Greece’s DryDel Shipping has ordered an ultramax bulker that will be built to a fuel-efficient design in Japan.

The shipowner, which is headed by Costas Delaportas and was previously known as Meadway Shipping, said on Thursday that it has ordered a Tess 66-design vessel at Tsuneishi Shipbuilding.

Delivery of the 66,000-dwt vessel — slightly larger than a conventional ultramax — is slated for 2028.