Advertisement

OPEN-HATCH BULKERS: Multiple orders for open-hatch carriers

Three owners have ordered open-hatch ships recently, a vessel type developed in the 1960s for handling forest products as well as containers, but now seeing wider employment. Saga Shipholding of Norway, a subsidiary of Japan’s NYK, has ordered a series of seven 55,000dwt open-hatch bulk carriers in Asia for a total price approaching US$400 million. South Korea’s Daewoo Shipbuilding & ME will build five of the vessels, while Japan’s Oshima Shipbuilding will complete two.

All of the box-hold ships will be delivered between October 2012 and August 2013 for operation by Saga Forest Carriers, which currently operates a fleet of 24 open-hatch vessels. At the same time, Norway’s Grieg Shipping has exercised two options attached to its order for six 48,000dwt open-hatchers placed last year with South Korea’s Hyundai Mipo.

The original order was confirmed at a price of $48.35 million per vessel, and the two most recent orders will be built for approximately the same price, both for delivery in 2013-14. Grieg, a leading owner of open-hatch ships, has a further two options available that could be completed before 2014.

A company entering the open-hatch business for the first time is South Korea’s STX Pan Ocean, which is ordering a series of 57,000dwt boxhold ships from STX Offshore & SB.

Ships Montly - January 2024

AIDA Cruises launches major fleet modernisation programme

With AIDA Evolution, AIDA Cruises has launched the largest modernisation program in its fleet. It is the most extensive in the company's history. The first...
Advertisement

Related articles

AIDA Cruises launches major fleet modernisation programme

With AIDA Evolution, AIDA Cruises has launched the largest modernisation program in its fleet. It is the most...

Damen unveils new Multi-Purpose Support Ship (MPSS)

Latest Damen design an answer to increased use of drone technology at sea to meet today’s defence and...

Eastern Pacific Shipping makes first wind propulsion move with eSAILs

On 22 February 2024 Eastern Pacific Shipping (EPS) has signed a contract for its first ever wind-assisted propulsion...

Arvia CRUISE REVIEW

Sister for Iona and P&O Cruises’ new flagship Alan Moorhouse looks at the main features of the new cruise...