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Almi Marine back in newbuild arena with ultramax pair

Greek dry bulk player Almi Marine Management has returned to the newbuilding market after a four-year break, booking two next-generation ultramax bulk carriers in China.

Managing director Christos Hadjigeorgiou confirmed on social media the company has signed a contract with Nantong Cosco KHI Ship Engineering (NACKS) for two 64,000 dwt ships, with deliveries scheduled for the second quarter of 2029.

The vessels will be the first in what the owner describes as a new-generation design, built to meet EEDI Phase IV requirements once the rule comes into force. They will be fitted with the latest Everllence 10.7 electronic main engine and feature 2×25-tonne coil capability, CO₂ protection for cargo holds and a range of upgrades aimed at improving efficiency and charterer appeal.

Almi Marine has longstanding ties with both NACKS and its sister yard, Dalian Cosco KHI Ship Engineering (DACKS). The company took delivery of three ultramaxes from DACKS in 2024, following an order placed in April 2022.

Established in 1992, Almi Marine currently controls a fleet of seven bulkers and the order is part of a broader move to replace older tonnage. S&P data shows that the company has already agreed to offload its oldest vessel, the 2008-built supramax Anasa.

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