Greek shipowner George Procopiou’s dry bulk company Sea Traders is shifting from kamsarmax to ultramax newbuildings.

Its latest order brings its total spending on bulk carrier newbuildings since last summer to about $1.1bn, spanning 32 contracted ships.

The Athens-based company — run by chief executive Ioanna Procopiou — has commissioned Sainty Shipbuilding to construct six 63,500-dwt bulkers to be delivered between June 2026 and the first quarter of 2027.