Ultrabulk fleet

Ultrabulk operates a diversified fleet including chartered tonnage, owned tonnage and joint venture/co-owned vessels of Handysize, Supramax, Panamax and Kamsarmax sizes.

Ultrabulk is a strong supporter of initiatives to reduce environmental footprints. We take a proactive role in working with the authorities as well as our tonnage and cargo partners to find the optimal and cost-efficient solutions including participating in studies for projects offering carbon-neutral transportation options.

With a maintained focus on reducing our carbon footprint, Ultrabulk will continue to work closely with the best shipbuilders in our industry and first-class reliable owners. Together, we will continue the improvement of designs of the next generation of vessels by retaining focus on a strict due diligence process with our close partners.

Ultrabulk has several newbuildings lined up to be delivered from 2024 to 2026. All newbuildings are fitted with modern technology and updated to latest environmental standards. These vessels are procured together with our long-term partners in Japan.

Ultrabulk is actively undergoing an environmental transition, having disposed of more than 10 vessels with an inferior environmental rating, while also at the same time securing new and environmental vessels for delivery within the next couple of years. We envisage to continue the fleet renewal in the years to come.

In addition to the fleet renewal, we are actively working on retrofitting and upgrading the existing fleet, including both owned and chartered vessels.

Ultrabulk is in close dialogue with partners to construct a series of dual fuel bulk carriers for delivery in 2026 and 2027. We expect to close these negotiations during 2023.