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:


49 vessels already
delivered and in service


7 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 AMITY 32752 2013
AC SPLENDOR 32739 2005
ADVENTURE I 62472 2017
ADVENTURE II 62472 2018
ADVENTURE III 62534 2019
AGIOS MAKARIOS 80928 2017
AKAKI 84075 2013
ALBERTA 62958 2016
ALCYONE 37388 2017
AMAMI K 58613 2012
AMERICABORG 17300 2007
AQUITANIA 35938 2012
ASTON TRADER 39300 2017
ATHENA 61501 2011
ATLAS STRENGTH 83001 2006
BEN NEVIS 38737 2014
BERLIN TRADER 33271 2010
CALM BAY 37534 2006
CIELO DI JARI 39202 2016
CIELO DI TAMPA 39202 2016
CMB PARTNER 81805 2016
COQUIMBO I 17013 2007
CORCOVADO 12840 2004
CORDILLERA 12798 2004
CORESKY OL 34302 2015
CORRAL 16302 2004
CRIMSON PRINCESS 38395 2012
CYGNUS OCEAN 58609 2013
FALCON TRIUMPH 63481 2016
FEDERAL DELTA 34492 2018
FENG LI HAI 63424 2017
FIORA TOPIC 34356 2015
FIRST SKY 63452 2017
FORTUNE IRIS 82372 2009
FOXTROT 35169 2012
FU QUAN SHAN 56620 2013
GH SEABISCUIT 63367 2016
GIORGOS B 35291 2010
GLOBAL FRONTIER 57298 2010
GOLD DUST 28420 2012
GOLDEN ENTERPRISE 79452 2011
GRAECIA AETERNA 81022 2014
HAKO 63104 2014
INTERLINK AFFINITY 39045 2016
INTERLINK CAPACITY 38834 2016
IONIC HAWK 34023 2012
IONIC KIBOU 81889 2015
JETSTREAM 34562 2012
JIN FAN 93078 2013
KAVO PALOMA 75698 2007
KAVO YERAKI 82926 2006
KEY ACTION 82168 2010
LADY GIOVI 81791 2007
LAVIEEN ROSE 33398 2014
LEMESSOS QUEEN 76565 2008
LEON OETKER 58790 2008
LOCH MAREE 33000 2013
LOWLANDS MIMOSA 63600 2018
LOWLANDS OPAL 55381 2007
MADRID TRADER 33271 2011
MAPLE OPAL 56842 2010
MAR DE CORTES 12274 2001
MARMALAITA 10603 2002
MEDI SEGESTA 58730 2009
MERMAID STAR 14026 1999
MURORAN 14048 2010
NING TAI HAI 63573 2017
NOMADIC MILDE 12914 2011
NORD KANMON 60236 2018
NORD YILAN 28191 2010
OASIS ISLAND 37816 2015
OCEAN GLORY 35552 2003
OCEAN JOY 38114 2013
ODELMAR 35008 2017
ORDU 82231 2012
OSLO TRADER 33271 2011
PAOLO TOPIC 60155 2016
POAVOSA WISDOM III 28232 2011
PORT ORIENT 61485 2016
PRINCESSE OUI 33375 2015
PUCK 37893 2012
RIBBON 53206 1998
RIVA 38664 2016
ROME TRADER 33271 2010
ROSSANA 38586 2016
SAINT VASSILIOS 33889 2012
SAKURA 63354 2018
SAN FELICE 34050 2010
SANTA ANGELINA 58099 2015
SANTA URSULA 61453 2012
SAPPHIRE ISLAND 33664 2012
SBI SAMSON 63313 2017
SBI VIRGO 63629 2016
SEA MELODY 58117 2010
SEDNA OCEAN 31997 2011
SHANDONG PENG CHENG 82154 2010
SHINING BLISS 81996 2014
SINOCHART BEIJING 81663 2012
SOPHIA N 56829 2009
SOUTHPORT EAGLE 63301 2013
SPAR PAVO 63250 2015
SUPER EMMA 37277 2008
TAI PROGRESS 77834 2004
TBC PRESTIGE 31956 2014
TBC PRINCESS 31956 2013
TBC PROGRESS 31956 2012
TOMINI DESTINY 63590 2017
TRAMMO LAOURA 38602 2017
TRANSPACIFIC 81247 2012
TRIDENT STAR 57836 2015
UBC TARRAGONA 37821 2009
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 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
UNISON MEDAL 37431 2015
V DUE 37888 2015
XIN XIANG HAI 56111 2012
XING HE HAI 61452 2016
ZEYNO 63064 2014
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
AGIOS MAKARIOS 80928 2017
AKAKI 84075 2013
ATLAS STRENGTH 83001 2006
CMB PARTNER 81805 2016
FORTUNE IRIS 82372 2009
GOLDEN ENTERPRISE 79452 2011
GRAECIA AETERNA 81022 2014
IONIC KIBOU 81889 2015
JIN FAN 93078 2013
KAVO PALOMA 75698 2007
KAVO YERAKI 82926 2006
KEY ACTION 82168 2010
LADY GIOVI 81791 2007
LEMESSOS QUEEN 76565 2008
ORDU 82231 2012
SHANDONG PENG CHENG 82154 2010
SHINING BLISS 81996 2014
SINOCHART BEIJING 81663 2012
TAI PROGRESS 77834 2004
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

Supramax

NAME DWT YEAR
ADVENTURE I 62472 2017
ADVENTURE II 62472 2018
ADVENTURE III 62534 2019
ALBERTA 62958 2016
AMAMI K 58613 2012
ATHENA 61501 2011
CYGNUS OCEAN 58609 2013
FALCON TRIUMPH 63481 2016
FENG LI HAI 63424 2017
FIRST SKY 63452 2017
FU QUAN SHAN 56620 2013
GH SEABISCUIT 63367 2016
GLOBAL FRONTIER 57298 2010
HAKO 63104 2014
LEON OETKER 58790 2008
LOWLANDS MIMOSA 63600 2018
LOWLANDS OPAL 55381 2007
MAPLE OPAL 56842 2010
MEDI SEGESTA 58730 2009
NING TAI HAI 63573 2017
NORD KANMON 60236 2018
PAOLO TOPIC 60155 2016
PORT ORIENT 61485 2016
RIBBON 53206 1998
SAKURA 63354 2018
SANTA ANGELINA 58099 2015
SANTA URSULA 61453 2012
SBI SAMSON 63313 2017
SBI VIRGO 63629 2016
SEA MELODY 58117 2010
SOPHIA N 56829 2009
SOUTHPORT EAGLE 63301 2013
SPAR PAVO 63250 2015
TOMINI DESTINY 63590 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 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
XIN XIANG HAI 56111 2012
XING HE HAI 61452 2016
ZEYNO 63064 2014

Handysize

NAME DWT YEAR
AC AMITY 32752 2013
AC SPLENDOR 32739 2005
ALCYONE 37388 2017
AMERICABORG 17300 2007
AQUITANIA 35938 2012
ASTON TRADER 39300 2017
BEN NEVIS 38737 2014
BERLIN TRADER 33271 2010
CALM BAY 37534 2006
CIELO DI JARI 39202 2016
CIELO DI TAMPA 39202 2016
COQUIMBO I 17013 2007
CORCOVADO 12840 2004
CORDILLERA 12798 2004
CORESKY OL 34302 2015
CORRAL 16302 2004
CRIMSON PRINCESS 38395 2012
FEDERAL DELTA 34492 2018
FIORA TOPIC 34356 2015
FOXTROT 35169 2012
GIORGOS B 35291 2010
GOLD DUST 28420 2012
INTERLINK AFFINITY 39045 2016
INTERLINK CAPACITY 38834 2016
IONIC HAWK 34023 2012
JETSTREAM 34562 2012
LAVIEEN ROSE 33398 2014
LOCH MAREE 33000 2013
MADRID TRADER 33271 2011
MAR DE CORTES 12274 2001
MARMALAITA 10603 2002
MERMAID STAR 14026 1999
MURORAN 14048 2010
NOMADIC MILDE 12914 2011
NORD YILAN 28191 2010
OASIS ISLAND 37816 2015
OCEAN GLORY 35552 2003
OCEAN JOY 38114 2013
ODELMAR 35008 2017
OSLO TRADER 33271 2011
POAVOSA WISDOM III 28232 2011
PRINCESSE OUI 33375 2015
PUCK 37893 2012
RIVA 38664 2016
ROME TRADER 33271 2010
ROSSANA 38586 2016
SAINT VASSILIOS 33889 2012
SAN FELICE 34050 2010
SAPPHIRE ISLAND 33664 2012
SEDNA OCEAN 31997 2011
SUPER EMMA 37277 2008
TBC PRESTIGE 31956 2014
TBC PRINCESS 31956 2013
TBC PROGRESS 31956 2012
TRAMMO LAOURA 38602 2017
UBC TARRAGONA 37821 2009
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
UNISON MEDAL 37431 2015
V DUE 37888 2015