55830 2012
ALMENDRO 32662 2003
AMANDA C 34446 2012
ANEMOS 28399 2006
ANTE TOPIC 60155 2017
ARIETTA 55818 2009
ARIETTA 34111 2012
ARMIA KRAJOWA 39071 2016
ARTVIN 81660 2011
ASIA RUBY II 62966 2014
ASIA RUBY IV 62995 2014
ATLAS STRENGTH 83001 2006
BASIC PIONEER 37196 2011
BLU TIDE 35914 2011
BLUEWING 26747 2001
BRAVEHEART 74117 2001
BUNUN GLORY 37046 2015
CIELO DI CAPALBIO 36638 2012
CIELO DI VALPARAISO 39202 2015
CIELO DI VIRGIN GORDA 39202 2015
COQUIMBO 17013 2007
CORCOVADO 12418 2004
CORDILLERA 12798 2004
CORRAL 16302 2004
DARYA GANGA 36845 2012
DARYA KRISHNA 34874 2016
DE SHENG HAI 38821 2017
DORIS 34505 2011
DORO 57021 2010
DYNAMIC STRIKER 56736 2010
EFFY N 55804 2009
ES URANUS 34358 2014
FIORA TOPIC 34356 2015
FIRST SKY 63452 2017
FLAG LAMA 80891 2017
FLORENTIA 63339 2016
GEORGIA HARMONY 38422 2019
GREAT PROFIT 38648 2018
GREENER 56620 2013
HAKO 63104 2014
HOANYA WISDOM 21118 2007
IBIS BULKER 57775 2010
IOLE R 83684 2008
IONIC HAWK 34023 2012
JULIETTA D 37202 2013
KAVO PLATANOS 56750 2011
KEN HOPE 31889 2010
KIRAN ADRIATIC 63477 2014
LADY GIOVI 81791 2007
LADY MARGARET 31864 2013
LAN BAO HAI 39781 2015
LAST TYCOON 34569 2012
LEDRA 83987 2013
MADISON EAGLE 63258 2012
MALLIKA NAREE 30195 2008
MAR DE CORTES 12274 2001
MARIANNA 55753 2010
MSXT HERA 81738 2018
NAVIOS HARMONY 82790 2006
NEO BEACHWOOD 61418 2011
NEW AGE 21639 2007
NEWSEAS CRYSTAL 63548 2013
NICOLINE BULKER 38191 2012
NOMADIC MILDE 12914 2011
NORD BISCAY 62625 2019
NORD YILAN 28191 2010
NORDTAJO 38541 2017
OCEAN ACE 55697 2005
OCEAN INNOVATION 63440 2016
OCEAN ROYAL 58110 2012
ORDU 82231 2012
PEARL ISLAND 63878 2018
PLATE QUEEN 55649 2007
POLLUX 32017 2007
PORT SHANGHAI 58747 2009
PURE VISION 56830 2011
RB ARIANA 81334 2017
RICARDA 38566 2015
RIZE 81660 2012
ROJAREK NAREE 29870 2005
ROYAL KNIGHT 58721 2013
SAN FELICE 34050 2010
SANTA ALEXANDRA 63551 2018
SEA EXPRESS 79252 2012
SEA ORPHEUS 79520 2015
SEASTAR TITAN 30438 2009
SERENA R 63473 2016
SERENITY 36599 2011
SIDER CARTAGENA 14121 2006
SM AURORA 81970 2012
SPAR URSA 58018 2011
STORM RIDER 34153 2011
SWEET VENUS 79452 2011
TAI SHINE 61473 2012
TBC PROGRESS 31956 2012
TCZEW 39071 2017
TRABZON 81680 2011
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 COURAGE 63645 2019
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 QUALITY 63465 2019
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
WELLPARK 37429 2014
W-SMASH 82742 2013
XING HUAN HAI 81361 2017
ZEYNO 63064 2014
ZHENG ZHI 81804 2013
TBN 81000 2020
TBN 81000 2020
TBN 81000 2020
TBN 62000 2020

New buildings

NAME DWT YEAR
TBN 81000 2020
TBN 81000 2020
TBN 81000 2020
TBN 62000 2020

Panamax

NAME DWT YEAR
ARTVIN 81660 2011
ATLAS STRENGTH 83001 2006
BRAVEHEART 74117 2001
FLAG LAMA 80891 2017
IOLE R 83684 2008
LADY GIOVI 81791 2007
LEDRA 83987 2013
MSXT HERA 81738 2018
NAVIOS HARMONY 82790 2006
ORDU 82231 2012
RB ARIANA 81334 2017
RIZE 81660 2012
SEA EXPRESS 79252 2012
SEA ORPHEUS 79520 2015
SM AURORA 81970 2012
SWEET VENUS 79452 2011
TRABZON 81680 2011
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
W-SMASH 82742 2013
XING HUAN HAI 81361 2017
ZHENG ZHI 81804 2013

Supramax

NAME DWT YEAR
ADVENTURE III 62534 2019
ALKYONI 55830 2012
ANTE TOPIC 60155 2017
ARIETTA 55818 2009
ASIA RUBY II 62966 2014
ASIA RUBY IV 62995 2014
DORO 57021 2010
DYNAMIC STRIKER 56736 2010
EFFY N 55804 2009
FIRST SKY 63452 2017
FLORENTIA 63339 2016
GREENER 56620 2013
HAKO 63104 2014
IBIS BULKER 57775 2010
KAVO PLATANOS 56750 2011
KIRAN ADRIATIC 63477 2014
MADISON EAGLE 63258 2012
MARIANNA 55753 2010
NEO BEACHWOOD 61418 2011
NEWSEAS CRYSTAL 63548 2013
NORD BISCAY 62625 2019
OCEAN ACE 55697 2005
OCEAN INNOVATION 63440 2016
OCEAN ROYAL 58110 2012
PEARL ISLAND 63878 2018
PLATE QUEEN 55649 2007
PORT SHANGHAI 58747 2009
PURE VISION 56830 2011
ROYAL KNIGHT 58721 2013
SANTA ALEXANDRA 63551 2018
SERENA R 63473 2016
SPAR URSA 58018 2011
TAI SHINE 61473 2012
ULTRA ANGEL 61298 2017
ULTRA BELLAMBI 61470 2012
ULTRA COLONSAY 61470 2011
ULTRA CORY 61442 2014
ULTRA COURAGE 63645 2019
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 QUALITY 63465 2019
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
ALMENDRO 32662 2003
AMANDA C 34446 2012
ANEMOS 28399 2006
ARIETTA 34111 2012
ARMIA KRAJOWA 39071 2016
BASIC PIONEER 37196 2011
BLU TIDE 35914 2011
BLUEWING 26747 2001
BUNUN GLORY 37046 2015
CIELO DI CAPALBIO 36638 2012
CIELO DI VALPARAISO 39202 2015
CIELO DI VIRGIN GORDA 39202 2015
COQUIMBO 17013 2007
CORCOVADO 12418 2004
CORDILLERA 12798 2004
CORRAL 16302 2004
DARYA GANGA 36845 2012
DARYA KRISHNA 34874 2016
DE SHENG HAI 38821 2017
DORIS 34505 2011
ES URANUS 34358 2014
FIORA TOPIC 34356 2015
GEORGIA HARMONY 38422 2019
GREAT PROFIT 38648 2018
HOANYA WISDOM 21118 2007
IONIC HAWK 34023 2012
JULIETTA D 37202 2013
KEN HOPE 31889 2010
LADY MARGARET 31864 2013
LAN BAO HAI 39781 2015
LAST TYCOON 34569 2012
MALLIKA NAREE 30195 2008
MAR DE CORTES 12274 2001
NEW AGE 21639 2007
NICOLINE BULKER 38191 2012
NOMADIC MILDE 12914 2011
NORD YILAN 28191 2010
NORDTAJO 38541 2017
POLLUX 32017 2007
RICARDA 38566 2015
ROJAREK NAREE 29870 2005
SAN FELICE 34050 2010
SEASTAR TITAN 30438 2009
SERENITY 36599 2011
SIDER CARTAGENA 14121 2006
STORM RIDER 34153 2011
TBC PROGRESS 31956 2012
TCZEW 39071 2017
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
WELLPARK 37429 2014