Wisely-KY Board Approves Purchase of Two 82,000-Ton Bulk Carriers for Up to $84 Million

According to a disclosure filing on November 13, the board of directors of Wisely-KY (2637) approved the purchase of two high-specification 82,000-ton bulk carriers from Tsuneishi Shipbuilding Co., Ltd. and Tsuneishi Heavy Industries (Cebu), Inc. The transaction price is capped at $84 million, or a maximum of $42 million per vessel. Payments will be made in installments prior to delivery. The acquisition aims to support the company's expanded vessel operations.
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