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Home / News / Company News

Yangzijiang bags US$350 mil contracts to build containerships, deck carriers

Company in the news

Yangzijiang bags US$350 mil contracts to build containerships, deck carriers

Jeffrey Tan Published on Wed, Dec 30, 2020 / 12:00 AM GMT+8

Yangzijiang Shipbuilding (Holdings) has bagged contracts to build two 24,000TEU containerships and two 690FEU deck carriers.

The contracts, which are worth a total of about US$350 million ($464.7 million), have raised the China-based company’s year-to-date order wins to 53 vessels worth about US$1.77 billion.

Ren Letian, executive chairman and CEO of Yangzijiang, says he considers the total new order wins as “decent even for a normal year”, in addition to the “many challenges” faced during the year.