Following the announcement of the IMO’s SOx emission limitations from 2020 and increased developments in the global supply of gas, there has been a growing demand for innovative and environmentally friendly designs to replace traditional oil-fuelled ship designs.
The first second-generation VLOC loaded for the first time this week at the Tubarão port, in Vitória, Espírito Santo.
HHI announced that it signed a $800 Million worth contract to build ten 325,000 dwt VLOCs with Polaris Shipping, the domestic dry bulk owner and operator, on September 25.
There are few acute purely economic incentives to demolish VLOC’s converted from VLCC’s, as they have secured freight rates and employment on long-term time charter contracts.
The joint design programme is aimed at exploring the suitability of technologies for large ships, such as VLOC.
Berge Bulk Maritime confirms that an incident involving its operated VLOC (Very Large Ore Carrier) “BERGE BUREYA” – (IMO/LR # 9297539) took place off Malaysia in the Malacca Strait earlier yesterday morning (July 26, 2016).