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Domestic Shipping
Yangzijiang Shipbuilding secures US$715m in newbuild orders
Date:2021-06-30 Readers:
CHINESE shipbuilder Yangzijiang Shipbuilding has signed new shipbuilding contracts for fourteen vessels worth US$715 million, adding to its best year since 2008.

The orders, scheduled for delivery between 2022 and 2024, are made up of mostly containerships, consisting of two 11,800 TEU, five 3,500 TEU and two 2,400 TEU. Other orders include one 9,150 dwt chemical tanker, one 29,800 dwt self-loading bulk carrier and three 40,000 cubic metre LPG carriers.

The LPG carriers are a breakthrough in the clean energy vessels arena for the Singapore-listed shipbuilder - ordered by Germany's Hartmann Reederei. The trio will be built by its joint venture arm, YangziMitsui Shipbuilding (YAMIC).

"Yangzijiang's clinching of its maiden batch of 40,000 cubic metre LPG carriers marks a breakthrough for the group and a recognition towards the group's strengths in the design and building of clean energy vessels," commented Ren Letian, executive chairman and CEO of the group.

Including the latest orders, Yangzijiang has secured new orders for 89 vessels worth $4.72 billion so far this year, adding to its largest order wins, based on total contract value, since 2008, reports Singapore's Splash 247 .


https://www.shippingazette.com/menu.asp?encode=eng

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