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

In the bulkers segment, Lion Shipbrokers reports in week 42 that M/V "SININ" (52,466 dwt, blt 2005 Tsuneishi/Philippines) was sold to Greek buyers (clients of Seamar Management) for $13.8 million. The vessels was sold at auction on 10th October in Jiangyin, China.

Rates for capesize bulk carriers on key Asian routes are again likely to fall as the volume of tonnage limits any price gains from an increase in chartering activity, brokers said.
Demand:  While we await the long-anticipated rebound in Capesize freight rates centred on Brazilian exports, let’s focus on the brighter spots elsewhere in dry bulk shipping...

Brokers reports Pleiades has placed an order for two tanker vessels (dwt 72,000) at STX with delivery slated for 2016 at the price of USD 46 million. In the secondhand market, Almi has reportedly moved for bulk carrier BULK LEO (dwt 55,679 blt 2008 Japan) at the price of USD 20.5 million. Furthermore, Thenamaris has moved for tanker vessel MAOHI (dwt 46,177 blt 2006 S. Korea) for a reported USD 18.6 million.

Market Reports


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