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Yangzijiang Shipbuilding’s orderbook reaches record $16.1bn

Chinese shipbuilder Yangzijiang Shipbuilding announced a record orderbook value of $16.1bn, conmprising 193 vessels to be delivered by 2028, totalling 7.45m gt.

Katherine Si, China Correspondent

May 29, 2024

1 Min Read
Yangzijiang Shipbuilding1
Yangzijiang Shipbuilding

Clean energy vessels account for 61% of the total orderbook value, including 66 container ships, 58 oil tankers, 47 bulk carriers and 22 LNG/LPG/LEG/VLECs.

The group is on track to achieve its delivery targets for its 2024 financial year, with 28 vessels delivered out of a target of 63. The group delivered 57 vessels in 2023 and 67 in 2022.

The company has also reached 74% of its target for new orders with 38 vessels with a combined value of $3.3bn. 

According to Yangzijiang Shipbuilding, around 54% new orders are green products, mainly including methanol dual-fuel vessels, LPG carriers and VLECs. 

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.

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