Wisdom Marine Inks $116m Worth Acquisition Deal

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Taiwanese dry bulker owner Wisdom Marine has inked a deal for the purchase of four dry bulk carriers worth $116 million, says an article published in Offshore Energy.

Acquisition details

On 23 July 2021, the company’s board of directors approved the purchase of two 39,560 dwt bulk carriers. The price tag for the vessels is $58 million.

Moreover, on the same day, the board of directors also authorized the purchase of 40,000 dwt bulk carrier duo.

Delivery details for the newbuilds were not disclosed.

The move comes after the bulk owner announced the order of three 82,400 dwt bulk carriers at China’s Tsuneishi Shipbuilding.

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Source: Offshore Energy