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
BF CALOOSA 11142 2007
MAR DE CORTES 12274 2001
CORDILLERA 12798 2004
CORCOVADO 12840 2004
NOMADIC MILDE 12914 2011
ULTRA GALAXY 13802 2008
SIDER CARTAGENA 14121 2006
CORRAL 16302 2004
ULTRA CAPE TOWN 16956 2013
COQUIMBO 17013 2007
AMURBORG 17323 2011
AZORESBORG 17323 2010
NEW AGE 21639 2007
KOTA BAYU 24976 2012
CALLISTO 25953 2010
BLUEWING 26747 2001
NORD YILAN 28191 2010
LADY DAMLA 28740 2008
ALAM SURIA 29077 2012
ANTHIA 29940 2002
LADY SALIHA 30364 2011
GREAT REWARD 31744 2011
TWINLUCK SW 31877 2012
TBC PRESTIGE 31956 2014
TBC PRINCESS 31956 2013
TBC PROGRESS 31956 2012
MARATHA PRUDENCE 32070 2012
CRANE ISLAND 32154 2009
AC SPLENDOR 32739 2005
BERLIN TRADER 33271 2010
MADRID TRADER 33271 2011
ROME TRADER 33271 2010
UBC SALAVERRY 33305 2010
IVS SPARROWHAWK 33421 2014
IONIC HAWK 34023 2012
SAN FELICE 34050 2010
DORIS 34505 2011
JETSTREAM 34562 2012
BLU TIDE 35914 2011
GOLDENEYE 35949 2014
SSI RELIANCE 36062 2015
SEASTAR ENDEAVOUR 36804 2011
UNI HORIZON 36861 2018
MAESTRO PEARL 36920 2015
HTK DISCOVERY 37322 2007
ULTRA LASCAR 37429 2015
ULTRA TOLHUACA 37429 2015
ULTRA VILLARRICA 37429 2014
JERVIS BAY 37628 2013
UBC TILBURY 37821 2010
VIL ATLANTIC 37851 2010
ULTRA OSORNO 37883 2018
ULTRA FITZ ROY 37918 2016
ULTRA TATIO 37927 2016
ULTRA CALBUCO 37981 2017
ULTRA ESTERHAZY 38228 2012
ULTRA VANSCOY 38228 2013
NORDTAJO 38541 2017
EMMA OLDENDORFF 38617 2014
NORDMOSEL 38620 2017
INTERLINK MOBILITY 38863 2015
SSI PRIDE 48635 2002
SEA PROSPERITY 48893 2000
JALMA TOPIC 51966 2006
NEWSEAS JADE 52409 2005
ELLA 52454 2003
SWAN 53487 2006
PANOCEANIS 53562 2004
SPAR LIBRA 53565 2006
SEABOSS 55426 2004
PLATE QUEEN 55649 2007
GLOVIS MELODY 55705 2012
ANGELINA THE GREAT N 55768 2012
FLAG GANGOS 56525 2013
TN DAWN 56678 2008
KAVO PLATANOS 56750 2011
TRIDENT STAR 57836 2015
ST PINOT 58000 2010
NICHOLAS 58018 2010
SPAR MIRA 58018 2010
ULTRA LANIGAN 58032 2012
STOVE CALEDONIA 58092 2010
SEA MELODY 58117 2010
AMILLA 58443 2011
WP BRAVE 58627 2012
LEON OETKER 58790 2008
NAVIOS VEGA 58792 2009
RED SAKURA 60245 2017
ULTRA CRIMSON 61084 2016
ULTRA INTEGRITY 61181 2016
ULTRA INFINITY 61188 2016
ULTRA AGILITY 61213 2016
ULTRA EXCELLENCE 61214 2016
ULTRA TRUST 61225 2015
ULTRA DANIELA 61288 2015
ULTRA LETIZIA 61288 2015
WOLVERINE 61292 2015
ULTRA ANGEL 61298 2017
BULK ATACAMA 61384 2014
ULTRA DWARKA 61395 2012
LOWLANDS BEACON 61400 2011
ULTRA DYNAMIC 61412 2011
ULTRA REGINA 61424 2013
ULTRA CORY 61442 2014
ULTRA BELLAMBI 61470 2012
ULTRA COLONSAY 61470 2011
ULTRA SASKATOON 61470 2012
ULTRA SASKATCHEWAN 61484 2010
PORT ORIENT 61485 2017
GRAND CONCORD 61492 2012
ULTRA PROSPERITY 61645 2010
ULTRA GUJARAT 61671 2012
ULTRA ROCANVILLE 61683 2012
ULTRA WOLLONGONG 61684 2011
TBN 62000 2019
TBN 62000 2020
ADVENTURE III 62534 2019
OCEAN PHOENIX TREE 62623 2017
ULTRA INITIATOR 62647 2019
TBN 63000 2019
TBN 63000 2019
ALORA 63008 2017
ZEYNO 63064 2014
HAKO 63104 2014
CAPE CROSS 63155 2014
KENNADI 63262 2016
FENG LI HAI 63424 2017
CLIPPER INNOVATION 63440 2016
FIRST SKY 63452 2017
TD TOKYO 63456 2017
ULTRA PASSION 63472 2017
ULTRA DEDICATION 63490 2018
ULTRA DIVERSITY 63490 2017
ULTRA COURAGE 63500 2019
NAUTICAL RUNA 63530 2015
SBI VIRGO 63629 2016
PORTO LEONE 63800 2014
SPAR ARIES 63800 2015
MONA MANX 63878 2017
ULTRA PROGRESSION 64012 2018
NAVIOS SYMMETRY 74477 2006
HECTOR PMAX 75084 2008
KAVO PALOMA 75698 2007
SELINA 75700 2010
LUCKY LOONG 76496 2005
OCEAN TRADER I 76596 2006
KING MILO 77198 2012
ULTRA PANACHE 78450 2011
JAG ADITI 80325 2011
TBN 81000 2020
TBN 81000 2020
TBN 81000 2020
SBI BOLERO 81210 2015
ULTRA LYNX 81607 2018
ULTRA LEOPARD 81777 2016
LADY GIOVI 81791 2007
ZHENG JUN 81809 2013
ULTRA PUMA 81855 2016
IONIC KIBOU 81889 2015
ULTRA COUGAR 81922 2015
ULTRA JAGUAR 81922 2016
ULTRA LION 81922 2015
JAG AJAY 82082 2016
SHANDONG PENG CHENG 82154 2010
ORDU 82231 2012
MBA LIBERTY 82256 2006
NAVIOS HARMONY 82790 2006
ATLAS STRENGTH 83001 2006
ULTRA PANTHER 83610 2008
ULTRA TIGER 83611 2009

New buildings

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

Panamax

NAME DWT YEAR
NAVIOS SYMMETRY 74477 2006
HECTOR PMAX 75084 2008
KAVO PALOMA 75698 2007
SELINA 75700 2010
LUCKY LOONG 76496 2005
OCEAN TRADER I 76596 2006
KING MILO 77198 2012
ULTRA PANACHE 78450 2011
JAG ADITI 80325 2011
SBI BOLERO 81210 2015
ULTRA LYNX 81607 2018
ULTRA LEOPARD 81777 2016
LADY GIOVI 81791 2007
ZHENG JUN 81809 2013
ULTRA PUMA 81855 2016
IONIC KIBOU 81889 2015
ULTRA COUGAR 81922 2015
ULTRA JAGUAR 81922 2016
ULTRA LION 81922 2015
JAG AJAY 82082 2016
SHANDONG PENG CHENG 82154 2010
ORDU 82231 2012
MBA LIBERTY 82256 2006
NAVIOS HARMONY 82790 2006
ATLAS STRENGTH 83001 2006
ULTRA PANTHER 83610 2008
ULTRA TIGER 83611 2009

Supramax

NAME DWT YEAR
SSI PRIDE 48635 2002
SEA PROSPERITY 48893 2000
JALMA TOPIC 51966 2006
NEWSEAS JADE 52409 2005
ELLA 52454 2003
SWAN 53487 2006
PANOCEANIS 53562 2004
SPAR LIBRA 53565 2006
SEABOSS 55426 2004
PLATE QUEEN 55649 2007
GLOVIS MELODY 55705 2012
ANGELINA THE GREAT N 55768 2012
FLAG GANGOS 56525 2013
TN DAWN 56678 2008
KAVO PLATANOS 56750 2011
TRIDENT STAR 57836 2015
ST PINOT 58000 2010
NICHOLAS 58018 2010
SPAR MIRA 58018 2010
ULTRA LANIGAN 58032 2012
STOVE CALEDONIA 58092 2010
SEA MELODY 58117 2010
AMILLA 58443 2011
WP BRAVE 58627 2012
LEON OETKER 58790 2008
NAVIOS VEGA 58792 2009
RED SAKURA 60245 2017
ULTRA CRIMSON 61084 2016
ULTRA INTEGRITY 61181 2016
ULTRA INFINITY 61188 2016
ULTRA AGILITY 61213 2016
ULTRA EXCELLENCE 61214 2016
ULTRA TRUST 61225 2015
ULTRA DANIELA 61288 2015
ULTRA LETIZIA 61288 2015
WOLVERINE 61292 2015
ULTRA ANGEL 61298 2017
BULK ATACAMA 61384 2014
ULTRA DWARKA 61395 2012
LOWLANDS BEACON 61400 2011
ULTRA DYNAMIC 61412 2011
ULTRA REGINA 61424 2013
ULTRA CORY 61442 2014
ULTRA BELLAMBI 61470 2012
ULTRA COLONSAY 61470 2011
ULTRA SASKATOON 61470 2012
ULTRA SASKATCHEWAN 61484 2010
PORT ORIENT 61485 2017
GRAND CONCORD 61492 2012
ULTRA PROSPERITY 61645 2010
ULTRA GUJARAT 61671 2012
ULTRA ROCANVILLE 61683 2012
ULTRA WOLLONGONG 61684 2011
ADVENTURE III 62534 2019
OCEAN PHOENIX TREE 62623 2017
ULTRA INITIATOR 62647 2019
ALORA 63008 2017
ZEYNO 63064 2014
HAKO 63104 2014
CAPE CROSS 63155 2014
KENNADI 63262 2016
FENG LI HAI 63424 2017
CLIPPER INNOVATION 63440 2016
FIRST SKY 63452 2017
TD TOKYO 63456 2017
ULTRA PASSION 63472 2017
ULTRA DEDICATION 63490 2018
ULTRA DIVERSITY 63490 2017
ULTRA COURAGE 63500 2019
NAUTICAL RUNA 63530 2015
SBI VIRGO 63629 2016
PORTO LEONE 63800 2014
SPAR ARIES 63800 2015
MONA MANX 63878 2017
ULTRA PROGRESSION 64012 2018

Handysize

NAME DWT YEAR
BF CALOOSA 11142 2007
MAR DE CORTES 12274 2001
CORDILLERA 12798 2004
CORCOVADO 12840 2004
NOMADIC MILDE 12914 2011
ULTRA GALAXY 13802 2008
SIDER CARTAGENA 14121 2006
CORRAL 16302 2004
ULTRA CAPE TOWN 16956 2013
COQUIMBO 17013 2007
AMURBORG 17323 2011
AZORESBORG 17323 2010
NEW AGE 21639 2007
KOTA BAYU 24976 2012
CALLISTO 25953 2010
BLUEWING 26747 2001
NORD YILAN 28191 2010
LADY DAMLA 28740 2008
ALAM SURIA 29077 2012
ANTHIA 29940 2002
LADY SALIHA 30364 2011
GREAT REWARD 31744 2011
TWINLUCK SW 31877 2012
TBC PRESTIGE 31956 2014
TBC PRINCESS 31956 2013
TBC PROGRESS 31956 2012
MARATHA PRUDENCE 32070 2012
CRANE ISLAND 32154 2009
AC SPLENDOR 32739 2005
BERLIN TRADER 33271 2010
MADRID TRADER 33271 2011
ROME TRADER 33271 2010
UBC SALAVERRY 33305 2010
IVS SPARROWHAWK 33421 2014
IONIC HAWK 34023 2012
SAN FELICE 34050 2010
DORIS 34505 2011
JETSTREAM 34562 2012
BLU TIDE 35914 2011
GOLDENEYE 35949 2014
SSI RELIANCE 36062 2015
SEASTAR ENDEAVOUR 36804 2011
UNI HORIZON 36861 2018
MAESTRO PEARL 36920 2015
HTK DISCOVERY 37322 2007
ULTRA LASCAR 37429 2015
ULTRA TOLHUACA 37429 2015
ULTRA VILLARRICA 37429 2014
JERVIS BAY 37628 2013
UBC TILBURY 37821 2010
VIL ATLANTIC 37851 2010
ULTRA OSORNO 37883 2018
ULTRA FITZ ROY 37918 2016
ULTRA TATIO 37927 2016
ULTRA CALBUCO 37981 2017
ULTRA ESTERHAZY 38228 2012
ULTRA VANSCOY 38228 2013
NORDTAJO 38541 2017
EMMA OLDENDORFF 38617 2014
NORDMOSEL 38620 2017
INTERLINK MOBILITY 38863 2015