Wed Sep 10 16:30:00 UTC 2025: Okay, here’s a news article summarizing the provided text:
**FOR IMMEDIATE RELEASE**
**GSD Holding Expands Fleet with New Ultramax Vessel Order**
ISTANBUL, [Insert Today’s Date] – GSD Holding A.Ş. announced today that its Board of Directors has approved the addition of a new dry cargo vessel to its fleet. The decision was made during a recent board meeting.
The acquisition will be handled through GSD Shipping B.V., a wholly-owned subsidiary of GSD Holding, specifically its GSD 2 Limited branch. The company has entered into an agreement with Japanese shipbuilder Nihon Shipyard for a 64,000 dwt Ultramax vessel.
According to a statement released on the Public Disclosure Platform (KAP), the vessel is slated for delivery in 2029. Once delivered, it will bring GSD Holding’s total fleet size to nine vessels.
The Board has authorized the company’s management to finalize contracts and complete all necessary procedures related to the vessel acquisition.
“This investment reflects our commitment to enhancing our transportation capacity and operational efficiency,” the company stated in its release. GSD Holding expects the new vessel to contribute significantly to its long-term growth strategy in the shipping sector.
First Piper 