Displaying items by tag: NovaAlgoma Cement Carriers

Italy: NovaAlgoma, a joint venture between the Italian-Swiss Nova Marine Carriers and Canada's Algoma Central Corporation, has announced the construction of the ‘world’s largest and greenest’ cement carrier, weighing 38,000t. This vessel will be built by Xinle Shipbuilding in China and delivered by the end of 2026. It will reportedly be the first to use both traditional fuel and methanol and can connect to electrical grids in ports to eliminate emissions, according to local news reports. Additionally, it will feature a waste heat recovery system that converts exhaust gases into 250kW of electrical energy.

Vincenzo Romeo, CEO of Nova Marine, said "This new construction, which meets the forecasts for the development of our fleet and the growth of cement market demand in the coming years, is intended to consolidate our positioning among the global leaders in cement transportation.”

Canada: NovaAlgoma Cement Carriers’ (NACC) Canadian subsidiary has been awarded a long-term time charter agreement with Lafarge Canada, for the provision of a modern pneumatic cement carrier early in 2018. A bulk carrier owned by NACC will be converted into a pneumatic cement carrier. It will have maximum cargo deadweight in excess of 12,500t. The conversion process is expected to take around 10 months.

The vessel will primarily carry cement from Lafarge Canada's cement plant in Bath, Ontario to distribution facilities throughout the Great Lakes but the vessel will be capable of other services for Lafarge. NACC Shipping Canada will operate and manage the vessel in Canada. No duration for the contract has been released.