Yangzijiang Shipbuilding Signs New Orders for 14 New Ships, Total Order Book of 184 Ships

On November 2, Yangzijiang Shipbuilding (Holdings) Co., Ltd. announced that, by the end of September this year, Yangzijiang Shipbuilding Group new orders for the year 2023 reached 86 ships, valued at 6.54 billion U.S. dollars, and exceeded the annual new orders target indicators (3 billion U.S. dollars); hand-held orders reached 184 ships, valued at 14.82 billion U.S. dollars, and the delivery date of the furthest row to 2028 years.

Also, the group recently won 3 types of 14 new shipbuilding orders with a total value of about 770 million U.S. dollars, the 3 types of ships are 6 50,000-ton MR tankers, 2 75,000-ton LR1 tankers, and 6 40,000-cubic-meter liquefied petroleum gas (LPG) carriers. Among them, two 75,000-ton tankers were ordered by DYNACOM, a Greek shipowner.

Announcement disclosure, by the end of September this year, Yangzijiang Shipbuilding container ship handheld orders amounted to 83 ships, valued at 9.84 billion U.S. dollars, including 10 24,000 TEU liquefied natural gas (LNG) dual-fuel-powered container ships, 12 16,000 TEU LNG dual-fuel-powered container ships, 4 8,000 TEU LNG dual-fuel-powered container ships, 15 7000TEU LNG dual-fuel powered containerships, 6 methanol dual-fuel powered containerships, 4 950TEU methanol dual-fuel powered containerships, etc;

Bulk carriers hand-held order book of 50 ships, valued at 1.98 billion U.S. dollars. Among them, there are 14 vessels of 82,500 dwt, 10 vessels of 66,000 dwt, 6 vessels of 40,000 dwt, 5 vessels of 80,000 dwt, 4 vessels of 45,000 dwt, 3 vessels of 83,300 dwt for Combination, etc;

LNG/LPG/Liquefied ethylene (LEG) carriers with a hand-held order book of 14 vessels valued at US$1.74 billion,including two 175,000 m3 LNG carriers, nine 40,000 m3 LPG carriers and three 36,000 m3 LEG carriers;

Tanker hand-held order book of 37 vessels valued at US$1.74 billion, including 24 50,000-ton MR-type tankers, 8 75,000-ton LR1-type tankers and 5 114,000-ton LR2-type tankers.

Being the largest private shipbuilding enterprise in China, Yangzijiang Shipbuilding Group (YJSG) has made a big success in the new shipbuilding market this year, and has taken a number of symbolic orders for new vessels. on June 26, YJSG signed a construction contract for six 9,000 TEU methanol dual-fuel-powered containerships with Maersk, the container shipping giant, this is the first methanol-powered containership order YJSG has ever undertaken, and the first order for methanol dual-fuel-powered containerships that Maersk has ever placed in China. This is the first methanol-powered container ship order taken by Yangzijiang Shipbuilding and also the first order of methanol dual-fuel vessels placed by Maersk in China. The new vessels will be delivered from 2026 and the last one is expected to be delivered in March 2027.

The first order for 24,000 TEU LNG dual-fuel-powered ultra-large container ships this year was also bagged by Yangzijiang Shipbuilding Group. The order, placed by France’s Duffy Marine Group, is the largest single new ship contract in the 16 years since Yangzijiang Shipbuilding Group was listed. The cost of a single ship is 240 million U.S. dollars, and it is expected to be delivered from 2026 onwards, sources said.

In addition, Yangzijiang Shipbuilding Group’s LNG MARK III Training Center was inaugurated in Yangzi Xinfu Shipyard on September 26th this year, which is an important milestone in the transformation and upgrading of Yangzi River Shipbuilding Group’s products, and also the basis for the upgrading of Yangzi River Shipbuilding Group’s products to high-technology and high-value-added products. The construction of green and clean energy high value-added vessels is the development strategy and direction of Yangzijiang Shipbuilding Group.

Today, the orders in hand of Yangzijiang Shipbuilding applying GTT MARK III thin-film tank technology include 10 24,000 TEU LNG dual-fuel containerships of Duffy of France, 4 8,000 TEU LNG dual-fuel containerships of Taiping Shipbuilding, and 2 175,000 m3 LNG carriers.

Yangzijiang Shipbuilding

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