Dry CargoGreater China

Wisdom Marine orders ultramax pair at DACKS

Taiwanese bulker operator Wisdom Marine has placed an order at Dalian Cosco KHI Ship Engineering (DACKS) for the construction of two ultramax bulkers.

According to shipbroking sources, the two 61,530 dwt newbuildings are scheduled for delivery in 2020. The price for each vessel is around $30m.

Wisdom Marine has been expanding its fleet this year, having ordered three 82,400 dwt kamsarmax bulkers at Japan Marine United and two 37,800 dwt bulkers at Imabari Shipbuilding.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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