Merry Christmas from the AEC Team !

We wish our Clients and their families a Merry Christmas.
The AEC Team

AEC feature in Inside Marine’s Nov/Dec Magazine

Inside Marine write up

Please click on the above link to read the AEC article

(Please give the link a minute to download)

Do you have a bus? Not a problem for AEC’s flexible fleet.

Buses loaded on MV AEC Ability II

AEC load rare cargo grade

The AEC fleet vessel, MV Giovanna 34,146 dwat Built 2011, loaded Olivine Sand at Aaheim, Norway. It was a short quick voyage for discharging in Gijon, Spain.

Olivine sand. Sand composed almost exclusively of olivine grains is rare. Olivine is a common rock-forming mineral of certain igneous rocks.

 

 

General
Category Nesosilicate
Olivine group
Olivine series
Formula
(repeating unit)
(Mg, Fe)2SiO4
Strunz classification 9.AC.05
Crystal system Orthorhombic
Identification
Color Yellow to yellow-green
Crystal habit Massive to granular
Cleavage Poor
Fracture Conchoidal – brittle
Mohs scale hardness 6.5–7
Luster Vitreous
Streak None
Diaphaneity Transparent to translucent
Specific gravity 3.2–4.5[1][2][3][4]
Optical properties Biaxial (+)
Refractive index nα = 1.630–1.650
nβ = 1.650–1.670
nγ = 1.670–1.690
Birefringence δ = 0.040

AEC’s ‘Super’ Ultramax in action

MV Christina loaded 60,500 mts of bulk wheat in Prince Rupert, Canada for Chittagong, Bangladesh.

Some holds were filled to the edge.

This lovely Japanese New Building is

66,653 Dwat on 12.925 m ssw

5 holds / 5 hatches

83,102 cbm grain cubic

4 x 30 mts cranes with 4 x 15 m3 grabs

Beam 36 m / LOA 199.99 m

New addition to the London team

We welcome Gary Robson (GR) to the AEC team. Gary comes with loads of specialized chartering experience from our industry and will work out of London.

With AEC’s increasing activity Gary will for sure be a great addition to our team.

Prominent visit in Houston

While MV AEC Ability II was discharging steel drilling pipes in the port of Houston, AEC’s CEO Mr. Madsen escorted a prominent Houston delegation to the vessel to experience what is happing in their own home port and onboard an AEC vessel.

A warm thank you to Captain Darko Turato and Crew for receiving everyone with great hospitality and for keeping our good vessel in an excellent condition.

Picture (From the left):

Mr. Sarofim, Mr. Kempner, Captain Turato, Mr. Lummis, Mr. Madsen, Mr. Seeligson, Mr. Mathis, Mr. Holstead, Mr. Stude and Mr. Curtin.

 

Ultramax or Panamax?

The traditional Panamaxes are facing competition from two sides. The Ultramaxes and the Kamsarmaxes are both newer popular designs. Depending on the restrictions involved in the various trades, the newer designs do threaten the standard Panamax vessels in their trades.

During the 2016 CMA in Stamford, CT, the CEO of AEC was asked what designs he thought would be the future designs in Dry Bulk.  Mr. Madsen was not in doubt when he in details explained why some of the new Bulk Carriers designs indeed would have a bright future over a longer period. Yes, the markets where extremely dull at the time (End February 2016) but it was still a question of keeping ‘the eye on the ball’. He outlined why Kamsarmaxes (81-86,000dwt), Ultramaxes (60-66,000 dwt) and Handymaxes (37-45,000 dwt), from good shipyards, would fair well over the next decades.

Pictured: AEC’s chartered Ultramax, MV Start Mistral – 63,306 dwt. The vessel loaded a cargo of bulk coal at Mobile, USA during the first week of May 2018.

 

AEC add special ‘Ultra’ Ultramax Newbuilding to it fleet

The Japanese Bulk Carrier, MV Christina, has been chartered on long term Time-Charter to AEC. The vessel is a special Japanese design with higher Deadweight that normal Ultramaxes. She delivered from Mitsui Yard in Japan and was sent on her first employment to load grain in Vancouver, BC for discharging in Japan.

‘We have a great interest in this special design of vessel’ says CEO Lars-Peter Madsen and continues ‘Our experience tells us that this is a great design and also the ultimate design for the Grain trade out of South America.’

The New Building has the following particulars:

66,653 Dwat on 12.925 m ssw

5 holds / 5 hatches

83,102 cbm grain cubic

4 x 30 mts cranes with 4 x 15 m3 grabs

Beam 36 m / LOA 199.99 m

True to its name, AEC maintains its competency in transporting Energy Products

Be it Coal or Petroleum Coke, AEC continues to be the trusted partner to meet the Marine Transportation requirements of our clients in the Energy Sector.

MV Falmouth Bay, the 58,616 deadweight Bulk Carrier built 2014, alongside in North Brazil.

52,500 mts of Bulk Coal being discharged into shore ‘hoppers’ and on to trucks.

 

Naresh Khandelwal – Operations