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DryDel also known as Meadway Shipping &Trading has marked its entry into the Capesize segment by placing an order for two state-of-the-art 182,000 dwt sister vessels with Japan’s Namura Shipbuilding. These advanced vessels are scheduled for delivery in 2028, solidifying DryDel’s presence in the larger dry bulk market.The new Capesize vessels will feature scrubber systems for enhanced environmental compliance and operational efficiency. This strategic move capitalizes on the historically low orderbook for Capesize vessels, aligning with DryDel’s goal of diversifying its fleet while maintaining a competitive edge.

The project is structured as a joint venture with long-standing Japanese partners, underscoring the strength of their collaborative relationship. DryDel will assume full commercial and technical management of the vessels, ensuring seamless integration into its existing operations.This milestone follows the successful delivery of four 40,000 dwt vessels from Namura in 2024. It is part of a broader newbuilding program comprising 10 dry bulk vessels set to join DryDel’s fleet over the next four years.DryDel’s foray into the Capesize sector not only enhances its operational capabilities but also positions the company to meet evolving market demands in the global dry bulk shipping industry.

Image credit: Drydel Shipping

Drydel Shipping formerly known as Meadway Shipping & Trading Inc. has announced the placement of an order for a new eco-friendly Ultramax vessel from Japan's Tsuneishi Shipyard. The vessel, an Ultramax TESS 66, is designed with the exclusive Aeroline technology from Tsuneishi, ensuring enhanced efficiency and minimal environmental impact.This vessel will be fully compliant with the Energy Efficiency Design Index (EEDI) Phase 3 regulations, reflecting DryDel Shipping's commitment to sustainable and responsible shipping practices. The new vessel is expected to be delivered to the company's fleet by 2028.

The Ultramax TESS 66 features a unique design with a 66,000 deadweight tonnage (DWT) and a 32-meter beam, highlighting Tsuneishi Shipyard's innovative approach to vessel construction. This addition to DryDel Shipping's fleet represents a significant investment in Japanese Ultramax newbuilding tonnages. DryDel Shipping continues to prioritize the incorporation of environmentally conscious technologies in its operations. The new vessel aligns with the company's long-term strategy of enhancing its fleet with cutting-edge, eco-efficient ships. This move underscores DryDel Shipping's dedication to reducing its carbon footprint and advancing sustainability within the maritime industry.

https://splash247.com/drydel-places-first-bulker-order-under-new-brand/

Drydel Shipping, formerly known as Meadway Shipping and Trading, has expanded its fleet by contracting its first newbuild under its new name. Led by Costas Dellaportas, the Greek bulker player secured a deal with Shin Kurushima Dockyard in Japan for the construction of a 64,000 dwt ultramax vessel, scheduled for delivery in 2026. While brokers estimate similar tonnage to cost between $34m and $35m, specific details of this order remain undisclosed. Drydel, established in February to distinguish itself from Meadway Bulkers founded by Costas' brother George Dellaportas in 2021, now boasts a fleet of 11 owned bulkers alongside 19 chartered-in ships. With an additional 10 newbuilds set for delivery between 2024 and 2026, Drydel solidifies its position in the shipping industry.