Recently, foreign media reported that Sea Traders, a bulk carrier shipping company under the Greek ship king George Procopiou, is shifting the direction of bulk carrier orders from Kamsarmax to Ultramax, and has signed a contract with Sainty Shipbuilding (Yangzhou) Co., Ltd. (hereinafter referred to as "Sainty Shipbuilding") for the construction of six 63,500 dwt Ultramax bulk carriers, which are expected to be delivered from June 2026 to the first quarter of 2027.