The Taiwanese shipowner says it plans to order a single 62,000-dwt bulker fromOshima Shipbuilding for $30m.

The James Lan-controlled companyalso intends to contract a 37,600-dwt bulker newbuilding at ImabariShipbuilding for $26m.

Wisdom has said that it plans to grow its fleet to between 100 and 200 vessels thisyear, with most of the ships coming from Japan.

Data from Clarkson Research Services shows that Wisdom has at least 30bulkers on order at various shipyards in Japan.