Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo

Your trusted source for global offshore energy news, part of the Navingo network.

Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Home›Shipbuilding›Pioneer Marine Takes Delivery of 2nd Green Dolphin
Shipbuilding

January 11, 2016 · about 10 years ago

Pioneer Marine Takes Delivery of 2nd Green Dolphin

Oslo-listed shipowner and dry bulk transporter Pioneer Marine Inc has taken delivery of its second 38,419 dwt Green Dolphin eco-design handysize vessel, the MV Kite Bay, from Yangzhou Guoyu Shipbuilding. MV Kite Bay’s fuel consumption is about 6 tonnes per day lower than the non-eco design vessels,

1 minutes read
  • LinkedIn
  • X
  • Email

Oslo-listed shipowner and dry bulk transporter Pioneer Marine Inc has taken delivery of its second 38,419 dwt Green Dolphin eco-design handysize vessel, the MV Kite Bay, from Yangzhou Guoyu Shipbuilding.

MV Kite Bay’s fuel consumption is about 6 tonnes per day lower than the non-eco design vessels, according to Pioneer.

The Green Dolphin newbuilding series is equipped with Ice Class 1C, fully logs fitted, suitable for the carriage of various dangerous cargoes, grab fitted, ABB Octopus system for fuel consumption optimization, and mass flow meters on the bunker line.

MV Kite Bay will begin a one-year charter on a floating rate based on the Baltic Supramax Index less a small discount. The deal includes an option to extend the charter for up to one additional year.

With this delivery, Pioneer now operates a fleet of fourteen handysize vessels and one handymax vessel.

“Pioneer had contracted twelve newbuilds of which three have been cancelled without penalty and two vessels have delivered. The seven remaining newbuildings are scheduled to be delivered in 2016 (four) and 2017 (three),” Pankaj Khanna, Chief Executive Officer, said.

As World Maritime News reported , the company took delivery of its first Green Dolphin vessel the MV Falcon Bay in September 2015. The vessel is chartered under a one-year charter agreement, with an option to extend the contract for up to one additional year.

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

ShipbuildingBusiness & Finance

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1First-of-its-kind marine robotics test and development center opens in Norway
  2. 2Shell ups its production ante with first oil from US Gulf project’s third chapter
  3. 3Germany’s SEFE firms up two-decade-long offtake deal with Canadian LNG project
  4. 4Baker Hughes' subsea systems to help fast-track Cyprus's first commercial gas project

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free