Greek shipowner DryDel Shipping, formerly known as Meadway Shipping and Trading, has contracted its first newbuild under the DryDel Shipping name.

The owner has sealed a deal with Shin Kurushima Shipyard for the construction of a new 64,000 dwt N/B vessel.

DryDel Shipping said this “partnership marks a significant chapter in the company’s history, being the first N/B vessel to be built under the DryDel Shipping name and the 10th N/B expected to be delivered to the company in the coming years.”

The delivery of the vessel is expected in 2026 and the company characterised the deal as an “honor to collaborate with Shin Kurushima Shipyard.”

“We are proud to join the ranks of the select few Greek shipowners who have direct projects with this prestigious shipyard in Japan,” the Greek company said yesterday.

DryDel Shipping took delivery on March 15 of its newest charter-in vessel, the Twin Delight.

It was a special day for the shipowner who celebrated the delivery of its newly built chartered bulk carrier.

The 40,000 dwt tonnage bulk carrier was built at the Imabari shipyard in Japan. The ship is owned by Soki Kisen and chartered in from Drydel Shipping for a minimum of three years.

In a recent interview to “The Japan Maritime Daily” DryDel-led Costas Delaportas said the company aims to boost its time-chartered vessels from Japanese owners from 19 to 30, emphasizing long-term contracts.

He also emphasised the fact that Drydel is focused on increasing its owned tonnage.