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Wisdom Marine Tied to Bulker Duo at DACKS
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Source:newbuild bulker

Taiwanese shipping company Wisdom Marine Lines has placed an order for two bulkers with Dalian COSCO KHI Ship Engineering (DACKS), according to Intermodal.

The newbuilding duo, featuring 61,530 dwt, fetched a price of USD 30 million.

The new bulkers are scheduled for delivery in 2020.

The order emerges three months after the company ordered the construction of a 82,400 dwt Nox Tier III bulk carrier from Japan Marine United Corporation (JMU).

Wisdom Marine has been very busy with fleet renewal plans this year. In February, the company invested USD 68 million in two new NOx Tier III Kamsarmaxes, which will also be built by JMU. The order came on the back of a similar deal reached with Imabari Shipbuilding in January. Specifically, Imabari will build two 37,800dwt bulker newbuildings for a total of USD49 million.

Not counting the latest order, there are 12 ships under construction for the company at five Japanese yards, based on the company's website data. One ship from the batch is set for delivery this year, three more following in 2019, six in 2020 and the remaining two in 2021.

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