Singapore-based Wealth Holdings Shipping Pte Ltd has ordered up to eight 17,400-dwt multi-purpose vessels, expanding its newbuilding programme with tonnage positioned for project cargo and complex industrial transport.

The vessels are being built under a 4+2+2 structure at Jiangsu Haitong Offshore Engineering. In the deal setup, Wealth Holdings Shipping Pte Ltd acts as shipowner and capital provider, while DS NORDEN takes responsibility for commercial operations through long-term charter structures.

The newbuilds are based on an established multi-purpose layout, with forward accommodation and cargo arrangements suited to heavy and oversized units. The specification targets the operational requirements highlighted in the source: flexibility, deck space and fast port turnaround.

The ships are designed to support cargoes such as wind components, energy infrastructure and large industrial cargoes, backed by a global commercial setup focused on safe, timely and predictable execution.

The order also aligns with Wealth Holdings Shipping Pte Ltd’s stated fleet development direction. The source notes the company controls around 30 vessels and has total deadweight exceeding 1.8 million tonnes, alongside continued efforts in fleet construction and operational upgrades.

For DS NORDEN, the contract supports the build-out of its MPP platform with modern, versatile tonnage. In 2025, NORDEN signed purchase-option charter agreements covering 20 vessels, around half of which were in the multi-purpose segment, and earlier this year entered two additional purchase-option charter contracts for MPP newbuildings planned for delivery in 2028.