Maritime Bulk Carriers
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GSD Holding Contracts Japanese Handysize Bulker for 2030 Delivery

Turkish investment company GSD Holding has added a 40,300 dwt handysize bulker to its newbuilding orderbook through Itochu Corporation.

· Published 08 Sept 2026, 12:51 UTCAI-assisted, editor-reviewed
GSD Holding Contracts Japanese Handysize Bulker for 2030 Delivery
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Turkish conglomerate GSD Holding has expanded its dry bulk fleet expansion programme with an order for a new Japanese-built handysize bulk carrier.

The Istanbul-listed group confirmed that the transaction involves a 40,300 dwt vessel scheduled for delivery in 2030.

The shipbuilding deal was finalized through GSD Holding's Marshall Islands-domiciled subsidiary, Lena Maritime.

Lena Maritime entered into the contract with Laurel World Maritime, a shipping affiliate of major Japanese trading house Itochu Corporation.

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