Croatian bulker owner and operator Atlantska Plovidba has returned to Jiangsu Hantong Ship Heavy Industry in China with an order for two ultramaxes.
The Zagreb-listed outfit, majority owned by Zadar-based peer Tankerska Plovidba, is paying around $65m for the 63,500 dwt duo designed to meet IMO Tier III and EEDI Phase 3 requirements.
Atlantska, which currently manages a fleet of 11 bulkers, will see its first ultramax newbuilds delivered in 2026.
The company also ordered four kamsarmaxes at Jiangsu Hantong for about $34.3m each in 2021. Two ships have already been delivered, of which one was flipped in a $37.6m resale deal, while the second one, AP Dubrovnik (pictured), remains in the Atlantska fleet under a 10-year arrangement with a Chinese lessor.
Mario Pavic-led diversified owner Tankerska Plovidba owns about 64% of the Dubrovnik-headquartered dry bulk player.
