Year-to-date, Yangzijiang has clinched newbuilding orders worth $1.07bn for 26 ships, comprising of three 64,000 dwt dry bulk carriers, 14 units of 82,000 dwt bulk carriers, three 208,000 dwt bulkers, two 1,100 teu container vessels, and four 10,000 teu containerships.
The shipbuilder also has four outstanding options to construct 10,000 teu boxships.
“The group will focus on perfecting the construction of 10,000 teu containerships in the near term, and thereafter setting our sights on larger, more sophisticated vessels such as 14,000 teu containerships and LPG vessels,” said Ren Yuanlin, executive chairman of Yangzijiang.
“Similarly, the group hopes that the jack-up rig will establish our capabilities in the offshore segment, and pave the way for future projects,” Ren said.
Construction on Yangzijiang’s first jack-up rig order is progressing according to scheduled for delivery in mid-2015.
Offshore projects represent the group’s move into a more technically challenging sphere necessary for long term progress, the company said.
Meanwhile, the Chinese yard has remained profitable with a net gain of RMB799.19m ($127.91m) in the first quarter of 2014, up 11% year-on-year. Revenue also rose 24% to RMB3.55bn.
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