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Yangzijiang secures new orders worth $269.5 mil, brings year-to-date new order wins to $1.40 bil

Felicia Tan
Felicia Tan11/5/2020 04:49 PM GMT+08  • 2 min read
Yangzijiang secures new orders worth $269.5 mil, brings year-to-date new order wins to $1.40 bil
"Our year-to-date new order wins of over US$1 billion is more than that for the whole year 2019," says CEO Ren Letian.
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Mainboard-listed China-based shipbuilding group Yangzijiang Shipbuilgin (YZJ) has entered into an agreement with a Japanese shipowner for the building and delivery of ten 3,500TEU containerships on Nov 5.

Out of the orders, five are firm orders worth some US$198 million ($269.5 million) in total. The five vessels are accompanied by five option orders for identical vessels.

If all exercised, the batch of orders will be worth a total of US$396 million.

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