27 November 2012

Gearbulk took delivery today of Raven Arrow, the first in a series of eight Fleximax III open hatch jib crane vessels.

As with her predecessors, Raven Arrow, with box-shaped holds, is ideal for carrying unitised cargo such as aluminium or newsprint, which requires special stowage and handling.

With holds that are greater in cubic capacity than Fleximax IIs, this newest class of vessels further sharpens Gearbulk's competitive edge in conventional bulk markets.

Although Raven Arrow, with a deadweight of 73,000 metric tonnes, is more than 50% larger than earlier generation open hatch vessels in Gearbulk's fleet, her carbon footprint per tonne mile of cargo carried is nearly 50% smaller.

"Technology is advancing rapidly as shipyards, naval architects, equipment manufacturers, shipowners and classification societies all work closely to minimise cargo shipping's impact on the environment," explained David Roberts, Gearbulk's Senior Manager Sustainability and Technical.

Three more 73,000 mt dwt Fleximax IIIs will be delivered by Mitsui Engineering & Shipbuilding's Chiba shipyard. Four 72,400 mt dwt Fleximax IIIs are being built at Oshima Shipbuilding Co. Ltd. in Japan. The remaining deliveries are scheduled for early 2013 through to late 2014.