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
CORDILLERA 12798 2004
CORCOVADO 12840 2004
NOMADIC MILDE 12914 2011
ULTRA GALAXY 13802 2008
MURORAN 14048 2010
CENTURY MELODY 16233 2011
CORRAL 16302 2004
ULTRA CAPE TOWN 16956 2013
COQUIMBO I 17013 2007
PIRIN 21;211.00 2007
HC JANA-ROSA 22108 2009
SYMPHONY 23483 1995
EVOLUTION 24306 1995
NORD YILAN 28191 2010
GANT GRACE 28375 2010
LADY SERRA 30152 2011
VEGA MARS 31728 2011
WONDERFUL SW 31742 2014
BINNUR C 31829 2003
TBC PRESTIGE 31956 2014
TBC PRINCESS 31956 2013
TBC PROGRESS 31956 2012
SEDNA OCEAN 31997 2011
POLLUX 32017 2007
REUNION BAY 32354 2006
TIWAI POINT 32689 2009
AC SPLENDOR 32739 2005
BERLIN TRADER 33271 2010
MADRID TRADER 33271 2011
OSLO TRADER 33271 2011
ROME TRADER 33271 2010
BASIC OCEAN 33649 2012
SAPPHIRE ISLAND 33664 2012
CETUS STAR 33773 2004
IONIC HAWK 34023 2012
SAN FELICE 34050 2010
CAPETAN COSTIS 34125 2011
FIORA TOPIC 34356 2015
JETSTREAM 34562 2012
IOANNA D 34815 2012
LIVADI 35058 2011
FEDERAL MAYUMI 35885 2012
DARYA GANGA 36845 2012
INTERLINK PARITY 37148 2012
SUNSET 37384 2009
ULTRA LASCAR 37429 2015
ULTRA TOLHUACA 37429 2015
ULTRA VILLARRICA 37429 2014
KEN MOONYS 37488 2016
GOLDEN GRAINS 37596 2018
GOLD OAK 37732 2017
ULTRA OSORNO 37883 2018
PUCK 37893 2012
ULTRA FITZ ROY 37918 2016
ULTRA TATIO 37927 2016
ULTRA CALBUCO 37981 2017
ULTRA ESTERHAZY 38228 2012
ULTRA VANSCOY 38228 2013
INTERLINK DIGNITY 38500 2015
NORDTAJO 38541 2017
TRAMMO INDEPENDENT 38677 2016
KOCIEWIE 38980 2009
LEGIONY POLSKIE 39071 2016
CIELO DI VIRGIN GORDA 39202 2015
ANSHUN 39231 2019
ST ANDREW 50792 1998
STAR BRIGHT 55569 2010
LOUISE B 55585 2011
MANNA 55697 2005
IBIS BULKER 57775 2010
TRIDENT STAR 57836 2015
ARCADIA 58018 2012
MELINDA 58018 2012
ULTRA LANIGAN 58032 2012
SEA MELODY 58117 2010
CYGNUS OCEAN 58609 2013
VICTORIA MAY 58634 2016
STAR GLORY 58680 2012
LEON OETKER 58790 2008
SBI POSEIDON 60432 2016
TAI SPLENDOR 60618 2015
ULTRA CRIMSON 61084 2016
ULTRA INTEGRITY 61181 2016
ULTRA INNOVATION 61188 2016
ULTRA AGILITY 61213 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
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 2016
VIRGO COLOSSUS 61616 2012
ULTRA PROSPERITY 61645 2010
ULTRA GUJARAT 61671 2012
ULTRA ROCANVILLE 61683 2012
ULTRA WOLLONGONG 61684 2011
ULTRA INITIATOR 61900 2019
ADVENTURE III 62534 2019
SARITA NAREE 62964 2015
MAGIC SEAS 63008 2016
ZEYNO 63064 2014
HAKO 63104 2014
SINICA GRAECA 63270 2015
EL MATADOR 63379 2016
CLIPPER INNOVATION 63440 2016
FIRST SKY 63452 2017
TD TOKYO 63456 2017
ULTRA PASSION 63472 2017
ULTRA DEDICATION 63490 2018
ULTRA DIVERSITY 63490 2017
OCEAN BANQUET 63562 2017
SBI PISCES 63650 2016
SCARLETT MANX 63878 2017
ULTRA PROGRESSION 64012 2018
SHAO SHAN 6 75416 2012
KAVO PALOMA 75698 2007
ULTRA PANACHE 78450 2011
ANASTASIA K 79100 2011
THALASSIC 81426 2009
ULTRA LYNX 81607 2018
ULTRA LEOPARD 81777 2016
LADY GIOVI 81791 2007
CMB PARTNER 81805 2016
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
NAVIOS HARMONY 82790 2006
ATLAS STRENGTH 83001 2006
ULTRA PANTHER 83610 2008
ULTRA TIGER 83611 2009
PANAFRICAN 83690 2008
CLAIRE Z 93236 2009
ANGLO SAXON 114167 2010

New buildings

Panamax

NAME DWT YEAR
SHAO SHAN 6 75416 2012
KAVO PALOMA 75698 2007
ULTRA PANACHE 78450 2011
ANASTASIA K 79100 2011
THALASSIC 81426 2009
ULTRA LYNX 81607 2018
ULTRA LEOPARD 81777 2016
LADY GIOVI 81791 2007
CMB PARTNER 81805 2016
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
NAVIOS HARMONY 82790 2006
ATLAS STRENGTH 83001 2006
ULTRA PANTHER 83610 2008
ULTRA TIGER 83611 2009
PANAFRICAN 83690 2008
CLAIRE Z 93236 2009
ANGLO SAXON 114167 2010

Supramax

NAME DWT YEAR
ST ANDREW 50792 1998
STAR BRIGHT 55569 2010
LOUISE B 55585 2011
MANNA 55697 2005
IBIS BULKER 57775 2010
TRIDENT STAR 57836 2015
ARCADIA 58018 2012
MELINDA 58018 2012
ULTRA LANIGAN 58032 2012
SEA MELODY 58117 2010
CYGNUS OCEAN 58609 2013
VICTORIA MAY 58634 2016
STAR GLORY 58680 2012
LEON OETKER 58790 2008
SBI POSEIDON 60432 2016
TAI SPLENDOR 60618 2015
ULTRA CRIMSON 61084 2016
ULTRA INTEGRITY 61181 2016
ULTRA INNOVATION 61188 2016
ULTRA AGILITY 61213 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
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 2016
VIRGO COLOSSUS 61616 2012
ULTRA PROSPERITY 61645 2010
ULTRA GUJARAT 61671 2012
ULTRA ROCANVILLE 61683 2012
ULTRA WOLLONGONG 61684 2011
ULTRA INITIATOR 61900 2019
ADVENTURE III 62534 2019
SARITA NAREE 62964 2015
MAGIC SEAS 63008 2016
ZEYNO 63064 2014
HAKO 63104 2014
SINICA GRAECA 63270 2015
EL MATADOR 63379 2016
CLIPPER INNOVATION 63440 2016
FIRST SKY 63452 2017
TD TOKYO 63456 2017
ULTRA PASSION 63472 2017
ULTRA DEDICATION 63490 2018
ULTRA DIVERSITY 63490 2017
OCEAN BANQUET 63562 2017
SBI PISCES 63650 2016
SCARLETT MANX 63878 2017
ULTRA PROGRESSION 64012 2018

Handysize

NAME DWT YEAR
MAR DE CORTES 12274 2001
CORDILLERA 12798 2004
CORCOVADO 12840 2004
NOMADIC MILDE 12914 2011
ULTRA GALAXY 13802 2008
MURORAN 14048 2010
CENTURY MELODY 16233 2011
CORRAL 16302 2004
ULTRA CAPE TOWN 16956 2013
COQUIMBO I 17013 2007
PIRIN 21;211.00 2007
HC JANA-ROSA 22108 2009
SYMPHONY 23483 1995
EVOLUTION 24306 1995
NORD YILAN 28191 2010
GANT GRACE 28375 2010
LADY SERRA 30152 2011
VEGA MARS 31728 2011
WONDERFUL SW 31742 2014
BINNUR C 31829 2003
TBC PRESTIGE 31956 2014
TBC PRINCESS 31956 2013
TBC PROGRESS 31956 2012
SEDNA OCEAN 31997 2011
POLLUX 32017 2007
REUNION BAY 32354 2006
TIWAI POINT 32689 2009
AC SPLENDOR 32739 2005
BERLIN TRADER 33271 2010
MADRID TRADER 33271 2011
OSLO TRADER 33271 2011
ROME TRADER 33271 2010
BASIC OCEAN 33649 2012
SAPPHIRE ISLAND 33664 2012
CETUS STAR 33773 2004
IONIC HAWK 34023 2012
SAN FELICE 34050 2010
CAPETAN COSTIS 34125 2011
FIORA TOPIC 34356 2015
JETSTREAM 34562 2012
IOANNA D 34815 2012
LIVADI 35058 2011
FEDERAL MAYUMI 35885 2012
DARYA GANGA 36845 2012
INTERLINK PARITY 37148 2012
SUNSET 37384 2009
ULTRA LASCAR 37429 2015
ULTRA TOLHUACA 37429 2015
ULTRA VILLARRICA 37429 2014
KEN MOONYS 37488 2016
GOLDEN GRAINS 37596 2018
GOLD OAK 37732 2017
ULTRA OSORNO 37883 2018
PUCK 37893 2012
ULTRA FITZ ROY 37918 2016
ULTRA TATIO 37927 2016
ULTRA CALBUCO 37981 2017
ULTRA ESTERHAZY 38228 2012
ULTRA VANSCOY 38228 2013
INTERLINK DIGNITY 38500 2015
NORDTAJO 38541 2017
TRAMMO INDEPENDENT 38677 2016
KOCIEWIE 38980 2009
LEGIONY POLSKIE 39071 2016
CIELO DI VIRGIN GORDA 39202 2015
ANSHUN 39231 2019