A Chinese ship builder has reportedly delivered the second of the four Kamsarmax Bulk carrier ordered by Shipping Corporation of India (SCI) to replace its existing Daewoo series Handymax bulk carriers.
Daewoo series Handymax bulk carriers of SCI were built in 1986 and 1987. It may be noted that SCI has so far been operating the small-sized Handymax and Handysize bulk carriers and now it wants to use Kamsarmax bulk carriers, which have larger carrying capacity.
With the delivery of the second Kamsarmax Bulk carrier, the total fleet size of SCI rose to 79 vessels. The second Kamsarmax vessel christened ” Vishva Chetna” has a gross tonnage of 44,864 tonne.
SCI’s total tonnage goes up to 5.96 million and it has 15 vessels on order at present. It should be noted that globally, the shipping trade is going through turbulent times at present with many vessels struggling to get chartered and shipping companies getting burdened with over capacities.
Most of the current fleet has been ordered in the period leading up to the start of the global slowdown in 2008, when shipping was booming.
Leave a Reply
You must be logged in to post a comment.