iMarine

Zhoushan Tsuneishi Shipbuilding Secures Order for Two 84,000 DWT Bulk Carriers

China’s Taiwan-based Wisdom Marine Group (Wisdom Marine) has ordered two 84,000 dwt Kamsarmax bulk carriers from Zhoushan Tsuneishi Shipbuilding, with a total order value of $80 million (roughly RMB 575 million) and a single-vessel cost of $40 million (roughly RMB 287 million), which are expected to be delivered in 2026.

The shipowner has not yet disclosed more details of the related order.

In 2023, Wisdom Marine will take delivery of a total of seven newbuildings, including two Kamsarmax bulk carriers and five Handysize bulk carriers, all of which will be built by Japanese shipyards such as Imabari Shipbuilding, Namura Shipbuilding, Onomichi Shipbuilding, and Tsuneishi Shipbuilding, and which will all comply with the Tier III NOx emission standard.

By the end of 2022, 52% of the new environmentally friendly vessels in Wisdom Marine’s operating fleet (excluding managed vessels) will be powered by ME-type main engines, and all vessels under construction will be new environmental friendly vessels powered by ME-type main engines. It is expected that by 2025, the proportion of vessels with ME main engines will reach 56%.

Excluding the latest orders, Wisdom Marine has a fleet of 153 vessels, 15 of which are on order, mainly built by Japanese shipyards. Four dry bulk carriers will be delivered in 2024, nine in 2026 and another two in 2027, according to the company’s website.

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