AsiaDry Cargo

Wisdom takes Namura handies

Photo of Sam Chambers Sam ChambersSeptember 28, 2015
1 Less than a minute

Ordering counter cyclically Taiwan’s Wisdom Marine is back in Japan for a pair of 34,000 dwt bulkers at Namura Shipbuilding. The ships are priced at $22m each and will deliver in the second half of next year, remarkably early delivery slots for a Japanese yard.

Wisdom is one of very few listed dry bulk players to remain in the black in recent years. Its quickly expanding fleet now stands at 107 ships plus 27 on order.

 

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Photo of Sam Chambers Sam ChambersSeptember 28, 2015
1 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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