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Well in advance of the January 2020 IMO SOX restriction implementation, Ultrabulk started working with our global tonnage providers. A detailed tank cleaning programme was established and executed and the full fleet met the presented deadline without any down time on our fleet.
Parallel to the tank cleaning programme allowing the fleet to switch to new compliant low sulphur fuels in time, Ultrabulk also initiated a programme for the installation of SOX Scrubbers on a portion of our core long-term fleet. The installation of scrubbers on four existing vessels as well as the delivery of five scrubber-fitted newbuildings from key long-term tonnage partners is on schedule and expected to be completed within first half of 2020. Upon completion of this programme, the scrubber-fitted portion of the fleet will represent approximately 6 % of the full Ultrabulk fleet or 18 % of the core long-term owned and chartered fleet. This will ensure a suitable hedge against forward in the high sulphur/low sulphur bunker cost.
Meeting the IMO SOX deadline is now behind us, but the coming challenges on NOX/Greenhouse Gas (GHG) reductions is the next challenge facing our industry. Even though the deadline is more than a decade away, the need for cooperation and industry innovation and investment is the next big challenge, and we must lift in unity with not only the shipbuilders and shipowners, but also involving the cargo owners and other industries.
While the SOX challenge had suitable solutions like the installations of scrubbers or switching to compliant fuels, the coming NOX/GHG challenges presently does not have a suitable solution for the shipping industry to reach zero-emissions. There are however a lot of initiatives taken, and still to be taken, to reduce the levels of emissions.
Ultrabulk is diligently following numerous promising initiatives, both as a possible customer, but also as an investor, with the goal to support the much needed innovation to solve the challenge ahead of us.
Ultrabulk is 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 NOX/GHG 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.
The work has only just started and to reach the finish line, cooperation throughout the industry is essential for success. Ultrabulk is committed to carry a leading role in achieving the goal.
In 2019 Ultrabulk took delivery of three newbuilding vessels to our fleet, and with five units scheduled for delivery in 2020, we are well positioned to service our key long-terms and spot-cargo clients in the years to come.
With a maintained focus on reducing our carbon footprint, Ultrabulk will continue to work closely with the best shipbuilders in our industry and first-class reliable owners. Together we will continue the improvement of designs of the next generation of vessels by retaining focus on a strict due diligence process with our close partners.
Programme size:
»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
Up to 40 vessels
Up to 60 vessels
Up to 55 vessels
Up to 10 vessels
NAME | DWT | YEAR |
---|---|---|
SUN RUBY | 32754 | 2004 |
ULTRA PANTHER | 83610 | 2008 |
LORETO | 76741 | 2004 |
IONIAN SPIRE | 32268 | 2008 |
SZARE SZEREGI | 39071 | 2017 |
ATLAS STRENGTH | 83001 | 2006 |
ULTRA PANACHE | 78450 | 2011 |
GLYKOFILOUSSA | 75734 | 2005 |
VELA | 53734 | 2007 |
ULTRA SASKATCHEWAN | 61484 | 2010 |
ULTRA COLONSAY | 61470 | 2011 |
ULTRA SASKATOON | 61470 | 2012 |
ULTRA DYNAMIC | 61412 | 2011 |
ULTRA WOLLONGONG | 61684 | 2011 |
ULTRA GUJARAT | 61671 | 2012 |
ULTRA ROCANVILLE | 61683 | 2012 |
ULTRA DWARKA | 61395 | 2012 |
ULTRA BELLAMBI | 61470 | 2012 |
ULTRA LANIGAN | 58032 | 2012 |
ULTRA ESTERHAZY | 38228 | 2012 |
ULTRA VANSCOY | 38228 | 2013 |
OMICRON LIGHT | 76602 | 2005 |
ELENA | 76741 | 2006 |
ULTRA TIGER | 83611 | 2009 |
SUPER KATE | 32162 | 2008 |
ULTRA REGINA | 61424 | 2013 |
ULTRA CORY | 61442 | 2014 |
SOPHIA Z | 57285 | 2009 |
FOUR AIDA | 34790 | 2009 |
LOWLANDS BRABO | 32280 | 2010 |
ALBATROSS ISLAND | 61414 | 2010 |
MIREILLE SELMER | 33500 | 2010 |
ULTRA TRONADOR | 32873 | 2000 |
SAGITTARIUS | 28508 | 2010 |
AC SESODA | 28306 | 2008 |
ARTVIN | 81660 | 2011 |
PRETTY IVY | 35214 | 2011 |
EQUINOX ORENDA | 58689 | 2012 |
RIZE | 81660 | 2012 |
JUNO | 30185 | 2011 |
CLIFTON BAY | 58709 | 2012 |
ORDU | 81600 | 2012 |
ULTRA INTEGRITY | 61181 | 2016 |
NORDIC LONDON | 34952 | 2010 |
FOUR DIAMOND | 34059 | 2011 |
TITAN | 57337 | 2009 |
ULTRA TOLHUACA | 37429 | 2015 |
TBC PROGRESS | 31956 | 2012 |
LUBIE | 29694 | 2011 |
AMANDA C | 34446 | 2012 |
SM AURORA | 81970 | 2012 |
ULTRA LION | 81922 | 2015 |
ULTRA EXCELLENCE | 61214 | 2016 |
EQUATOR | 18965 | 2008 |
SUPER VALENTINA | 33382 | 2013 |
KEY FUTURE | 82099 | 2012 |
ULTRA COUGAR | 81922 | 2015 |
ULTRA TRUST | 61225 | 2015 |
NORDIC NANJING | 35712 | 2013 |
TANIKAZE | 56064 | 2013 |
ULTRA TATIO | 37927 | 2016 |
CORINNA | 81681 | 2013 |
ULTRA JAGUAR | 81922 | 2016 |
ULTRA FITZ ROY | 37918 | 2016 |
HAKO | 63104 | 2014 |
NAVIGARE BONITAS | 63166 | 2014 |
ULTRA PASSION | 63472 | 2017 |
NOMADIC MILDE | 12914 | 2011 |
GLOBAL MIRAI | 58028 | 2012 |
CORDILLERA | 12798 | 2004 |
PEDHOULAS FARMER | 81541 | 2012 |
ULTRA LYNX | 81607 | 2018 |
ULTRA DANIELA | 61288 | 2015 |
ULTRA PUMA | 81855 | 2016 |
ULTRA DIVERSITY | 63490 | 2017 |
ULTRA DEDICATION | 63490 | 2018 |
ULTRA OSORNO | 37883 | 2018 |
ULTRA ANGEL | 61298 | 2017 |
ULTRA CRIMSON | 61084 | 2016 |
ULTRA LEOPARD | 81777 | 2016 |
PATIENCE LAKE | 35465 | 2013 |
HANTON TRADER I | 63469 | 2014 |
ULTRA CALBUCO | 37981 | 2017 |
ZEYNO | 63064 | 2014 |
UNITED HARMONY | 38200 | 2015 |
TS ALPHA | 38871 | 2015 |
SBI ANTARES | 61593 | 2015 |
STRATEGIC HARMONY | 39879 | 2014 |
APPALOOSA | 36062 | 2013 |
CORRAL | 16200 | 2004 |
CALYPSO N | 61622 | 2015 |
BASIC RAINBOW | 38468 | 2011 |
NORDORINOCO | 38000 | 2015 |
MAESTRO DIAMOND | 36920 | 2015 |
VIYADA NAREE | 38716 | 2016 |
NORDRHONE | 38036 | 2015 |
ULTRA INFINITY | 61188 | 2016 |
CORCOVADO | 12418 | 2004 |
FIRST SKY | 63452 | 2017 |
JULIETTA D | 37202 | 2013 |
MAR DE CORTES | 12274 | 2001 |
SPAR INDUS | 63302 | 2016 |
ULTRA SERVAL | 81400 | 2020 |
CIELO DI VIRGIN GORDA | 39202 | 2015 |
INTERLINK AFFINITY | 39045 | 2016 |
ULTRA QUALITY | 63465 | 2020 |
SOHO MANDATE | 61436 | 2016 |
ULTRA CAPE TOWN | 16956 | 2013 |
SAND TOPIC | 60155 | 2017 |
EVMAR | 82025 | 2016 |
NAVIGARE BELLUS | 63304 | 2017 |
ULTRA GALAXY | 13802 | 2008 |
ULTRA PROGRESSION | 64012 | 2018 |
GOLD OAK | 37732 | 2017 |
ULTRA COURAGE | 63645 | 2019 |
ULTRA INITIATOR | 62647 | 2019 |
ULTRA VISION | 61119 | 2020 |
COQUIMBO | 17013 | 2007 |
ULTRA OCELOT | 81600 | 2020 |
GREAT COSMOS | 38649 | 2018 |
ANGLO BARINTHUS | 81628 | 2013 |
ULTRA MARGAY | 81920 | 2020 |
GLOBAL AQUA | 55592 | 2019 |
ALPHA HERO | 82052 | 2018 |
ALTHEA | 29815 | 2002 |
AMORGOS | 36063 | 2014 |
ANGLO RED | 81712 | 2013 |
BERGE SNAEFELL | 37669 | 2018 |
SEAHOPE | 32922 | 2012 |
CHOLA TREASURE | 75926 | 2004 |
CS JADEN | 38101 | 2013 |
EKATERINI | 82006 | 2018 |
EURUS VENTURE | 43413 | 2017 |
FJ STAR | 61225 | 2016 |
GOLDEN BRILLIANT | 74524 | 2013 |
GREAT AGILITY | 38648 | 2018 |
JERICHO BEACH | 37633 | 2013 |
ORTOLAN ALPHA STRAIT | 34126 | 2010 |
LIBERATOR | 28414 | 2006 |
NAVIOS ASTERIKS | 76800 | 2005 |
NEW AGE | 21639 | 2007 |
NIKOLAS D | 80901 | 2018 |
NORDTAJO | 38541 | 2017 |
SEA VENUS | 80888 | 2013 |
SOLINA | 30182 | 2012 |
SOUTHGATE | 38018 | 2018 |
TRABZON | 81680 | 2011 |
YANNIS | 50779 | 2009 |
SIDER CARTAGENA | 14121 | 2006 |
SEAGEM | 81714 | 2019 |
INDIGO GARLAND | 63509 | 2020 |
NORD CORONA | 81600 | 2019 |
ROYAL KALEIDO | 80871 | 2019 |
ULTRA FOREST | 40200 | 2020 |
ULTRA BOSQUE | 40200 | 2020 |
NY TRADER III | 39488 | 2016 |
PS VALLETTA | 34050 | 2010 |
PACIFIC HARMONY | 38139 | 2013 |
INFINITY SKY | 62950 | 2018 |
ATALANTE | 23641 | 2008 |
NAME | DWT | YEAR |
---|---|---|
ULTRA PANTHER | 83610 | 2008 |
LORETO | 76741 | 2004 |
ATLAS STRENGTH | 83001 | 2006 |
ULTRA PANACHE | 78450 | 2011 |
GLYKOFILOUSSA | 75734 | 2005 |
OMICRON LIGHT | 76602 | 2005 |
ELENA | 76741 | 2006 |
ULTRA TIGER | 83611 | 2009 |
ARTVIN | 81660 | 2011 |
RIZE | 81660 | 2012 |
ORDU | 81600 | 2012 |
SM AURORA | 81970 | 2012 |
ULTRA LION | 81922 | 2015 |
KEY FUTURE | 82099 | 2012 |
ULTRA COUGAR | 81922 | 2015 |
CORINNA | 81681 | 2013 |
ULTRA JAGUAR | 81922 | 2016 |
PEDHOULAS FARMER | 81541 | 2012 |
ULTRA LYNX | 81607 | 2018 |
ULTRA PUMA | 81855 | 2016 |
ULTRA LEOPARD | 81777 | 2016 |
ULTRA SERVAL | 81400 | 2020 |
EVMAR | 82025 | 2016 |
ULTRA OCELOT | 81600 | 2020 |
ANGLO BARINTHUS | 81628 | 2013 |
ULTRA MARGAY | 81920 | 2020 |
ALPHA HERO | 82052 | 2018 |
ANGLO RED | 81712 | 2013 |
CHOLA TREASURE | 75926 | 2004 |
EKATERINI | 82006 | 2018 |
GOLDEN BRILLIANT | 74524 | 2013 |
NAVIOS ASTERIKS | 76800 | 2005 |
NIKOLAS D | 80901 | 2018 |
SEA VENUS | 80888 | 2013 |
TRABZON | 81680 | 2011 |
SEAGEM | 81714 | 2019 |
NORD CORONA | 81600 | 2019 |
ROYAL KALEIDO | 80871 | 2019 |
NAME | DWT | YEAR |
---|---|---|
VELA | 53734 | 2007 |
ULTRA SASKATCHEWAN | 61484 | 2010 |
ULTRA COLONSAY | 61470 | 2011 |
ULTRA SASKATOON | 61470 | 2012 |
ULTRA DYNAMIC | 61412 | 2011 |
ULTRA WOLLONGONG | 61684 | 2011 |
ULTRA GUJARAT | 61671 | 2012 |
ULTRA ROCANVILLE | 61683 | 2012 |
ULTRA DWARKA | 61395 | 2012 |
ULTRA BELLAMBI | 61470 | 2012 |
ULTRA LANIGAN | 58032 | 2012 |
ULTRA REGINA | 61424 | 2013 |
ULTRA CORY | 61442 | 2014 |
SOPHIA Z | 57285 | 2009 |
ALBATROSS ISLAND | 61414 | 2010 |
EQUINOX ORENDA | 58689 | 2012 |
CLIFTON BAY | 58709 | 2012 |
ULTRA INTEGRITY | 61181 | 2016 |
TITAN | 57337 | 2009 |
ULTRA EXCELLENCE | 61214 | 2016 |
ULTRA TRUST | 61225 | 2015 |
TANIKAZE | 56064 | 2013 |
HAKO | 63104 | 2014 |
NAVIGARE BONITAS | 63166 | 2014 |
ULTRA PASSION | 63472 | 2017 |
GLOBAL MIRAI | 58028 | 2012 |
ULTRA DANIELA | 61288 | 2015 |
ULTRA DIVERSITY | 63490 | 2017 |
ULTRA DEDICATION | 63490 | 2018 |
ULTRA ANGEL | 61298 | 2017 |
ULTRA CRIMSON | 61084 | 2016 |
HANTON TRADER I | 63469 | 2014 |
ZEYNO | 63064 | 2014 |
SBI ANTARES | 61593 | 2015 |
CALYPSO N | 61622 | 2015 |
ULTRA INFINITY | 61188 | 2016 |
FIRST SKY | 63452 | 2017 |
SPAR INDUS | 63302 | 2016 |
ULTRA QUALITY | 63465 | 2020 |
SOHO MANDATE | 61436 | 2016 |
SAND TOPIC | 60155 | 2017 |
NAVIGARE BELLUS | 63304 | 2017 |
ULTRA PROGRESSION | 64012 | 2018 |
ULTRA COURAGE | 63645 | 2019 |
ULTRA INITIATOR | 62647 | 2019 |
ULTRA VISION | 61119 | 2020 |
GLOBAL AQUA | 55592 | 2019 |
FJ STAR | 61225 | 2016 |
YANNIS | 50779 | 2009 |
INDIGO GARLAND | 63509 | 2020 |
INFINITY SKY | 62950 | 2018 |
NAME | DWT | YEAR |
---|---|---|
SUN RUBY | 32754 | 2004 |
IONIAN SPIRE | 32268 | 2008 |
SZARE SZEREGI | 39071 | 2017 |
ULTRA ESTERHAZY | 38228 | 2012 |
ULTRA VANSCOY | 38228 | 2013 |
SUPER KATE | 32162 | 2008 |
FOUR AIDA | 34790 | 2009 |
LOWLANDS BRABO | 32280 | 2010 |
MIREILLE SELMER | 33500 | 2010 |
ULTRA TRONADOR | 32873 | 2000 |
SAGITTARIUS | 28508 | 2010 |
AC SESODA | 28306 | 2008 |
PRETTY IVY | 35214 | 2011 |
JUNO | 30185 | 2011 |
NORDIC LONDON | 34952 | 2010 |
FOUR DIAMOND | 34059 | 2011 |
ULTRA TOLHUACA | 37429 | 2015 |
TBC PROGRESS | 31956 | 2012 |
LUBIE | 29694 | 2011 |
AMANDA C | 34446 | 2012 |
EQUATOR | 18965 | 2008 |
SUPER VALENTINA | 33382 | 2013 |
NORDIC NANJING | 35712 | 2013 |
ULTRA TATIO | 37927 | 2016 |
ULTRA FITZ ROY | 37918 | 2016 |
NOMADIC MILDE | 12914 | 2011 |
CORDILLERA | 12798 | 2004 |
ULTRA OSORNO | 37883 | 2018 |
PATIENCE LAKE | 35465 | 2013 |
ULTRA CALBUCO | 37981 | 2017 |
UNITED HARMONY | 38200 | 2015 |
TS ALPHA | 38871 | 2015 |
STRATEGIC HARMONY | 39879 | 2014 |
APPALOOSA | 36062 | 2013 |
CORRAL | 16200 | 2004 |
BASIC RAINBOW | 38468 | 2011 |
NORDORINOCO | 38000 | 2015 |
MAESTRO DIAMOND | 36920 | 2015 |
VIYADA NAREE | 38716 | 2016 |
NORDRHONE | 38036 | 2015 |
CORCOVADO | 12418 | 2004 |
JULIETTA D | 37202 | 2013 |
MAR DE CORTES | 12274 | 2001 |
CIELO DI VIRGIN GORDA | 39202 | 2015 |
INTERLINK AFFINITY | 39045 | 2016 |
ULTRA CAPE TOWN | 16956 | 2013 |
ULTRA GALAXY | 13802 | 2008 |
GOLD OAK | 37732 | 2017 |
COQUIMBO | 17013 | 2007 |
GREAT COSMOS | 38649 | 2018 |
ALTHEA | 29815 | 2002 |
AMORGOS | 36063 | 2014 |
BERGE SNAEFELL | 37669 | 2018 |
SEAHOPE | 32922 | 2012 |
CS JADEN | 38101 | 2013 |
EURUS VENTURE | 43413 | 2017 |
GREAT AGILITY | 38648 | 2018 |
JERICHO BEACH | 37633 | 2013 |
ORTOLAN ALPHA STRAIT | 34126 | 2010 |
LIBERATOR | 28414 | 2006 |
NEW AGE | 21639 | 2007 |
NORDTAJO | 38541 | 2017 |
SOLINA | 30182 | 2012 |
SOUTHGATE | 38018 | 2018 |
SIDER CARTAGENA | 14121 | 2006 |
ULTRA FOREST | 40200 | 2020 |
ULTRA BOSQUE | 40200 | 2020 |
NY TRADER III | 39488 | 2016 |
PS VALLETTA | 34050 | 2010 |
PACIFIC HARMONY | 38139 | 2013 |
ATALANTE | 23641 | 2008 |