Taiwanese bulk carrier owner Wisdom Marine has approved a plan to order two 82,300 DWT Kamsarmax vessels at Tsuneishi Zhoushan shipyard.

The price for each ship is $33m, and other details of the deal were not disclosed.

Wisdom Marine is currently in the middle of a fleet optimization program, having ordered two Handymax bulkers at Japan’s Imabari Shipbuilding.

The company is also looking to dispose of more aging vessels this year.

Wisdom Marine currently owns a fleet of 129 vessels and has 12 new shipbuildings on its order.