HHI receives approval in principle from LR for LNG-fuelled 250,000 dwt VLOC

HHI receives approval in principle from LR for LNG-fuelled 250,000 dwt VLOC

Hyundai Heavy Industries (HHI) has received approval in principle (AiP) from Lloyd's Register (LR) for an LNG-fuelled 250,000 dwt class very large ore carrier (VLOC). Following the announcement of the IMO’s SOx …
Mar 27, 2018 /  Curious
“Green” vessel built on a Vale initiative loads for the first time at the Tubarão port

“Green” vessel built on a Vale initiative loads for the first time at the Tubarão port

The ship, the first out of 32, will emit between 15% and 20% less carbon dioxide than the existing Valemaxes The first second-generation Very Large Ore Carrier (VLOC) loaded for the first time this week at the …
Feb 28, 2018 /  Vessels
U-Ming of Taiwan signs its largest ever Contract of Affreightment deal; Orders two Very Large Ore Carriers from China yard

U-Ming of Taiwan signs its largest ever Contract of Affreightment deal; Orders two Very Large Ore Carriers from China yard

U-Ming Marine Transport (Singapore) Private Limited, a subsidiary of U-Ming Marine Transport Corporation (2606), has signed a 25-year Contract of Affreightment (COA) with Vale International SA of Switzerland. The COA is …
Jan 31, 2018 /  Curious
Vale concludes the sale of vessels to Bocomm

Vale concludes the sale of vessels to Bocomm

The amount of US$ 178 million was received by Vale on December 7, 2017 ​Vale and nominees of Bank of Communications Finance Leasing Co., Ltd. (Bocomm) concluded Thursday (Dec 7) the sale and purchase of two very large …
Dec 11, 2017 /  Vessels
Korea Line inks 185 bln won deal for 2 new ships

Korea Line inks 185 bln won deal for 2 new ships

Korea Line Corp., a mid-sized shipping firm here, said Thursday that it has clinched a 185 billion won (US$164 million) deal for two new vessels. Caption: Bulk carrier SM Dragon - Image courtesy of Korea …
Oct 27, 2017 /  Vessels
Hyundai Heavy Industries Signed $400 Million Order to Build 5 VLOCs with Polaris Shipping

Hyundai Heavy Industries Signed $400 Million Order to Build 5 VLOCs with Polaris Shipping

Hyundai Heavy Industries (HHI) announced today that it signed a $400 Million worth contract to build five 325,000 dwt VLOCs (Very Large Ore Carrier) with Polaris Shipping. It is the option exercised following the …
Oct 23, 2017 /  Vessels
Hyundai Heavy Industries signed $800 million order to build 10 VLOCs with Polaris Shipping

Hyundai Heavy Industries signed $800 million order to build 10 VLOCs with Polaris Shipping

Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced today that it signed a $800 Million worth contract to build ten 325,000 dwt VLOCs (Very Large Ore Carrier) with Polaris Shipping, the …
Sep 27, 2017 /  Vessels
Vale concludes the sale of two very large ore carriers to Bocomm

Vale concludes the sale of two very large ore carriers to Bocomm

​Vale and nominees of Bank of Communications Finance Leasing Co., Ltd. (Bocomm) concluded the sale and purchase of two very large ore carriers (VLOCs) of 400,000 tons owned and currently operated by Vale. Image …
Aug 10, 2017 /  Vessels
ABS initiative improves bulker loading safety

ABS initiative improves bulker loading safety

New tool delivers a comprehensive approach to atypical loads for bulk carriers ABS, a leading provider of classification and technical services to the marine and offshore industries, has introduced a new service and …
May 31, 2017 /  Curious
K-Line Takes Delivery of 250,000-dwt Ore Carrier CAPE HAYATOMO From Namura Shipbuilding

K-Line Takes Delivery of 250,000-dwt Ore Carrier CAPE HAYATOMO From Namura Shipbuilding

Kawasaki Kisen Kaisha (K Line) announced earlier today that the construction of CAPE HAYATOMO, a 250,000-dwt class ore carrier has been completed by Namura Shipbuilding Co., Ltd. Imari Shipyard & Works and …
May 11, 2017 /  Vessels