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New Times Shipbuilding to build 27 vessels in 2023

Private Chinese shipbuilder, New Times Shipbuilding, plans to start construction of 27 newbuilds this year.

Katherine Si, China Correspondent

February 7, 2023

1 Min Read

Photo: New Times Shipbuilding

In 2022, New Times Shipbuilding delivered 21 vessels, adding up to 3.19m dwt, including five dual-fuelled vessels. Newly received order volume of shipyard was 4m dwt last year including 39 vessels.

As of date, the shipyard has already delivered four new vessels in 2023, totaling in 655,000 dwt.

New Times Shipbuilding is running the trial production of its high-end vessel project this year, which can further improve its production efficiency when put into full operation.

The current orders on hand will keep the yard busy till 2026.

About the Author

Katherine Si

China Correspondent

China-based Katherine Si has worked in the maritime industry since 2008 is well-connected with local industry players including Chinese owners and yards.

Having majored in English Katherine started at news portal ShippingChina.com where she rose to become a News Editor. In 2008 she moved to work with Seatrade and has since held numerous positions including China correspondent for Seatrade Maritime Review magazine.

With extensive experience in writing, research and social media promotion, Katherine focuses on the shipping and transport sectors.

See more from Katherine Si

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