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Wednesday, April 30, 2025
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Wisdom Marine ships out bulker brace

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Taiwanese owner and operator Wisdom Marine has confirmed the sale of two Japanese-built bulkers for about $36m in total.

The Taipei-based company is offloading the 2011 Shin Kasado Dock-built ultramax Amis Wisdom III and the 2015 Shimanami-built handysize Bunun Hero.

The ultramax is going to China’s Arm Shipping for about $17.5m, while Turkey’s Manta Shipping has picked up the handy for $18.5m.

Wisdom said it is looking at a profit of up to $8.6m from the transactions.

Taiwan’s largest dry bulk shipowner has a fleet of over 140 vessels with a series of handysize newbuilding projects lined up across Japanese yards.

The company most recently ordered a pair of 39,000 dwt ships at Naikai Zosen for up to $70.75m. In addition to handies, Wisdom also booked two kamsarmaxes at Tsuneishi Shipbuilding last year for delivery in 2026.

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