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Alassia’s bulker spree: seven ships ordered as fleet swells to 17

Greek owner adds three 64,000 dwt ultramaxes and one 40,000 dwt handysize to its dry bulk orderbook.

Alassia
Alassia’s latest ultramax newbuilds will join its growing dry bulk fleet by 2029.

Alassia NewShips Management, the Athens-based dry bulk operator controlled by Nicolas Hadjioannou, has expanded its newbuilding programme to seven vessels after ordering three ultramaxes and an additional handysize bulker.

The latest additions include three ultramaxes, each with a capacity of 64,000 deadweight tonnes (dwt), scheduled for delivery in 2029. A 40,000 dwt handysize vessel has also been added to the orderbook, with delivery set for 2030. The shipyards constructing these four vessels have not yet been disclosed.

New orders extend delivery timeline: Alassia

These orders follow three bulkers already in the pipeline for 2027. The Princess Cymona, a 64,000 dwt ultramax, is due at NACKS in the first quarter. The same-sized Lady Cymona will be delivered by Imabari in the second quarter, while the 40,000 dwt Cymona Joy is scheduled for completion at Naikai Shipbuilding in the third quarter.

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Greek shipbuilding sources suggest the latest orders mark a shift from fleet renewal to expansion. Over the past four years, Alassia has sold eight older bulkers while growing its operational fleet to 17 vessels on a fully delivered basis. The company previously operated eight ships and had three under construction when it partnered with Itochu in 2024 on a 40,000 dwt handysize project at Yangzhou Nakanishi Shipbuilding.

Con estos pedidos, Alassia consolida su estrategia de expansión, sumando siete buques en construcción con entregas escalonadas hasta 2030. Las próximas fechas clave incluyen la recepción de la Princess Cymona en el primer trimestre de 2027 y la finalización del proyecto handysize en Yangzhou Nakanishi, sin plazos adicionales confirmados para los astilleros de los cuatro nuevos ultramax.

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