Dry Cargo

Delphin Shipping Adds Super Fuel-Saver to Its Fleet

Greek ship operator Delphin Shipping has pioneered a fuel-saving supramax bulk carrier that burns 14% less fuel oil than other vessels of its class, type and size.

The vessel, Aquila, was based on a Chinese design by Shanghai Ship Research and Design Institute (SDARI), with a unique propulsion device known as a Mewis duct. The ship’s design appraisal, build and sea trials were supervised by Lloyd’s Register.

Aquila’s output has been reduced by almost 1,000 kW to 8,500 kW while its fuel consumption is significantly less than similar bulk carries, falling significantly from 29.4 tonnes to 26 tonnes at a speed of 14 knots.

Dry Cargo News

The S&P market report compiled by Carriers for Weeks 15 and 16 notes few deals involving Greek players. Most notably, Moundreas has moved for two bulk carriers en bloc, namely ONOE (172.572 / 2000 / Japan) and CHITOSE (171.199 / 2000 / Japan), at the price of USD 18.5 million. Embiricos has also reportedly acquired a bulk carrier. The BLUE MATTERHORN (81.391 / 2011 / S. Korea) was sold for USD 17.7 million.
Greek shipowner John Angelicoussis has scrapped panamax bulker 73,100-dwt Anangel Omonia (Built 1996). The vessel will be disposed in Pakistan, market sources say.

Lion Shipbrokers report several Greek players have entered the secondhand market lately, mostly for bulker acquisitions. Most notably, clients of Anangel acquired three bulk carriers en bloc at the price of $43.6- $44 million; Greek buyers (clients of Aeolos Management) moved for M/V "BLUE MATTERHORN" (81,391 dwt, blt 2011, Hyundai Samho/Korea) at the price of $17.4-$17.8 million.

Rates for capesize bulk carriers, which have remained close to six-year lows for the last three months, are likely to show little sign of improvement next week as too many ships chase too few cargoes, brokers said.

Market Reports


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