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

Iron ore exports from Australia will expand 10 percent next year, more than double the gain in 2015, as a new mine backed by billionaire Gina Rinehart ramps up supply, according to the government, which cut price forecasts.
NewLead announced that it has entered into a time charter contract for one of its Eco-type dry bulk Handysize vessels, the Newlead Albion, for a minimum of two and a maximum of four months at the charterer's option.
Navios Partners announced that the Navios Fantastiks, a 2005-built Capesize vessel, has been chartered out for a period of 16-20 months at a rate of $12,825 net per day to a high quality counterparty. The charter will commence in July.
Scorpio Bulkers announced that the Company has agreed to time charter-out the SBI Montesino, a Capesize vessel that is currently under construction in South Korea with delivery expected in July, 2015.

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