
Maran Dry Management , the dry bulk shipping arm of the Angelicoussis Group, recently took delivery of two Newcastlemax bulk carriers, Ubuntu Unity on February 28th and Ubuntu Community on April 18th – both from Shanghai Waigaoqiao Ship Building. The two DNV-classed vessels are the first LNG-fueled bulk carriers to join the MDM fleet.

The 190,000-dwt vessels, registered with the Greek flag, are the first dual-fueled bulk carriers in the Greek market, and will sail using LNG. The use of LNG will lead to significant reductions in CO2 and NOx, while almost eliminating SOx and particulate matter emissions. With a combination of dual-fuel, hull optimizations and energy efficiency measures, the vessels have a very advantageous and low EEDI rating, much lower than the baseline.
“Maran Dry Management, as part of the Angelicoussis Group, is committed to decarbonization and embraces sustainability initiatives to optimize its fleet environmental performance”, said Captain Babis Kouvakas, Managing Director at Maran Dry Management Inc. (MDM). “We are delighted to have collaborated with DNV and SWS on the design and development of these modern and environmentally friendly ships. Both vessels incorporate the latest technology, aiming to reduce carbon emissions.”
“We are very pleased to have been involved with the charterer, owner, yard and designers from the outset of this project,” said Morten Løvstad, Vice President and Global Business Director for Bulk Carriers, DNV Maritime. “These highly efficient and innovative vessels, with dual-fuel engines, and an optimized hull design, show MDM’s commitment to meeting environmental regulations not just today but over the long term.”
The vessels are 299.80 meters long, 47.5 meters wide and 24.70 meters deep, with a design draft of 18.25 meters and a design draft speed of 14 knots. They can use both LNG and conventional fuel and are equipped with two type-C LNG fuel tanks. The capacity of the LNG tanks means that the vessels could operate for 20,000 nautical miles powered by gas, allowing the vessels to complete two round-trip routes from China to Australia or one round-trip route from China to Brazil.
“The delivery of these vessels is another milestone in the close cooperation being forged between the Angelicoussis Group and DNV,” said Ioannis Chiotopoulos, Senior Vice President, and Regional Manager South East Europe, Middle East and Africa, DNV Maritime. “These new vessels clearly show the Group`s commitment to driving sustainability in the bulk segment, and are great examples of how the maritime community is taking up the challenge of reducing our environmental footprint through innovation. We thank MDM for their trust and welcome Ubuntu Unity and Ubuntu Community to DNV class. May they enjoy smooth sailing for many years to come.”
The Ubuntu vessels are on charter to global mining company Anglo American.
Related News.
October 20, 2026
5th CSN Greece ICT Conference, Athens 19th November 2026 “Intelligent Skies, Secure Seas: The AI Impact on ICT” – Save the date
About the Conference The 5th CSN Greece Shipping ICT Conference, titled “Intelligent Skies, Secure Seas: The AI Impact on ICT”, will take place on…
October 20, 2026
Maritime piracy incidents remain at historic lows despite Somali piracy concerns
The ICC International Maritime Bureau (IMB) has reported the lowest level (51) of piracy and armed robbery incidents since 1992 in the first nine…
October 20, 2026
Piraeus Port Authority main sponsor of Ferry Shipping Summit 2026
With the participation of more than 200 delegates from several European countries, the Ferry Shipping Summit 2026 took place on 8–9 October 2026 in…
October 20, 2026
EuroDry announces order for the construction of a third modern 82,000 DWT Kamsarmax Bulk Carrier
EuroDry , an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced that it has signed a…
October 20, 2026
India urges Russia, Ukraine to protect Black Sea shipping
India has urged both Russia and Ukraine to ensure safe passage for commercial shipping through the Black Sea as attacks on merchant vessels put…
October 20, 2026
PD Ports strengthens its commitment to the River Tees with multi-million pound Marine investment
PD Ports has officially opened a new multi-million-pound Marine facility on the banks of the River Tees, reinforcing its long-term commitment to the…
October 20, 2026
Maritime leaders head to Shanghai for the Annual Summit 2026
Shared seas, shifting horizons Maritime trade stands at a turning point. The rules-based order on which shipping has long depended is under…
October 20, 2026
Indian Register of Shipping grants type approval to Medha Energy’s 92 kWh LTO Lithium-Ion battery system
Indian Register of Shippinghas successfully completed the Type Approval process for the 92 kWh Lithium-Ion Battery System developed by M/s Medha…
October 20, 2026
KLine opens a Singapore New Hub for Consolidated Ship Management and Maritime Talenτ
Three Companies, One Roof — Singapore's New Hub for Consolidated Ship Management and Maritime Talenτ A ceremony for around 280 guests sets the stage…
October 20, 2026
ASA explores measures to Safeguard Free and Safe Navigation at Critical International Maritime Chokepoints
The Asian Shipowners’ Association which accounts for 56% of the world’s fleet capacity and consists of China, Cook Islands, Hong Kong, Japan, Korea…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























