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
AEOLOS 63434 2015
AFRICAN RAVEN 37711 2014
ALSEA BAY 36746 2011
ARCADIA 58018 2012
ARGO B 35315 2010
ATLANTIC LAUREL 33271 2012
ATLAS STRENGTH 83001 2006
BERLIN TRADER 33271 2010
BLUEWING 26747 2001
CAPETAN COSTIS 34125 2011
CENTURY MELODY 16233 2011
CHARANA NAREE 33720 2005
CHAYANEE NAREE 56512 2012
CIELO DI VIRGIN GORDA 39202 2015
CLIPPER INNOVATION 63440 2016
CMB PARTNER 81805 2016
COQUIMBO I 17013 2007
CORCOVADO 12840 2004
CORDILLERA 12798 2004
CORRAL 16302 2004
DARYA GANGA 36845 2012
EL MATADOR 63379 2016
ELLA 52454 2003
EVOLUTION 24306 1995
FIORA TOPIC 34356 2015
FIRST SKY 63452 2017
GEIYO K 55476 2016
HAKO 63104 2014
HALANDRIANI 23693 2000
INTERLINK CAPACITY 38834 2016
INTERLINK PARITY 37148 2012
IOANNA D 34815 2012
IONIC HAWK 34023 2012
IONIC HUNTRESS 34023 2012
IONIC KIBOU 81889 2015
JAG ADITI 80325 2011
JAG AJAY 82082 2016
JETSTREAM 34562 2012
KAMARI 53822 2011
KAVO PALOMA 75698 2007
KEN COLON 63000 2018
KIRAN ADRIATIC 63477 1987
KOCIEWIE 38980 2009
LABRADOR STRAIT 34126 2010
LADY GIOVI 81791 2007
LEGIONY POLSKIE 39071 2016
LEON OETKER 58790 2008
LIEKE 9214 2011
LIVADI 35058 2011
MADRID TRADER 33271 2011
MANA 63408 2017
MAR DE CORTES 12274 2001
MARGARET SW 25010 2012
MONA MANX 63878 2017
MURORAN 14048 2010
NAVIOS HARMONY 82790 2006
NOMADIC MILDE 12914 2011
NORD SANTIAGO 39475 2018
NORD YILAN 28191 2010
NORDIC ALIANCA 37188 2014
NORDMOSEL 38620 2017
NORDTAJO 38541 2017
OCEAN BANQUET 63562 2017
ORDU 82231 2012
OSLO TRADER 33271 2011
PANAFRICAN 83690 2008
PIRIN 21211 2007
POLLUX 32017 2007
PORT ORIENT 61485 2016
PUCK 37893 2012
PURE TRADER 56855 2011
RED SAKURA 60245 2017
RELIABLE 38603 2017
RICARDA 38566 2015
ROADRUNNER 54057 2008
ROME TRADER 33271 2010
SAKURA DREAM 38213 2013
SAN FELICE 34050 2010
SBI APOLLO 60425 2016
SBI PISCES 63650 2016
SBI SOUSTA 81174 2016
SBI SUBARU 61571 2015
SCARLETT MANX 63878 2017
SEA MELODY 58117 2010
SEDNA OCEAN 31997 2011
SINICA GRAECA 63270 2015
ST ANDREW 50792 1998
STRATEGIC VENTURE 39724 2014
SYMPHONY 23483 1995
TAI SPLENDOR 60618 2015
TBC PRESTIGE 31956 2014
TBC PRINCESS 31956 2013
TBC PROGRESS 31956 2012
TD TOKYO 63456 2017
TRAMMO STANTON 38602 2015
TRIDENT STAR 57836 2015
UBC SANTOS 31569 2008
UGLJAN 37728 2010
ULTRA AGILITY 61213 2016
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 INITIATOR 62647 2019
ULTRA INNOVATION 61188 2016
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 VILLARRICA 37429 2014
ULTRA WOLLONGONG 61684 2011
VANTAGE WAVE 33421 2011
VICTORIA MAY 58634 2016
WL LADOGA 37667 2014
WONDERFUL SW 31742 2014
ZEYNO 63064 2014
ZHENG JUN 81809 2013
TBN 62000 2019
TBN 63000 2019
TBN 63000 2020
TBN 81000 2020
TBN 81000 2020
TBN 81000 2020
TBN 61000 2020

New buildings

NAME DWT YEAR
TBN 62000 2019
TBN 63000 2019
TBN 63000 2020
TBN 81000 2020
TBN 81000 2020
TBN 81000 2020
TBN 61000 2020

Panamax

NAME DWT YEAR
ATLAS STRENGTH 83001 2006
CMB PARTNER 81805 2016
IONIC KIBOU 81889 2015
JAG ADITI 80325 2011
JAG AJAY 82082 2016
KAVO PALOMA 75698 2007
LADY GIOVI 81791 2007
NAVIOS HARMONY 82790 2006
ORDU 82231 2012
PANAFRICAN 83690 2008
SBI SOUSTA 81174 2016
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 JUN 81809 2013

Supramax

NAME DWT YEAR
ADVENTURE III 62534 2019
AEOLOS 63434 2015
ARCADIA 58018 2012
CHAYANEE NAREE 56512 2012
CLIPPER INNOVATION 63440 2016
EL MATADOR 63379 2016
ELLA 52454 2003
FIRST SKY 63452 2017
GEIYO K 55476 2016
HAKO 63104 2014
KAMARI 53822 2011
KEN COLON 63000 2018
KIRAN ADRIATIC 63477 1987
LEON OETKER 58790 2008
MANA 63408 2017
MONA MANX 63878 2017
OCEAN BANQUET 63562 2017
PORT ORIENT 61485 2016
PURE TRADER 56855 2011
RED SAKURA 60245 2017
ROADRUNNER 54057 2008
SBI APOLLO 60425 2016
SBI PISCES 63650 2016
SBI SUBARU 61571 2015
SCARLETT MANX 63878 2017
SEA MELODY 58117 2010
SINICA GRAECA 63270 2015
ST ANDREW 50792 1998
TAI SPLENDOR 60618 2015
TD TOKYO 63456 2017
TRIDENT STAR 57836 2015
ULTRA AGILITY 61213 2016
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 INITIATOR 62647 2019
ULTRA INNOVATION 61188 2016
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
VICTORIA MAY 58634 2016
ZEYNO 63064 2014

Handysize

NAME DWT YEAR
AC SPLENDOR 32739 2005
AFRICAN RAVEN 37711 2014
ALSEA BAY 36746 2011
ARGO B 35315 2010
ATLANTIC LAUREL 33271 2012
BERLIN TRADER 33271 2010
BLUEWING 26747 2001
CAPETAN COSTIS 34125 2011
CENTURY MELODY 16233 2011
CHARANA NAREE 33720 2005
CIELO DI VIRGIN GORDA 39202 2015
COQUIMBO I 17013 2007
CORCOVADO 12840 2004
CORDILLERA 12798 2004
CORRAL 16302 2004
DARYA GANGA 36845 2012
EVOLUTION 24306 1995
FIORA TOPIC 34356 2015
HALANDRIANI 23693 2000
INTERLINK CAPACITY 38834 2016
INTERLINK PARITY 37148 2012
IOANNA D 34815 2012
IONIC HAWK 34023 2012
IONIC HUNTRESS 34023 2012
JETSTREAM 34562 2012
KOCIEWIE 38980 2009
LABRADOR STRAIT 34126 2010
LEGIONY POLSKIE 39071 2016
LIEKE 9214 2011
LIVADI 35058 2011
MADRID TRADER 33271 2011
MAR DE CORTES 12274 2001
MARGARET SW 25010 2012
MURORAN 14048 2010
NOMADIC MILDE 12914 2011
NORD SANTIAGO 39475 2018
NORD YILAN 28191 2010
NORDIC ALIANCA 37188 2014
NORDMOSEL 38620 2017
NORDTAJO 38541 2017
OSLO TRADER 33271 2011
PIRIN 21211 2007
POLLUX 32017 2007
PUCK 37893 2012
RELIABLE 38603 2017
RICARDA 38566 2015
ROME TRADER 33271 2010
SAKURA DREAM 38213 2013
SAN FELICE 34050 2010
SEDNA OCEAN 31997 2011
STRATEGIC VENTURE 39724 2014
SYMPHONY 23483 1995
TBC PRESTIGE 31956 2014
TBC PRINCESS 31956 2013
TBC PROGRESS 31956 2012
TRAMMO STANTON 38602 2015
UBC SANTOS 31569 2008
UGLJAN 37728 2010
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
ULTRA VILLARRICA 37429 2014
VANTAGE WAVE 33421 2011
WL LADOGA 37667 2014
WONDERFUL SW 31742 2014