Athens-based dry bulk shipping company M/Maritime Corp has revealed orders for three dry bulk vessels with Japanese shipbuilders.

The company said that it signed a shipbuilding contract for one 37,000 dwt bulk carrier on January 23. The vessel, which will be built by Saiki Heavy Industries, Onomichi dockyard, is scheduled to be delivered to its owners in the first quarter of 2020.

Additionally, on December 2017, clients of M/Maritime Corp signed shipbuilding contracts for two 60,200 dwt bulk carriers to be built at Mitsui Engineering & Shipbuilding.

Both vessels, under Hull No. 1961 and Hull No. 1962 are scheduled to be delivered to their owners between second half of 2019 and first half of 2020.

The full management of the three newbuilding vessels will be entrusted to M/Maritime Corp.

Furthermore, the company informed that a new 61,222 dwt Ultramax dry bulk carrier was handed over to its owner on January 25. Named OLYMPIA.GR, the vessel was constructed by Shin Kurushima Toyohashi Shipbuilding.