Chinese Shipyard Delivers New Vessel for Ugland Shipping

Business & Finance

Chinese Shipyard Delivers New Vessel for Ugland Shipping

Built at Tsuneishi (Zhoushan) Shipbuilding Inc., China, the vessel is a sister of the recently delivered Isabelita, Bonita and Kristinita of the TESS 58 design. Star Norita is 100% owned by Ugland Shipping AS.

Ugland’s Purchaser Margrethe Nes Beisland, Managing Director Øystein Beisland’s wife, was given the honourable task of naming the vessel. Star Norita will join the UBULK Pool and is fixed on a 5-year TC to Grieg Star Shipping AS, Bergen.

About the UBULK Pool

Ugland Bulk Transport A/S (UBULK Pool), operates a fleet of modern supramax dry cargo vessels, in sizes between 45,000 and 58,000 dwt.

Each vessel is fitted with extra self-loading/unloading equipment including grabs. In addition, several of the vessels are equipped for the transportation of logs and timber.

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Source: Ugland Shipping, September 26, 2012