Jiangmen Nanyang Ship Engineering has secured a major order for 11 bulk carriers of two different types, with a total value of $350 million, according to Clarkson data.
Specifically, this order includes six 64,500 DWT Ultramaxe bulk carriers and five 40,500 DWT Handysize bulk carriers, all of which are scheduled for delivery by the end of 2030. Information regarding the shipowners and construction costs has not yet been disclosed.
Based on recent orders secured by Jiangmen Nanyang Ship Engineering, the contract price for a Handysize vessel is approximately $30 million, while that for an Ultramaxe vessel is approximately $34 million.
Excluding these latest orders, Jiangmen Nanyang Ship Engineering has publicly announced at least 24 newbuilds so far this year, including 17 Handysize bulk carriers and 7 Ultramaxe bulk carriers.
It is worth noting that early last month, Jinhui Group announced that it had signed a contract with Jiangmen Nanyang Ship Engineering for the construction of two 64,500 DWT bulk carriers, with each vessel costing $34.15 million and the total value of the two vessels amounting to $68.3 million. Delivery is expected by December 31, 2030.
To date, Jiangmen Nanyang Ship Engineering has a handbook order of 146 vessels, all of which are Ultramaxe and Handysize bulk carriers. The shipyard has established a leading position in the Handysize bulk carrier segment.
Founded in early 2005, Jiangmen Nanyang Ship Engineering is located on the shores of Yinzhou Lake in Xinhui District, Jiangmen City, Guangdong Province. It operates two shipyard sites covering an area of 915 mu, with a total workshop area of 140,000 square meters. The shipyard is capable of building vessels up to 100,000 DWT, with an annual production capacity of 1.6 million deadweight tons. To date, it has delivered approximately 175 handysize bulk carriers.