DryDel said the expansion provides the following advantages:

    Top-performing, scrubber-fitted Capes
    Taking advantage of a historically low Cape orderbook
    Diversification into a larger-size drybulk sector

The project is a Joint Venture with Japanese partners Namura Shipbuilding. The two Capes will be fully managed, both commercially & technically, by DryDel.

This follows the successful delivery of four 40 000 dwt vessels from Namura in 2024. DryDel’s newbuilding program includes 10 dry bulk vessels to be delivered over the next four years.