The newer and large Ultramax Designs have proven themselves since they were introduced. History of Maritime Shipping have shown that ship designers have not always hit jackpot with new designs. However,
as expected, the Ultramaxes and the new shallow Handymaxes have proven to be very successful designs.
The MV Star Nike is a Japanese Imabari 63,445 mts Dwat New Building (Built 2020) currently carrying AEC cargo to the Mediterranean.