Meadway Bulkers reveals ultramax order in Japan

Greek owner and operator Meadway Bulkers has bolstered its shipbuilding programme in Japan by adding another ultramax to its orderbook.

The George Dellaportas-led outfit has revealed a 64,000 dwt newbuilding at Imabari Shipbuilding with delivery expected in the second quarter of 2027.

Prior to this, the Athens-based company, which currently lists 15 ships in its fleet, had three ultramaxes lined up for construction at Tsuneishi Zhoushan shipyard in China for delivery through 2026.

Meadway Bulkers was set up by George Dellaportas in 2021, while his brother Costas continued at the original company, Meadway Shipping & Trading, which has since rebranded as DryDel Shipping.

The latest order will see Meadway Bulkers add six newbuilds to its fleet in the next two years, which, in addition to ultramaxes, includes a pair of handysize vessels, delivering from Namura Shipbuilding in the first quarter of 2026.