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Yangzijiang secures $990m of newbuild orders in H1

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Yangzijiang Shipbuilding has bagged $990m new orders for 16 vessels since the beginning of 2022.

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.

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