Bulk polymer shipping to start in 3 years - Mitsui OSK Lines

25 October 2010 16:04  [Source: ICIS news]

BAHRAIN (ICIS)--A project for bulk polymer shipping being developed by Mitsui OSK Lines and other companies is scheduled to start up in three years, with the initial hubs expected to be operational by 2014, an official with the shipowner said on Monday.

The bulk polymer shipping system will consist of a series of terminals worldwide for loading, discharging and distributing polymers in bulk, said Mistui OSK Lines’ Mitchell Silver.

He was speaking at the Gulf Petrochemical and Chemical Association (GPCA) Supply Chain Forum in Bahrain.

“Along with partners including Mistui Engineering & Shipbuilding, Coperion, Talke & SA Talke, Euroports and DHL Exel, the project [has] seen substantial development over the past three years with the involvement of over 70 engineers and consultants worldwide,” said Silver.

The initial hubs will be located in the Gulf Cooperation Council (GCC) region, Antwerp and the US east coast, he said.

“At the heart of the system is a new type of vessel designed from the bottom up, with the sole purpose of loading, carrying, and discharging polymers in bulk,” he added.

“[Bulk polymer shipping] is an innovation that offers a more cost efficient and effective alternative to containers, that assures superior quality and less handling at the same time,” said Silver.

“Bulk movements are the logical way to move large volumes of any product, and polymer is no exception,” he added.

The GPCA Supply Chain forum ends on 26 October.

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By: Yu Guo
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