Recently, Singapore-based Wealth Holdings finalized its third batch of multipurpose vessel newbuilding projects this year, signing with China’s Hubei Guangji Green Energy Shipyard for up to six 25,000 dwt vessels.

The contract comprises two firm orders, plus two option packages of two vessels each. This brings the total potential multipurpose vessel newbuilding orderbook across Wealth Holdings’ three projects to 18 vessels.

These latest vessels are designed by Shanghai Merchant Ship Design & Research Institute (SDARI), have a length of 159.9 meters, are equipped with three 150-tonne cranes, and are capable of carrying containers, dry bulk cargo and heavy-lift project cargo. The price and delivery dates have not yet been disclosed.

The order adds another vessel-size segment to its accelerating fleet expansion plan, as Wealth Holdings continues to ramp up its fleet expansion in 2026.

Wealth Holdings entered the multipurpose vessel newbuilding market in January this year, finalizing four firm 17,400 dwt vessels at Jiangsu Haitong Shipyard, with two sets of two-ship options. Danish shipowner Norden will provide time-charter coverage and handle the vessels’ commercial operation.

Then in April, Wealth Holdings signed for two firm 62,000 dwt multipurpose vessels and two options at Nantong Yahua Shipbuilding, in partnership with Hong Kong-based Pusheng Shipping. The vessels in this series are expected to be delivered from the first quarter of 2028 onwards.

Including the Guangji shipyard order, Wealth Holdings currently holds eight firm multipurpose vessel newbuilding orders and another ten options, spanning three vessel sizes: 17,400 dwt, 25,000 dwt and 62,000 dwt.

This contract is another export vessel order secured by the newly commissioned Guangji shipyard in Wuxue on the Yangtze River. In July this year, Songa Box, backed by Arne Blystad, ordered two 1,300 TEU feeder container ships plus four options at the yard; prior to that, Dubai-based Emarat Maritime had also ordered 3+3 930 TEU container ships there.