Croatian bulker owner and operator Atlantska Plovidba has returned to Jiangsu Hantong Ship Heavy Industry in China with an order for two ultramaxes.

The Zagreb-listed outfit， majority owned by Zadar-based peer Tankerska Plovidba， is paying around $65m for the 53，500 dwt duo designed to meet IMO Tier III and EEDI Phase 3 requirements.

Atlantska， which currently manages a fleet of 11 bulkers， will see its first ultramax newbuilds delivered in 2026.

The company also ordered four kamsarmaxes at Jiangsu Hantong for about $34.3m each in 2021. Two ships have already been delivered， of which one was flipped in a $37.6m resale deal， while the second one， AP Dubrovnik (pictured)， remains in the Atlantska fleet under a 10-year arrangement with a Chinese lessor.

Mario Pavic-led diversified owner Tankerska Plovidba owns about 64% of the Dubrovnik-headquartered dry bulk player.