Wisdom Marine acquires bulker from Mitsubishi UFJ Lease & Finance

Wisdom Marine acquires bulker from Mitsubishi UFJ Lease & Finance

Taiwanese bulker owner Wisdom Marine has announced the acquisition of a 58,000 dwt bulk carrier from Japan’s Mitsubishi UFJ Lease & Finance under a bareboat chartering and purchase arrangement.

Wisdom did not reveal the identity of the vessel involved in the deal, which is valued at JPY1.665bn ($14.9m), and only added that it will pay off the amount over seven years.

Wisdom Marine currently operates a fleet of 116 vessels and it also has 20 newbuildings under construction at several Japanese yards.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

Related Posts