DryDel’s fleet expansion continues – Shipping Herald

DryDel announced the signing of a newbuilding contract for a 64,000-DWT Ultramax bulk carrier with Nihon Shipyard (Imabari Shipbuilding Co., Ltd.) – one of the most respected names in Japanese shipbuilding.

This marks the 10th vessel in DryDel’s ongoing newbuilding program, all placed with leading Japanese shipyards.

The vessel will feature a fuel-efficient hull design, a Tier III/Phase 3 compliant engine, and advanced energy-saving technologies including a Hybrid Fin & a Weather Assisting Duct (WAD) – all contributing to lower emissions and better fuel performance.

Delivery is scheduled for 2028.

DryDel Shipping’s CEO, Costas Delaportas, said:

“Despite today’s challenging market environment, I am proud to welcome another high-quality newbuilding project from the esteemed Imabari Shipbuilding, reaffirming our long-standing commitment to Japanese shipbuilding.

I am a firm believer in the long-term potential of the dry bulk sector; this vessel underscores our forward-looking approach.

Each new vessel is a strategic investment in the future, a part of our fleet modernization program.

Our strategy is clear: continued investment in top-tier newbuildings that reflect performance, quality, and sustainability.”