Wisdom Marine Lines has returned to the newbuilding arena with an order for a single handysize bulker in Japan.

The Taiwanese shipowner said the contract would be placed at either Onomichi Dockyard Co or Saiki Heavy Industries.

Wisdom said it will pay around $24m for the 37,000-dwt ship. It did not disclose when it expected to take delivery of the vessel.

The order comes just weeks after Wisdom opted to order a pair of kamsarmax bulker newbuildings at China’s Tsuneishi Zhoushan Shipbuilding.