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
AMIS POWER 64012 2018
AMURBORG 17323 2011
ANTHIA 29940 2002
APHRODITE L 81365 2011
ARTVIN 81660 2011
ASIAN PROMINENCE 62466 2017
ATLAS STRENGTH 83001 2006
AZORESBORG 17323 2010
BEN WYVIS 35057 2015
BERGE HALLASAN 37945 2016
BF CALOOSA 11142 2007
BLUEWING 26747 2001
BOSTON HARMONY 38494 2015
BW RYE 81783 2019
CAPTAIN HADDOCK 61094 2019
COQUIMBO 17013 2007
CORCOVADO 12840 2004
CORDILLERA 12798 2004
CORRAL 16302 2004
CP NANJING 63581 2017
DESTINY 29229 2010
DORIS 34505 2011
ERRADALE 39810 2014
FALCON TRIUMPH 63481 2016
FENG LI HAI 63424 2017
FIRST SKY 63452 2017
FLAG GANGOS 56525 2013
FLAG LAMA 80891 2017
FU XING HAI 38800 2016
GLOBAL AMBITION 34458 2018
GRAND CONCORD 61492 2012
GREAT REWARD 31744 2011
GREEN GEM 38000 2018
HAKO 63104 2014
HECTOR PMAX 75084 2008
INTERLINK SOLIDITY 38749 2017
IONIC HAWK 34023 2012
IONIC KIBOU 81889 2015
JAG ADITI 80325 2011
JAKOB SELMER 33637 2011
JETSTREAM 34562 2012
JULIETTA D 37202 2013
KANG CHENG 55541 2004
KAVO PLATANOS 56750 2011
KENNADI 63262 2016
KING MILO 77198 2012
KOTA BAYU 24976 2012
LADY CANSEN 28250 2009
LADY GIOVI 81791 2007
LAST TYCOON 34569 2012
LEON OETKER 58790 2008
LOWLANDS AMSTEL 61400 2015
MADRID TRADER 33271 2011
MAR DE CORTES 12274 2001
MARATHA PRUDENCE 32070 2012
MICHALIS 33723 2011
NAUTICAL RUNA 63530 2015
NAVIOS HARMONY 82790 2006
NEW AGE 21639 2007
NICHOLAS 58018 2010
NOMADIC MILDE 12914 2011
NORD YILAN 28191 2010
NORDTAJO 38541 2017
OCEAN INNOVATION 63440 2016
OCEAN TRADER I 76596 2006
ORDU 82231 2012
PACIFIC LOGGER 31877 2000
PLATE QUEEN 55649 2007
PORTO LEONE 63800 2014
QING HUA SHAN 63457 2016
RED SAKURA 60245 2017
REUNION BAY 32354 2006
RIZE 81660 2012
SAN ANTONIO 55768 2012
SAN FELICE 34050 2010
SANTOS EAGLE 63537 2015
SBI APOLLO 60425 2016
SCARABE 60100 2015
SEAHARMONY 62770 2015
SEASTAR ENDEAVOUR 36804 2011
SELINA 75700 2010
SFERA 76801 2006
SHANDONG PENG CHENG 82154 2010
SHIMANAMI STAR 28447 2006
SIDER CARTAGENA 14121 2006
SINOP 63250 2013
SPAR ARIES 63800 2015
SPAR LIBRA 53565 2006
SPAR MIRA 58018 2010
ST PINOT 58000 2010
STH SYDNEY 60309 2016
STOVE CALEDONIA 58092 2010
SUMMERTIME DREAM 56104 2014
TAI SHINE 61473 2012
TBC PRESTIGE 31956 2014
TBC PRINCESS 31956 2013
TBC PROGRESS 31956 2012
TENRO MARU 57593 2016
TN DAWN 56678 2008
TOMINI DESTINY 63590 2017
TOMINI DYNASTY 63565 2018
TRABZON 81680 2011
TRANSPACIFIC 81247 2012
TRIDENT STAR 57836 2015
TRINITAS 12016 2007
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 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 VILLARRICA 37429 2014
ULTRA WOLLONGONG 61684 2011
UNI HORIZON 36861 2018
VIL ATLANTIC 37851 2010
VIRTUOUS STRIKER 56819 2010
WP BRAVE 58627 2012
ZEYNO 63064 2014
ZHENG JUN 81809 2013
ZHENG ZHI 81804 2013
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
APHRODITE L 81365 2011
ARTVIN 81660 2011
ATLAS STRENGTH 83001 2006
BW RYE 81783 2019
FLAG LAMA 80891 2017
HECTOR PMAX 75084 2008
IONIC KIBOU 81889 2015
JAG ADITI 80325 2011
KING MILO 77198 2012
LADY GIOVI 81791 2007
NAVIOS HARMONY 82790 2006
OCEAN TRADER I 76596 2006
ORDU 82231 2012
RIZE 81660 2012
SELINA 75700 2010
SFERA 76801 2006
SHANDONG PENG CHENG 82154 2010
TRABZON 81680 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 JUN 81809 2013
ZHENG ZHI 81804 2013

Supramax

NAME DWT YEAR
ADVENTURE III 62534 2019
AMIS POWER 64012 2018
ASIAN PROMINENCE 62466 2017
CAPTAIN HADDOCK 61094 2019
CP NANJING 63581 2017
FALCON TRIUMPH 63481 2016
FENG LI HAI 63424 2017
FIRST SKY 63452 2017
FLAG GANGOS 56525 2013
GRAND CONCORD 61492 2012
HAKO 63104 2014
KANG CHENG 55541 2004
KAVO PLATANOS 56750 2011
KENNADI 63262 2016
LEON OETKER 58790 2008
LOWLANDS AMSTEL 61400 2015
NAUTICAL RUNA 63530 2015
NICHOLAS 58018 2010
OCEAN INNOVATION 63440 2016
PLATE QUEEN 55649 2007
PORTO LEONE 63800 2014
QING HUA SHAN 63457 2016
RED SAKURA 60245 2017
SAN ANTONIO 55768 2012
SANTOS EAGLE 63537 2015
SBI APOLLO 60425 2016
SCARABE 60100 2015
SEAHARMONY 62770 2015
SINOP 63250 2013
SPAR ARIES 63800 2015
SPAR LIBRA 53565 2006
SPAR MIRA 58018 2010
ST PINOT 58000 2010
STH SYDNEY 60309 2016
STOVE CALEDONIA 58092 2010
SUMMERTIME DREAM 56104 2014
TAI SHINE 61473 2012
TENRO MARU 57593 2016
TN DAWN 56678 2008
TOMINI DESTINY 63590 2017
TOMINI DYNASTY 63565 2018
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 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
VIRTUOUS STRIKER 56819 2010
WP BRAVE 58627 2012
ZEYNO 63064 2014

Handysize

NAME DWT YEAR
AC SPLENDOR 32739 2005
AMURBORG 17323 2011
ANTHIA 29940 2002
AZORESBORG 17323 2010
BEN WYVIS 35057 2015
BERGE HALLASAN 37945 2016
BF CALOOSA 11142 2007
BLUEWING 26747 2001
BOSTON HARMONY 38494 2015
COQUIMBO 17013 2007
CORCOVADO 12840 2004
CORDILLERA 12798 2004
CORRAL 16302 2004
DESTINY 29229 2010
DORIS 34505 2011
ERRADALE 39810 2014
FU XING HAI 38800 2016
GLOBAL AMBITION 34458 2018
GREAT REWARD 31744 2011
GREEN GEM 38000 2018
INTERLINK SOLIDITY 38749 2017
IONIC HAWK 34023 2012
JAKOB SELMER 33637 2011
JETSTREAM 34562 2012
JULIETTA D 37202 2013
KOTA BAYU 24976 2012
LADY CANSEN 28250 2009
LAST TYCOON 34569 2012
MADRID TRADER 33271 2011
MAR DE CORTES 12274 2001
MARATHA PRUDENCE 32070 2012
MICHALIS 33723 2011
NEW AGE 21639 2007
NOMADIC MILDE 12914 2011
NORD YILAN 28191 2010
NORDTAJO 38541 2017
PACIFIC LOGGER 31877 2000
REUNION BAY 32354 2006
SAN FELICE 34050 2010
SEASTAR ENDEAVOUR 36804 2011
SHIMANAMI STAR 28447 2006
SIDER CARTAGENA 14121 2006
TBC PRESTIGE 31956 2014
TBC PRINCESS 31956 2013
TBC PROGRESS 31956 2012
TRINITAS 12016 2007
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
UNI HORIZON 36861 2018
VIL ATLANTIC 37851 2010