Yangzijiang Shipbuilding Holdings announced on Feb 8, that it has secured agreements for the building and delivery of 29 vessels worth a total of US$1.3 billion ($1.73 billion).

Of the 29 vessels, 22 of them are containerships valued at a total of US$1.13 billion. They are expected to be delivered progressively from 3Q2022.

The orders of ten 4,600 TEU containerships were placed by Shanghai Zhonggu Logistics, a first-time customer of the group. Shanghai Zhonggu Logistics is the biggest domestic shipping liner in China.

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