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Tagged in Ultramax

Carras Aquataurus Becomes World’s First Vessel to Earn ABS Biofuel-1 Notation

Carras (Hellas) S.A. is taking the next step in its sustainability journey by receiving the ABS Biofuel-1 notation for its Aquataurus Ultramax bulk carrier, the first vessel in the world to qualify. The notation is assigned to vessels that use a …
Apr 23, 2024 / Curious

Belships Announces Fleet Expansion

Belships has expanded its newbuilding program with two new 64 000 dwt Ultramax bulk carriers which will be delivered in 2028. The vessels are leased on similar terms as previously announced transactions, and Belships is not required to make any down …
Apr 22, 2024 / Curious

Globus Maritime Limited Announces the Delivery of a 2024-Built Ultramax Dry Bulk Vessel Glbs Hero, Expanding Fleet to Seven Vessels

Globus Maritime Limited (Globus) (NASDAQ: GLBS), a dry bulk shipping company, announced today that it has taken delivery of the M/V “Glbs Hero,” a 2024 new built Ultramax dry bulk carrier it acquired for a purchase price of about $37.5 million, of …
Jan 26, 2024 / Vessels

China Shipbuilding Industry’s First Methanol-Fueled Ultramax Bulk Carrier Receives ABS Approval

Lemissoler Navigation Ltd. and Shanghai Merchant Ship Design and Research Institute (SDARI) received ABS approval in principle (AIP) for its design of a 65K DWT methanol-fueled Ultramax bulk carrier, the first such methanol vessel for China’s …
Jan 10, 2024 / Curious

ABS and AL Group to Study Ultramax Bulker Methanol Fuel Conversion

ABS and Asiatic Lloyd Maritime LLP, member of the AL Group, have signed a joint development project (JDP) to study the feasibility of converting the fuel system of an Ultramax bulk carrier, from conventional diesel to methanol. The study is focused …
Sep 27, 2023 / Curious

Pyxis Tankers Announces Closing of Ultramax JV Investment & Company Update

Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), an international shipping company, today reported that on September 14, 2023, the Company closed on its previously announced newly formed drybulk joint venture with an entity related to our Chairman and …
Sep 18, 2023 / Vessels

TECO 2030 and Pherousa Green Shipping sign supply agreement to realize ammonia powered zero-emission deep-sea shipping

TECO 2030 (OSE: TECO, OTCQX: TECFF, ISIN: NO0010887516) and Pherousa Green Shipping AS (PGS) sign green package supply agreement for up to six modern, zero-emission Ultramax dry bulk carriers of about 63.000 deadweight tons each. Each vessel will be …
Sep 14, 2023 / Curious

OSM Thome and Pherousa Green Shipping Collaborate on Major Ultramax Project

Norwegian companies OSM Thome and Pherousa Green Shipping AS (referred to as "PGS") have entered into a Letter of Intent outlining their collaboration on a series of 63000 dead weight (dwt) Ultramax vessels to be ordered by PGS. The collaboration …
Aug 22, 2023 / Curious

Norvic Shipping adds eco-friendly ultramax to expanding fleet

Norvic Shipping, the global dry bulk owner and operator, has taken delivery of an energy efficient ultramax vessel on a long-term charter as the organization continues to expand its fleet to meet increased demand from clients for greener ships. The …
Aug 16, 2023 / Curious

Belships Signs Contract for Acquisition of a New Ultramax Bulk Carrier

Belships has recently made an agreement to acquire a new 64,000 Ultramax bulk carrier which is currently being constructed at a shipyard in Japan. The delivery of the vessel is expected to take place between Q4 2025 and Q1 2026, and it will be …
Apr 13, 2023 / Vessels