Yangzijiang Shipbuilding secures new orders worth $141.95m

These orders include two LNG-tank carriers and two 56,000DWT bulk carriers.

Yangzijiang Shipbuilding has secured new shipbuilding orders for four vessels recently worth approximately $141.95m (US$102m) in total, according to an announcement.

These orders include two LNG-tank carriers and two 56,000DWT bulk carriers, bringing the total of orders to $719.41m (US$517m) this year.

The orders for the two LNG-tank carriers were placed by Hong Kong’s Tiger Gas, with the options for eight more such vessels. The vessels will be jointly designed by the two companies and will be fitted with dual-fuel engines, capable of carrying heavy-lift cargo for both Yangtze River and ocean going. The first vessel is scheduled to be delivered in early 2022.

Meanwhile, the orders for the two 56,000DWT bulk carriers were placed by ship owner Shanghai Ganglu Shipping to be used in the transportation of domestic trade in China. These will be designed by Shanghai Merchant Ship Design & Research Institute and are scheduled to be delivered by March 2022.

Yangzijiang Shipbuilding’s executive chairman and CEO Ren Letian note that the development of this new generation of vessels will also help the company grow its R&D capabilities with a focus on ‘green’ features.

On the other hand, the company’s 12,600TEU container ship has started its trial voyage in the Yangtze River ahead of its scheduled delivery in July. This is said to be the largest trial voyage vessel in the Yangtze this year.