Hyundai Delivers First Ship Built In Korea For Australian Owner

Hyundai Heavy Industries Company, Ltd. in Ulsan, South Korea, has recently delivered the 23,500- dwt bulk carrier Kowulka (shown above) to her Australian owner, Gypsum Resources Australia Pty.

Ltd. This vessel has special significance, as she is the first built in Korea for an Australian owner. She will ply the Australian Coast carrying mineral gypsum from South Australia to the eastern states to be used in the manufacture of building materials, and will return from the North of Queensland to southern ports laden with sugar. She is also expected to trade between Australia and New Zealand.

Gypsum Resources Australia is a joint venture between Colonial Sugar Refinery Ltd. (CSR) and Boral Ltd., each of which holds 50 percent of the shares. Austocean Pty. Ltd., a wholly owned subsidiary of CSR, awarded the newbuilding contract in June 1983.

The Kowulka has an overall length of 551.2 feet, beam of 79.7 feet, depth of 45.9 feet, and full-load design draft of 32.15 feet. She is classed by Lloyd's Register of Shipping + 100A1 Bulk Carrier, +LMC, UMS, "Strengthened for Heavy Cargoes." Her main engine is the newly developed, fuel-efficient Hyundai/ Sulzer 5RTA58 having a maximum continuous rating of 6,800 bhp at 98 rpm. Operating at the normal continuous rating (80 percent) of 5,400 bhp at 91 rpm, her guaranteed service speed is 14 knots at design draft. Cruising range is about 11,000 nautical miles.

Maritime Reporter Magazine, page 6, Oct 15, 1984

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