Three Newbuilds Join Wisdom Marines Fleet

Wisdom Marine Group Taiwan-listed shipping company Wisdom Marine Group has added three newly built bulk carriers to its fleet, two of 34,000 dwt and one of 84,000 dwt. The 34,000 dwt bulkers, named Daiwan Justice and Daiwan Kalon, were built by the Japanese shipbuilder Namura Shipbuilding. Featuring a weight of 21,500 tons, the Handymax vessels joined Wisdom Marines fleet on March 7 and 14, respectively. Daiwan Justice and Daiwan Kalon were bought from their namesake companies, namely, Daiwan Justice S.A. and Daiwan Kalon S.A. Both vessels are sailing under the flag of Panama. The third addition to Wisom Marines fleet is the 84,000 dwt Panamax bulk carrier Sakizaya Glory, which joined the company on March 15. Built by Japans Imabari Shipbuilding, the bulk carrier, as its name suggests, was bought from Sakizaya Glory. The Panama-flagged bulker features a gross tonnage of 43,000 tons. The Taipei-based Wisdom Marine currently owns and operates a fleet of 110 dry bulk carriers, with 24 vessels on order. In 2015 the company posted a net income of USD 70.8 million, an increase of 19 percent compared with the a year earlier. Wisdom Marine’s revenue for 2015 stood at USD 346.9 million, up by 16 percent year on year.