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 VLCC sector Intermodal reports the sale of the “TAKASUZU” (279,989dwt-blt 00,Japan), which was sold to Greek owners, New Shipping for a price in the region of $26.5 million.
Rates for capesize bulk carriers, which have been close to six-year lows for the last two months, are unlikely to improve as a tonnage glut continues to weigh on the market even as owners increasingly idle, lay-up or scrap their vessels, brokers said.
Mitsui O.S.K. Lines, Ltd. announced that the coal carrier Hakutaka, which will serve Tokyo Electric Power Company, Inc., was delivered at Mizushima Shipyard of Sanoyas Shipbuilding Corporation on March 26, 2015...
The severe oversupply in the bulkcarrier fleet has contributed to the current trough in the dry bulk market, putting considerable financial pressure on owners, many of whom are subject to earnings close to operating costs.

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