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New series of Kamsarmaxes ordered at Hangtong Shipyard

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New series of Kamsarmaxes ordered at Hangtong Shipyard. Image: Oldendorff Carriers
New series of Kamsarmaxes ordered at Hangtong Shipyard. Image: Oldendorff Carriers
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Oldendorff Carriers signed another two batches of newbuilding contracts for a series of eco Kamsarmaxes at HANTONG Shipyard. The orders are for 5 firm vessels and 7 options. The options are likely to be declared during Q1 of 2022, which would mean that we will have built a total of 31 vessels at Hantong between 2016 and 2023, comprised of 7 Newcastlemaxes and 24 Kamsarmaxes.

The latest orders are for the new Sdari-82 (2020) design, which features an improved hull form for an even lower consumption and a better light running margin (LRM) for the propeller. At a speed of 14.0 knots, the consumption of the MAN-B&W 6S60ME-C 10.5 engine on design load draft will be 23.18 tons (basis ISO conditions and a LCV of 42,700 kj/kg).

The firm and optional vessels will deliver between July 2022 and September 2023. Some of them have been resold to another owner.

Next month, Hantong will also deliver the last two 209,000 tdw Newcastlemax newbuildings (MV “Heide Oldendorff” and MV “Hauke Oldendorff”), which will service a 10 year Contract of Affreightment from 2023 onwards.

So far this year, OLDENDORFF CARRIERS has acquired 16 vessels and holds 7 options:

2 x 182,000 tdw – NBs ex-yard Namura Nov-22 and Feb-23

1 x 119,000 tdw – built 2013 at Sanoyas

1 x 111,000 tdw – built 2012 at Mitsui

1 x 99,000 tdw – built 2013 at Tsuneishi Zhoushan

2 x 96,000 tdw – built 2011 and 2013 at Imabari

2 x 93,000 tdw – built 2012 at Cosco Zhoushan

5 x 82,000 tdw – NBs ex-yard Hantong Jul-22 onwards (+ 7 options)

2 x 61,000 tdw – NBs ex-yard DACKS Jul-22

We strive to maintain a modern and environmentally friendly fleet to serve our clients. Of the roughly 750 owned and chartered vessels in our fleet list, around 200 are on floating index-based period charters and around 80 on fixed rate period charters.

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MOL launches inter-system linkage of ‘Lighthouse’ with Nippon Steel Corporation

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MOL launches inter-system linkage of 'Lighthouse' with Nippon Steel Corporation. Image: MOL
MOL launches inter-system linkage of 'Lighthouse' with Nippon Steel Corporation. Image: MOL
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Mitsui O.S.K. Lines, Ltd. announced the launch of an inter-system linkage between “Lighthouse”, a platform developed for bulkship customers to provide information on ocean transport, and the supply-demand management system of Nippon Steel Corporation.

Lighthouse is a service that allows those involved in the transport process, such as shippers and vessel operators, to safely, unitarily, and in real time, share and monitor various kinds of information related to ocean transport, such as vessel schedules, weather, ocean conditions, as well as data related to cargoes and contracts, on a customized basis for each customer.

Until now, Nippon Steel obtained information on ocean transport in raw material procurement through information sharing from various shipping companies, including MOL with a limited frequency. Linking Nippon Steel’s supply-demand management system with Lighthouse enables the customer to constantly monitor and update a broad range of information on ocean transport, such as schedules and cargo information, not only for MOL-operated vessels, but also those of other shipping lines, allowing the conversion of more information into useful data.

MOL will use data and digital technology to help customers optimize their supply chains, not only in ocean transport, but also throughout the entire supply chain from raw material procurement to production, and to transform their business models for the better. Then, it aims to reduce the environmental impact of ocean transport and achieve net-zero greenhouse gas emissions by improving service and quality based on customer needs, by, for example, enhancing operational and transport efficiency.

MOL Group will continue to earn the trust of a wide range of stakeholders while offering high-quality transport services and new added value through the use of digital technology as a group.

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Oldendorff’s report on West Australia – East Asia iron ore green corridor

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Oldendorff's report on West Australia – East Asia iron ore green corridor. Image: Oldendorff Carriers
Oldendorff's report on West Australia – East Asia iron ore green corridor. Image: Oldendorff Carriers
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Oldendorff Carriers has welcomed the release of a green corridor feasibility report on the West Australia – East Asia iron ore trade route, in partnership with other consortium partners including BHP, Rio Tinto, Starbulk and the Global Maritime Forum. The green corridor project focuses on the feasibility of ammonia as a low emission marine fuel option to reduce seaborne transport emissions on this major iron ore trade route.

The feasibility report can serve as an inspiration for further development of other green corridor initiatives, through public-private partnerships and regulatory follow-up actions. This type of collaboration is very useful in identifying what steps and initiatives are necessary to accelerate the decarbonisation of shipping. Oldendorff Carriers is committed to an ambitious decarbonisation trajectory towards sustainable levels.

The report shows sufficient potential for low emission ammonia availability, and that deploying ammonia powered vessels on this trade route is feasible. However, the safety aspects for the use of ammonia as a marine fuel, still needs to be validated and accepted. The report indicates that the Pilbara region of Australia and Singapore are potentially viable places for bunkering ammonia on this trade route. The shipping industry continues to debate which of the future fuels will be most appropriate for our sector. It is expected that there will be more than one fuel for shipping and there is still a lot of work to be done to develop a comprehensive understanding of how to make and use alternative forms of energy efficiently.

Scott Bergeron, Managing Director Global Engagement & Sustainability at Oldendorff Carriers, says: “Being one of the founding members of the West Australia – East Asia Iron Ore Green Corridor Consortium was an excellent opportunity for Oldendorff Carriers to collaborate and share perspectives with the other consortium members on the feasibility of reducing emissions on this strategic iron ore trade. We are pleased to join in sharing this feasibility assessment to show how a well-considered green corridor can facilitate our collective desire to decarbonize shipping with an alternative fuel. While outside the scope of this report, the safety concerns and environmental risks of ammonia have yet to be adequately addressed. As the safety of our crew is paramount, these challenges must be overcome to enable adoption.”

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NYK takes delivery of new coal carrier Kagura

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NYK takes delivery of new coal carrier Kagura. Image: NYK Line
NYK takes delivery of new coal carrier Kagura. Image: NYK Line
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The coal carrier Kagura for the Chugoku Electric Power Co., Inc. was delivered at Oshima Shipbuilding Co. Ltd. A naming and delivery ceremony took place on the same day and was attended by Shigeru Ashitani, representative director, vice president and senior managing executive officer of EnerGia; Hitoshi Nagasawa, president of NYK; and many other persons concerned.

Under a long-term transport contract with EnerGia, the vessel will use carbon offsets to theoretically reduce its greenhouse gas emissions to zero for the entire contracted voyage, making the marine transport of coal under the contract carbon neutral. Specifically, CERs as credits for the GHG emissions of the entire contract voyage have been procured to offset the GHG emissions.

The ship’s name, Kagura, is derived from Iwami Kagura, a masked traditional performance art loved by the people of Japan’s Chugoku region. The vessel was named by EnerGia with the hope that the ship will be loved by people for a long time. NYK provides marine transport services that meet the needs of our customers, while at the same time promoting corporate activities that reduce environmental impact. NKY promises will continue to actively engage in activities to decarbonize marine transport and strive to realize our basic philosophy of “Bringing value to life.”

<Outline of Vessel>
Length overall: 235 meters
Breadth: 43 meters
Summer draft: 13.853 meters
Gross tonnage: 57,646 tonnes
Deadweight tonnage: 99,990 tonnes
Shipyard: Oshima Shipbuilding Co. Ltd.
Ship’s registry: Republic of Liberia

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