Conversion deal sealed

Rand Logistics of the US has hired a Chinese shipyard to convert a chemical tanker into a self-unloading bulker.
Rand Logistics self-unloading bulker Michipicoten

Rand claims the unit will be the most efficient river-class ship on the Great Lakes.

In a statement the New York-quoted operator identified Chengxi Shipyard as the recipient of the award but failed to shed light on pricing.

Rand said the project will include the construction and assembly of a new forebody that will be affixed to the aft section of the vessel, which was not identified by name.

When the ship is deployed in the second-half of 2015 the company claims it will be the first new Canadian-flagged river class self-unloader introduced into service on the Great Lakes in over 40 years.

“The conversion project reaffirms the company's commitment to support the growth of its customers and is consistent with Rand's strategy of remaining the leader in both the US and Canadian river class markets on the Great Lakes,” the operator added.

Attempts to reach Rand, which will oversee 17 ships when the project is completed, for more detail about the cost of the project and the identity of the vessel involved in the deal were not immediately successful at the time of writing Tuesday.

  • Rand converting tanker

    Rand Logistics of the US is buying a chemical tanker to convert into a self-unloading bulker for its Great Lakes fleet.
  • Rand seals debt deal

    Great Lakes bulker owner Rand Logistics is on a surer footing after putting the finishing touches to a huge refinancing package.
  • Brighter 2014 for Rand?

    Rand Logistics has inked new long-term contracts that point to a better year in 2014.
  • Chengxi bags ultras

    China’s Chengxi Shipyard has won $140m worth of bulker newbuildings from a domestic shipowner.
  • CSSC Shipping to splurge $1.2bn in ordering spree

    Chinese shipowning subsidiary of yard group is planning to book bulkers, containerships, tankers and offshore vessels to fill parent firm’s berths