Yangzijiang Maritime Orders 10 Newbuild Vessels

Yangzijiang Maritime Development has signed contracts for 10 newbuild vessels to be constructed at independent Chinese shipyards, with deliveries scheduled between 2027 and 2029. The order includes four product/crude tankers of about 114,000 DWT, four product oil/chemical tankers of about 49,800 DWT, and two bulk carriers of about 40,000 DWT.

Yangzijiang

With these additions, the group’s fleet will expand to 105 vessels, including 53 newbuildings currently under construction. The new vessels will be funded through equity co-investment and debt financing. Notably, the 49,800 DWT tankers will be methanol-fuel ready and meet Energy Efficiency Design Index Phase 3 standards. Executive Chairman and CEO Ren Yuanlin said the contracts align with the group’s strategy for efficiency, sustainability, and competitive pricing.

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