Brazil's S t a t e - O w n ed Docenave Acquiring Ten Big Bulk Carriers

Either directly or through wholly owned subsidiaries, the Brazilian shipping company Docenave, the shipping arm of the State-owned Companhia Vale do Rio Doce mining company, has ordered 10 new bulkers totaling 1,535,200 dwt. Deliveries are scheduled between 1986 and 1988.

Ishikawajima do Brasil is building two 305,000-dwt ore/oil carriers for Wilsea, a new Liberian-registered joint venture between Docenave and Wilh. Wilhelmsen of Norway. To be powered by fuel-efficient Ishibras/ Sulzer 8RTA84, 22,340-bhp diesel engines, these giant ships will each have a capacity to carry 211,500 cubic meters of ore or some 2,217 barrels of oil, yet will use 50 percent less fuel than other ships of the same size.

Docenave's subsidiary Seamar Shipping Corporation ordered three 150,000-dwt bulk carriers from Verolme est do Brasil. Each will be powered by a 6L80MCE M.A.N.- B&W diesel with an output of 17,100 bhp, providing a service speed of 13.8 knots.

The other five ships, ranging up to 170,000 dwt and totaling 475,200 dwt, are being built by the Verolme and Emaq shipyards for Docenave itself.

Both the Seamar and the Wilsea contracts are being financed by the Banco do Brasil Export Finance Department.

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