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Yangzijiang signs new orders worth US$1.58 bil; marks record orderbook of US$8.74 bil

Felicia Tan
Felicia Tan7/30/2021 7:53 PM GMT+08  • 2 min read
Yangzijiang signs new orders worth US$1.58 bil; marks record orderbook of US$8.74 bil
The group says it remains confident in securing more order wins amid continued favourable market sentiments.
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Yangzijiang Shipbuilding (Holdings) has recently signed agreements for the building and delivery of 10 units of dual-fuel 7,000TEU containerships and two units of 50,000DWT MR tankers for a total contract value of US$1.08 billion ($1.46 billion).

In addition, the group signed a letter of intent (LOI) for another five units of dual-fuel 7,000TEU containerships in July. The LOI is expected to turn effective in August.

Orders for 15 units of dual-fuel 7,000TEU containerships were placed by Yangzijiang’s repeat customer, Seaspan Corporation. They will be delivered progressively between 2023 to 2024.

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