M/MARITIME COMPLETES SECOND LAUNCHING CEREMONY AT SAIKI HEAVY INDUSTRIES IN JAPAN

On the 15th February 2019, M/MARITIME successfully completed the launching of Hull No. 766, the second 37,000 DWT dry bulk carrier built by the Company at Saiki Heavy Industries, Onomichi Dockyard in Japan. The vessel is scheduled to be delivered under the management of M/MARITIME in April 2019. M/MARITIME expects to take delivery of a total of three 37,000 DWT vessels from Saiki Heavy Industries in 2019 and 2020.