Gestion Maritime makes ultramax debut with China order

Monaco-based shipowner Gestion Maritime is moving into the ultramax segment with an order for three 64,000 dwt bulk carriers at China’s Nantong Xiangyu Shipbuilding & Offshore Engineering.

The Danilo Fumarola-led company has booked the trio for delivery between late 2028 and early 2029, expanding beyond its traditional panamax and kamsarmax fleet.