Wisdom pulls plug on Japanese handysize deal

Splash 24723 Jul 2026Macro
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Taiwanese bulker owner Wisdom Marine has dropped plans to acquire two handysize newbuildings from Japan’s Naikai Zosen after the two sides failed to reach an agreement. The Taipei-listed company approved the proposed transaction in March 2025, setting a price ceiling of $35.375m per ship and $70.75m for the 39,000 dwt pair. Wisdom said the discussions …