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
MAR DE CORTES 12274 2001
CORCOVADO 12418 2004
CORDILLERA 12798 2004
NOMADIC MILDE 12914 2011
ULTRA GALAXY 13802 2008
SIDER CARTAGENA 14121 2006
CORRAL 16302 2004
ULTRA CAPE TOWN 16956 2013
COQUIMBO 17013 2007
HOANYA WISDOM 21118 2007
NEW AGE 21639 2007
BLUEWING 26747 2001
NORD YILAN 28191 2010
ANEMOS 28399 2006
ROJAREK NAREE 29870 2005
MALLIKA NAREE 30195 2008
SEASTAR TITAN 30438 2009
LADY MARGARET 31864 2013
KEN HOPE 31889 2010
TBC PROGRESS 31956 2012
POLLUX 32017 2007
ALMENDRO 32662 2003
IONIC HAWK 34023 2012
SAN FELICE 34050 2010
ARIETTA 34111 2012
STORM RIDER 34153 2011
FIORA TOPIC 34356 2015
ES URANUS 34358 2014
AMANDA C 34446 2012
DORIS 34505 2011
LAST TYCOON 34569 2012
DARYA KRISHNA 34874 2016
BLU TIDE 35914 2011
SERENITY 36599 2011
CIELO DI CAPALBIO 36638 2012
DARYA GANGA 36845 2012
BUNUN GLORY 37046 2015
BASIC PIONEER 37196 2011
JULIETTA D 37202 2013
ULTRA LASCAR 37429 2015
ULTRA TOLHUACA 37429 2015
WELLPARK 37429 2014
ULTRA OSORNO 37883 2018
ULTRA FITZ ROY 37918 2016
ULTRA TATIO 37927 2016
ULTRA CALBUCO 37981 2017
NICOLINE BULKER 38191 2012
ULTRA ESTERHAZY 38228 2012
ULTRA VANSCOY 38228 2013
GEORGIA HARMONY 38422 2019
NORDTAJO 38541 2017
RICARDA 38566 2015
GREAT PROFIT 38648 2018
DE SHENG HAI 38821 2017
ARMIA KRAJOWA 39071 2016
TCZEW 39071 2017
CIELO DI VALPARAISO 39202 2015
CIELO DI VIRGIN GORDA 39202 2015
LAN BAO HAI 39781 2015
PLATE QUEEN 55649 2007
OCEAN ACE 55697 2005
MARIANNA 55753 2010
EFFY N 55804 2009
ARIETTA 55818 2009
ALKYONI 55830 2012
GREENER 56620 2013
DYNAMIC STRIKER 56736 2010
KAVO PLATANOS 56750 2011
PURE VISION 56830 2011
DORO 57021 2010
IBIS BULKER 57775 2010
SPAR URSA 58018 2011
ULTRA LANIGAN 58032 2012
OCEAN ROYAL 58110 2012
ROYAL KNIGHT 58721 2013
PORT SHANGHAI 58747 2009
ANTE TOPIC 60155 2017
ULTRA CRIMSON 61084 2016
ULTRA INTEGRITY 61181 2016
ULTRA INFINITY 61188 2016
ULTRA EXCELLENCE 61214 2016
ULTRA TRUST 61225 2015
ULTRA DANIELA 61288 2015
ULTRA LETIZIA 61288 2015
ULTRA ANGEL 61298 2017
ULTRA DWARKA 61395 2012
ULTRA DYNAMIC 61412 2011
NEO BEACHWOOD 61418 2011
ULTRA REGINA 61424 2013
ULTRA CORY 61442 2014
ULTRA BELLAMBI 61470 2012
ULTRA COLONSAY 61470 2011
ULTRA SASKATOON 61470 2012
TAI SHINE 61473 2012
ULTRA SASKATCHEWAN 61484 2010
ULTRA PROSPERITY 61645 2010
ULTRA GUJARAT 61671 2012
ULTRA ROCANVILLE 61683 2012
ULTRA WOLLONGONG 61684 2011
TBN 62000 2020
ADVENTURE III 62534 2019
NORD BISCAY 62625 2019
ULTRA INITIATOR 62647 2019
ASIA RUBY II 62966 2014
ASIA RUBY IV 62995 2014
ZEYNO 63064 2014
HAKO 63104 2014
MADISON EAGLE 63258 2012
FLORENTIA 63339 2016
OCEAN INNOVATION 63440 2016
FIRST SKY 63452 2017
ULTRA QUALITY 63465 2019
ULTRA PASSION 63472 2017
SERENA R 63473 2016
KIRAN ADRIATIC 63477 2014
ULTRA DEDICATION 63490 2018
ULTRA DIVERSITY 63490 2017
NEWSEAS CRYSTAL 63548 2013
SANTA ALEXANDRA 63551 2018
ULTRA COURAGE 63645 2019
PEARL ISLAND 63878 2018
ULTRA PROGRESSION 64012 2018
BRAVEHEART 74117 2001
ULTRA PANACHE 78450 2011
SEA EXPRESS 79252 2012
SWEET VENUS 79452 2011
SEA ORPHEUS 79520 2015
FLAG LAMA 80891 2017
TBN 81000 2020
TBN 81000 2020
TBN 81000 2020
RB ARIANA 81334 2017
XING HUAN HAI 81361 2017
ULTRA LYNX 81607 2018
ARTVIN 81660 2011
RIZE 81660 2012
TRABZON 81680 2011
MSXT HERA 81738 2018
ULTRA LEOPARD 81777 2016
LADY GIOVI 81791 2007
ZHENG ZHI 81804 2013
ULTRA PUMA 81855 2016
ULTRA COUGAR 81922 2015
ULTRA JAGUAR 81922 2016
ULTRA LION 81922 2015
SM AURORA 81970 2012
ORDU 82231 2012
W-SMASH 82742 2013
NAVIOS HARMONY 82790 2006
ATLAS STRENGTH 83001 2006
ULTRA PANTHER 83610 2008
ULTRA TIGER 83611 2009
IOLE R 83684 2008
LEDRA 83987 2013

New buildings

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

Panamax

NAME DWT YEAR
BRAVEHEART 74117 2001
ULTRA PANACHE 78450 2011
SEA EXPRESS 79252 2012
SWEET VENUS 79452 2011
SEA ORPHEUS 79520 2015
FLAG LAMA 80891 2017
RB ARIANA 81334 2017
XING HUAN HAI 81361 2017
ULTRA LYNX 81607 2018
ARTVIN 81660 2011
RIZE 81660 2012
TRABZON 81680 2011
MSXT HERA 81738 2018
ULTRA LEOPARD 81777 2016
LADY GIOVI 81791 2007
ZHENG ZHI 81804 2013
ULTRA PUMA 81855 2016
ULTRA COUGAR 81922 2015
ULTRA JAGUAR 81922 2016
ULTRA LION 81922 2015
SM AURORA 81970 2012
ORDU 82231 2012
W-SMASH 82742 2013
NAVIOS HARMONY 82790 2006
ATLAS STRENGTH 83001 2006
ULTRA PANTHER 83610 2008
ULTRA TIGER 83611 2009
IOLE R 83684 2008
LEDRA 83987 2013

Supramax

NAME DWT YEAR
PLATE QUEEN 55649 2007
OCEAN ACE 55697 2005
MARIANNA 55753 2010
EFFY N 55804 2009
ARIETTA 55818 2009
ALKYONI 55830 2012
GREENER 56620 2013
DYNAMIC STRIKER 56736 2010
KAVO PLATANOS 56750 2011
PURE VISION 56830 2011
DORO 57021 2010
IBIS BULKER 57775 2010
SPAR URSA 58018 2011
ULTRA LANIGAN 58032 2012
OCEAN ROYAL 58110 2012
ROYAL KNIGHT 58721 2013
PORT SHANGHAI 58747 2009
ANTE TOPIC 60155 2017
ULTRA CRIMSON 61084 2016
ULTRA INTEGRITY 61181 2016
ULTRA INFINITY 61188 2016
ULTRA EXCELLENCE 61214 2016
ULTRA TRUST 61225 2015
ULTRA DANIELA 61288 2015
ULTRA LETIZIA 61288 2015
ULTRA ANGEL 61298 2017
ULTRA DWARKA 61395 2012
ULTRA DYNAMIC 61412 2011
NEO BEACHWOOD 61418 2011
ULTRA REGINA 61424 2013
ULTRA CORY 61442 2014
ULTRA BELLAMBI 61470 2012
ULTRA COLONSAY 61470 2011
ULTRA SASKATOON 61470 2012
TAI SHINE 61473 2012
ULTRA SASKATCHEWAN 61484 2010
ULTRA PROSPERITY 61645 2010
ULTRA GUJARAT 61671 2012
ULTRA ROCANVILLE 61683 2012
ULTRA WOLLONGONG 61684 2011
ADVENTURE III 62534 2019
NORD BISCAY 62625 2019
ULTRA INITIATOR 62647 2019
ASIA RUBY II 62966 2014
ASIA RUBY IV 62995 2014
ZEYNO 63064 2014
HAKO 63104 2014
MADISON EAGLE 63258 2012
FLORENTIA 63339 2016
OCEAN INNOVATION 63440 2016
FIRST SKY 63452 2017
ULTRA QUALITY 63465 2019
ULTRA PASSION 63472 2017
SERENA R 63473 2016
KIRAN ADRIATIC 63477 2014
ULTRA DEDICATION 63490 2018
ULTRA DIVERSITY 63490 2017
NEWSEAS CRYSTAL 63548 2013
SANTA ALEXANDRA 63551 2018
ULTRA COURAGE 63645 2019
PEARL ISLAND 63878 2018
ULTRA PROGRESSION 64012 2018

Handysize

NAME DWT YEAR
MAR DE CORTES 12274 2001
CORCOVADO 12418 2004
CORDILLERA 12798 2004
NOMADIC MILDE 12914 2011
ULTRA GALAXY 13802 2008
SIDER CARTAGENA 14121 2006
CORRAL 16302 2004
ULTRA CAPE TOWN 16956 2013
COQUIMBO 17013 2007
HOANYA WISDOM 21118 2007
NEW AGE 21639 2007
BLUEWING 26747 2001
NORD YILAN 28191 2010
ANEMOS 28399 2006
ROJAREK NAREE 29870 2005
MALLIKA NAREE 30195 2008
SEASTAR TITAN 30438 2009
LADY MARGARET 31864 2013
KEN HOPE 31889 2010
TBC PROGRESS 31956 2012
POLLUX 32017 2007
ALMENDRO 32662 2003
IONIC HAWK 34023 2012
SAN FELICE 34050 2010
ARIETTA 34111 2012
STORM RIDER 34153 2011
FIORA TOPIC 34356 2015
ES URANUS 34358 2014
AMANDA C 34446 2012
DORIS 34505 2011
LAST TYCOON 34569 2012
DARYA KRISHNA 34874 2016
BLU TIDE 35914 2011
SERENITY 36599 2011
CIELO DI CAPALBIO 36638 2012
DARYA GANGA 36845 2012
BUNUN GLORY 37046 2015
BASIC PIONEER 37196 2011
JULIETTA D 37202 2013
ULTRA LASCAR 37429 2015
ULTRA TOLHUACA 37429 2015
WELLPARK 37429 2014
ULTRA OSORNO 37883 2018
ULTRA FITZ ROY 37918 2016
ULTRA TATIO 37927 2016
ULTRA CALBUCO 37981 2017
NICOLINE BULKER 38191 2012
ULTRA ESTERHAZY 38228 2012
ULTRA VANSCOY 38228 2013
GEORGIA HARMONY 38422 2019
NORDTAJO 38541 2017
RICARDA 38566 2015
GREAT PROFIT 38648 2018
DE SHENG HAI 38821 2017
ARMIA KRAJOWA 39071 2016
TCZEW 39071 2017
CIELO DI VALPARAISO 39202 2015
CIELO DI VIRGIN GORDA 39202 2015
LAN BAO HAI 39781 2015