Greek owner and operator Meadway Bulkers has boosted its shipbuilding program at Japanese shipyards with two handysize bulk carriers at Namura. There is a growing need globally for more and more ships to carry global traffic to new heights. It is in this background that this massive order has been placed. We will probably see this trend keep on growing with time.

Meadway Bulkers will deliver in 2026.

The George Dellaportas-led outfit has unveiled a pair of 40,050 dwt units, which will be delivered in the first quarter of 2026 for an unrevealed price. This adds to another 40,000 dwt newbuild set to join the fleet from Japan’s Onomichi Dockyard this year.

The Athens-based company presently lists 14 ships in its fleet. It has lined up three ultramaxes for construction at Tsuneishi Zhoushan shipyard in China. The 66,200 dwt vessels have deliveries planned through 2026.

Meadway Bulkers was set up by George Dellaportas in 2021. His brother Costas continued at the original company, Meadway Shipping & Trading, which was recently rebranded as Drydel Shipping.