Wisdom Marine Buys Two Bulker Newbuildings

  • Business & Finance


Taiwanese dry bulk shipowner Wisdom Marine Lines is to expand its fleet with two 61,000 dwt bulk carrier newbuildings.

The company informed that it received the approval from its Board of Directors to purchase the two ships from Tokyo-based builder Kawasaki Heavy Industries, Ltd.

Wisdom Marine is paying a total of USD 52 million for the transaction, that is USD 26 million per unit.

The amount would be paid in installments until the deliveris, the company said, adding that the ships are being acquired as part of its portfolio management plans.

Once delivered, the new vessels will join Wisdom Marine’s fleet of 124 vessels.

World Maritime News Staff; Image Courtesy: Wisdom Marine Lines

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