Fast expanding Turkish owner Densay Shipping is back in China， signing for another newbuild.

Multiple brokers report that Densay has booked a 63，000 dwt Ultramax bulk carrier at Sumec New Dayang for around $32.5m. The ship will deliver in the first half of 2026.

It’s reported that in May the Tayfun Gunerhan-led outfit ordered four Ultramaxes at two other Chinese yards.

VesselsValue data shows Densay currently owns 38 ships， with another 12 on order.