Major Greek shipowner Alpha Bulkers Shipmanagement is expanding into ultramaxes with a newbuilding order for two such ships in China.

These will be the first vessels of that size class to enter the Athens-based company’s fleet.

Anna Angelicoussis-controlled Alpha Bulkers had so far built up a sizeable presence in big bulkers, from newcastlemax and capesize ships to kamsarmaxes and panamaxes.