Under the proposal, approved by its Board of Directors, the company plans to sell 63,808 shares at $1,000 per share.<\/p>\n The company said it intends to use the cash injection to acquire new ships. Further details on the fleet expansion plans are yet to be released.<\/p>\n Wisdom Marine Lines ordered two 37,000 DWT bulk carriers in December 2019 from Japanese shipyards, resuming fleet renewal efforts that saw the company order construction of\u00a0two 82,300 dwt bulk carriers<\/a>\u00a0at Tsuenishi Zhoushan Shipbuilding earlier that year.<\/p>\n Since the beginning of 2020, the Taiwanese shipowner has taken delivery of five newbuildings, all marked as eco-ships, including two fitted with scrubbers.<\/p>\n The most recent delivery took place last week when MV Bunun Miracle. a 37,600 DWT eco-ship, built by Imabari Shipbuilding from Japan, joined Wisdom’s fleet.<\/p>\n The company has 134 ships in the current fleet and 14 newbuildings on order slated for delivery in 2020 and 2021, according to its website data.<\/p>\n<\/p>\n The post Wisdom Marine looking to raise $63 million for ship acquisitions<\/a> appeared first on Offshore Energy<\/a>.<\/p>\n world maritime news<\/p>\n","protected":false},"excerpt":{"rendered":" Taiwanese shipping company Wisdom Marine has embarked upon a cash-raising mission targeting to collect $63.8 million. Under the proposal, approved by its Board of Directors, the company plans to sell 63,808 shares at $1,000 per share. Illustration; Image by Kees Torn\/Flickr under CC BY-SA 2.0 license The company said it intends to use the cash …<\/p>\n","protected":false},"author":1,"featured_media":12148,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[2200,531,1291,1826,1070,8015],"class_list":["post-12147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news","tag-acquisitions","tag-marine","tag-million","tag-raise","tag-ship","tag-wisdom"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/12147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=12147"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/12147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/12148"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=12147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=12147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=12147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Sakizaya](\"https:\/\/cdn.offshorewind.biz\/file\/sites\/6\/2020\/06\/22114648\/Wisdom_Line.png\")