Hamburg-based shipowner and ship manager E.R. Schiffahrt announced it had cancelled orders placed with the Korean shipyard Sekwang for four anchor handling tug supply vessels "due to ongoing delays in completion and the resulting difficulties of safely securing charters for the vessels," MarineLog reports.
E.R. Schiffahrt noted the cancelations at Sekwang in a year-end round up in which it said that it ended 2010 with a new record of 17 new vessels delivered. This was the company's highest annual fleet growth since its foundation in 1998. Fourteen bulk carriers with a total cargo capacity of 2,024,000 tonnes joined the fleet. All are charted to large Far Eastern liner companies for between five and ten year terms. In 2011, E.R. Schiffahrt expects the delivery of six further bulk carriers and the first two of eight 13,100-TEU container vessels; 2012 will see the further six container giants joining the fleet.
Despite the cancelations at Sekwang, E.R. Schiffahrt is still planning a further expansion of its offshore fleet.
The future plans of E.R. Schiffahrt foresee more ships operating in revenue pools."Our policy of integrating a part of our fleet into revenue pools has proven to have been a very effective strategy. Pools are particularly effective in safeguarding the revenue situations of individual vessels in times of uncertainty and volatile markets," the company's CEO Albert Schumacher said. Today, a third of the company's vessels operate in pools.
E.R. Schiffahrt noted the cancelations at Sekwang in a year-end round up in which it said that it ended 2010 with a new record of 17 new vessels delivered. This was the company's highest annual fleet growth since its foundation in 1998. Fourteen bulk carriers with a total cargo capacity of 2,024,000 tonnes joined the fleet. All are charted to large Far Eastern liner companies for between five and ten year terms. In 2011, E.R. Schiffahrt expects the delivery of six further bulk carriers and the first two of eight 13,100-TEU container vessels; 2012 will see the further six container giants joining the fleet.
Despite the cancelations at Sekwang, E.R. Schiffahrt is still planning a further expansion of its offshore fleet.
The future plans of E.R. Schiffahrt foresee more ships operating in revenue pools."Our policy of integrating a part of our fleet into revenue pools has proven to have been a very effective strategy. Pools are particularly effective in safeguarding the revenue situations of individual vessels in times of uncertainty and volatile markets," the company's CEO Albert Schumacher said. Today, a third of the company's vessels operate in pools.