Yangzijiang secures $990m of newbuild orders in H1

The order pool consists of four 1,800 teu containerships, four 8,000 teu LNG dual-fuel containerships, four 66,000 dwt bulk carriers, two 63,200 dwt bulk carries, and two 36,000 c m liquefied ethylene gas carriers. 

“As environmental regulations tighten due to the Paris Agreement, which has a target to reduce harmful emissions by 45% by 2030, Yangzijiang envisions a greater demand for clean energy vessels and will capture a larger market share in this segment,” the shipbuilder said.

As of early July, Yangzijiang has a total orderbook value of $8.15bn for 137 vessels, which is expected to keep its yard facilities at a healthy utilization rate with revenue visibility till mid-2025.