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
MAR DE CORTES 12274 2001
CORDILLERA 12798 2004
CORCOVADO 12840 2004
NOMADIC MILDE 12914 2011
ULTRA GALAXY 13802 2008
MURORAN 14048 2010
CORRAL 16302 2004
ULTRA CAPE TOWN 16956 2013
COQUIMBO I 17013 2007
SYMPHONY 23483 1995
NORD YILAN 28191 2010
POAVOSA WISDOM III 28232 2011
SHAKESPEARE BAY 31875 2011
LOUISE BULKER 31881 2010
TBC PRINCESS 31956 2013
TBC PROGRESS 31956 2012
SEDNA OCEAN 31997 2011
AC SPLENDOR 32739 2005
AC AMITY 32752 2013
SE MARINA 33173 2017
CORKSCREW 33193 2010
BERLIN TRADER 33271 2010
MADRID TRADER 33271 2011
OSLO TRADER 33271 2011
ROME TRADER 33271 2010
CENTURIUS 33367 2015
LAVIEEN ROSE 33398 2014
ATLANTIC RUBY 33680 2012
PETRA 33688 2011
IONIC HAWK 34023 2012
SAN FELICE 34050 2010
ALLEGRA 34146 2011
CORESKY OL 34302 2015
FEDERAL DELTA 34492 2018
JETSTREAM 34562 2012
ODELMAR 35008 2017
OCEAN GLORY 35552 2003
SEASTAR ENDEAVOUR 36804 2011
DARYA GANGA 36845 2012
CIELO DI PALERMO 37000 2013
CIELO DI IYO 37204 2017
ALCYONE 37388 2017
ULTRA LASCAR 37429 2015
ULTRA TOLHUACA 37429 2015
ULTRA VILLARRICA 37429 2014
UNISON MEDAL 37431 2015
CALM BAY 37534 2006
CLIPPER BREEZE 37721 2016
GOLD OAK 37732 2017
ULTRA OSORNO 37883 2018
V DUE 37888 2015
PUCK 37893 2012
ULTRA FITZ ROY 37918 2016
ULTRA TATIO 37927 2016
ULTRA CALBUCO 37981 2017
OCEAN JOY 38114 2013
ULTRA ESTERHAZY 38228 2012
ULTRA VANSCOY 38228 2013
FALCON BAY 38464 2015
INTERLINK ACTIVITY 38500 2016
ROSSANA 38586 2016
TRAMMO LAOURA 38602 2017
INTERLINK CAPACITY 38834 2016
INTERLINK AFFINITY 39045 2016
AVRA 53806 2004
ER BRISTOL 55517 2011
OSIOS DAVID 55831 2012
SOPHIA N 56829 2009
MAPLE OPAL 56842 2010
SUPER TRADER 56867 2011
DENSA PANTHER 57631 2012
TRIDENT STAR 57836 2015
ULTRA LANIGAN 58032 2012
SEA MELODY 58117 2010
LEON OETKER 58790 2008
PAOLO TOPIC 60155 2016
GENCO COLUMBIA 60294 2016
SBI POSEIDON 60414 2016
TBN 61000 2020
ULTRA CRIMSON 61084 2016
ULTRA INTEGRITY 61181 2016
ULTRA INNOVATION 61188 2016
ULTRA AGILITY 61213 2016
ULTRA EXCELLENCE 61214 2016
ULTRA TRUST 61225 2015
SBI TANGO 61258 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
XING HE HAI 61452 2016
ULTRA BELLAMBI 61470 2012
ULTRA COLONSAY 61470 2011
ULTRA SASKATOON 61470 2012
ULTRA SASKATCHEWAN 61484 2010
ATHENA 61501 2011
SOPHIANA 61620 2016
ULTRA PROSPERITY 61645 2010
ULTRA GUJARAT 61671 2012
ULTRA ROCANVILLE 61683 2012
ULTRA WOLLONGONG 61684 2011
TBN 62000 2019
ASIAN SUMMIT 62466 2017
ADVENTURE I 62472 2017
ADVENTURE II 62472 2018
ADVENTURE III 62534 2019
SARITA NAREE 62964 2015
TBN 63000 2019
TBN 63000 2020
MAGIC SEAS 63008 2016
ZEYNO 63064 2014
HAKO 63104 2014
SPAR PAVO 63250 2015
CARO PADRE 63301 2012
SOUTHPORT EAGLE 63301 2013
GUO QIANG 8 63388 2018
LAURA 63399 2015
FENG LI HAI 63424 2017
FIRST SKY 63452 2017
TD TOKYO 63456 2017
ULTRA PASSION 63472 2017
ULTRA DEDICATION 63490 2018
ULTRA DIVERSITY 63490 2017
TOMINI DESTINY 63590 2017
TOMINI SYMPHONY 63590 2016
ULTRA PROGRESSION 64012 2018
KAVO PALOMA 75698 2007
GOOD HOPE MAX 76739 2005
TAI PROGRESS 77834 2004
ULTRA PANACHE 78450 2011
VEENUS 79141 2011
AGIOS MAKARIOS 80928 2017
TBN 81000 2020
TBN 81000 2020
TBN 81000 2020
GRAECIA AETERNA 81022 2014
JAGUAR MAX 81309 2012
PUMA MAX 81339 2012
CL GRACE 81563 2012
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
SHINING BLISS 81996 2014
QUEENA 82082 2016
SHANDONG PENG CHENG 82154 2010
KEY ACTION 82168 2010
ORDU 82231 2012
KAVO YERAKI 82926 2006
ATLAS STRENGTH 83001 2006
ULTRA PANTHER 83610 2008
ULTRA TIGER 83611 2009
SARONIC CHAMPION 93115 2011
ANGLO SAXON 114167 2010

New buildings

NAME DWT YEAR
TBN 61000 2020
TBN 62000 2019
TBN 63000 2019
TBN 63000 2020
TBN 81000 2020
TBN 81000 2020
TBN 81000 2020

Panamax

NAME DWT YEAR
KAVO PALOMA 75698 2007
GOOD HOPE MAX 76739 2005
TAI PROGRESS 77834 2004
ULTRA PANACHE 78450 2011
VEENUS 79141 2011
AGIOS MAKARIOS 80928 2017
GRAECIA AETERNA 81022 2014
JAGUAR MAX 81309 2012
PUMA MAX 81339 2012
CL GRACE 81563 2012
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
SHINING BLISS 81996 2014
QUEENA 82082 2016
SHANDONG PENG CHENG 82154 2010
KEY ACTION 82168 2010
ORDU 82231 2012
KAVO YERAKI 82926 2006
ATLAS STRENGTH 83001 2006
ULTRA PANTHER 83610 2008
ULTRA TIGER 83611 2009
SARONIC CHAMPION 93115 2011
ANGLO SAXON 114167 2010

Supramax

NAME DWT YEAR
AVRA 53806 2004
ER BRISTOL 55517 2011
OSIOS DAVID 55831 2012
SOPHIA N 56829 2009
MAPLE OPAL 56842 2010
SUPER TRADER 56867 2011
DENSA PANTHER 57631 2012
TRIDENT STAR 57836 2015
ULTRA LANIGAN 58032 2012
SEA MELODY 58117 2010
LEON OETKER 58790 2008
PAOLO TOPIC 60155 2016
GENCO COLUMBIA 60294 2016
SBI POSEIDON 60414 2016
ULTRA CRIMSON 61084 2016
ULTRA INTEGRITY 61181 2016
ULTRA INNOVATION 61188 2016
ULTRA AGILITY 61213 2016
ULTRA EXCELLENCE 61214 2016
ULTRA TRUST 61225 2015
SBI TANGO 61258 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
XING HE HAI 61452 2016
ULTRA BELLAMBI 61470 2012
ULTRA COLONSAY 61470 2011
ULTRA SASKATOON 61470 2012
ULTRA SASKATCHEWAN 61484 2010
ATHENA 61501 2011
SOPHIANA 61620 2016
ULTRA PROSPERITY 61645 2010
ULTRA GUJARAT 61671 2012
ULTRA ROCANVILLE 61683 2012
ULTRA WOLLONGONG 61684 2011
ASIAN SUMMIT 62466 2017
ADVENTURE I 62472 2017
ADVENTURE II 62472 2018
ADVENTURE III 62534 2019
SARITA NAREE 62964 2015
MAGIC SEAS 63008 2016
ZEYNO 63064 2014
HAKO 63104 2014
SPAR PAVO 63250 2015
CARO PADRE 63301 2012
SOUTHPORT EAGLE 63301 2013
GUO QIANG 8 63388 2018
LAURA 63399 2015
FENG LI HAI 63424 2017
FIRST SKY 63452 2017
TD TOKYO 63456 2017
ULTRA PASSION 63472 2017
ULTRA DEDICATION 63490 2018
ULTRA DIVERSITY 63490 2017
TOMINI DESTINY 63590 2017
TOMINI SYMPHONY 63590 2016
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
CORRAL 16302 2004
ULTRA CAPE TOWN 16956 2013
COQUIMBO I 17013 2007
SYMPHONY 23483 1995
NORD YILAN 28191 2010
POAVOSA WISDOM III 28232 2011
SHAKESPEARE BAY 31875 2011
LOUISE BULKER 31881 2010
TBC PRINCESS 31956 2013
TBC PROGRESS 31956 2012
SEDNA OCEAN 31997 2011
AC SPLENDOR 32739 2005
AC AMITY 32752 2013
SE MARINA 33173 2017
CORKSCREW 33193 2010
BERLIN TRADER 33271 2010
MADRID TRADER 33271 2011
OSLO TRADER 33271 2011
ROME TRADER 33271 2010
CENTURIUS 33367 2015
LAVIEEN ROSE 33398 2014
ATLANTIC RUBY 33680 2012
PETRA 33688 2011
IONIC HAWK 34023 2012
SAN FELICE 34050 2010
ALLEGRA 34146 2011
CORESKY OL 34302 2015
FEDERAL DELTA 34492 2018
JETSTREAM 34562 2012
ODELMAR 35008 2017
OCEAN GLORY 35552 2003
SEASTAR ENDEAVOUR 36804 2011
DARYA GANGA 36845 2012
CIELO DI PALERMO 37000 2013
CIELO DI IYO 37204 2017
ALCYONE 37388 2017
ULTRA LASCAR 37429 2015
ULTRA TOLHUACA 37429 2015
ULTRA VILLARRICA 37429 2014
UNISON MEDAL 37431 2015
CALM BAY 37534 2006
CLIPPER BREEZE 37721 2016
GOLD OAK 37732 2017
ULTRA OSORNO 37883 2018
V DUE 37888 2015
PUCK 37893 2012
ULTRA FITZ ROY 37918 2016
ULTRA TATIO 37927 2016
ULTRA CALBUCO 37981 2017
OCEAN JOY 38114 2013
ULTRA ESTERHAZY 38228 2012
ULTRA VANSCOY 38228 2013
FALCON BAY 38464 2015
INTERLINK ACTIVITY 38500 2016
ROSSANA 38586 2016
TRAMMO LAOURA 38602 2017
INTERLINK CAPACITY 38834 2016
INTERLINK AFFINITY 39045 2016