Pioneer Marine has received fuel-efficient dry bulk carrier M.V. Kite Bay from Yangzhou Guoyu Shipbuilding. The M.V. Kite Bay is a 38,419 DWT Green Dolphin eco-design handysize vessel, which joins the company’s operating fleet now consisting of 14 handysize vessels and one handymax vessel. The M.V. Kite Bay’s fuel consumption is about 6 tonnes per day lower than than … [Read more...]
Introducing: New Green Dolphin 575 Bulk Carrier Concept Design [PHOTOS]
![Introducing: New Green Dolphin 575 Bulk Carrier Concept Design [PHOTOS]](https://gcaptain.com/wp-content/uploads/2013/12/Green-Dolphin-575-Fore-perspective-at-sea-207x125.png)
The world's largest ship classification society, DNV GL, and Shanghai Merchant Ship Design & Research Institute (SDARI) have introduced the Green Dolphin 575 concept design for a handymax bulk carrier, a second design building on the success of the handysize Green Dolphin 38, which has seen around 80 orders to date. The Green Dolphin 575 concept aims to be fuel and … [Read more...]
Pioneer Marine Launches With a Newbuild Order for 4 Bulk Carriers
After a year of beating the bushes of the ship finance sector, Pankaj Khanna, CEO of Singapore-based Pioneer Marine has gained funding from US-based private equity firm Garrison Investments to begin building his fleet of dry bulk ships. In a phone call with him this morning, Khanna notes that he has ordered four "Green Dolphin" eco-designed bulkers from Yangzhou Guoyu … [Read more...]