DryDel Shipping Expands Fleet with 2015 Kamsarmax Bulker

Greek maritime giant adds ice-classed vessel, Beluga, in strategic fleet expansion move


DryDel Shipping, a prominent player in the Greek bulker market, has recently augmented its fleet capacity with the acquisition of a 2015-built kamsarmax bulker. The vessel, christened Beluga, boasting a deadweight tonnage of 81,841, was formerly known as the Nord Beluga. The acquisition culminated in the vessel’s delivery to DryDel Shipping in Singapore on Wednesday, marking a significant addition to the company’s maritime assets.

The transaction, long speculated upon, was confirmed to be valued at $27 million, although the identity of the buyer had been shrouded in mystery until the completion of the deal, described merely as an “unknown Greek buyer” by industry brokers. The vessel’s previous owner, Denmark’s Norden, has now passed its stewardship to DryDel Shipping.

Distinguished by its ice-class certification and integration of scrubber technology, the Beluga was constructed in 2015 by Oshima Shipbuilding. According to company statements, the acquisition of the Beluga signifies a substantial milestone in the expansion of DryDel Shipping’s fleet, underscoring the company’s commitment to modernization and efficiency in maritime operations.

Following the incorporation of the Beluga, DryDel Shipping’s fleet now encompasses a total of 11 bulkers, supplemented by an additional 19 vessels under charter and a pipeline of 10 newbuilds scheduled for delivery between 2024 and 2026. This strategic fleet expansion underscores DryDel Shipping’s position as a leading entity in the maritime transportation sector.

Formerly known as Meadway Shipping and Trading, the company underwent a rebranding initiative in February, emerging as DryDel Shipping, signaling its evolution and commitment to continued growth and excellence in maritime services.

| |

Last news