Bulker owner Wisdom Marine Group, based in China's Taiwan region, will have expanded its fleet to 100 units by the end of the first quarter in 2015, according to a domestic news report, citing the listed company.

The company took the delivery of a 55,000dwt bulk carrier Amis Elegance on Jan. 27, which was built by Japan's Kawasaki Heavy Industries, Ltd.

The said bulker has secured its long-term charter from a European shipowner.

The bulker owner's fleet had reached 94 units as of the end of last year. It is predicted that the company will receive 15 newbuilds and sell three vessels this year, the report added.