Huangpu Wenchong Shipbuilding has signed contracts to build 13 container vessels of 5,000 TEU and above for three domestic and international shipowners, reports China Daily.

The order includes three ships of 5,300 TEU, four of 6,200 TEU, and six of 6,400 TEU. At current market rates, the total value is estimated at about CNY7.3 billion (US$1.07 billion), according to Eworldship.

Huangpu Wenchong stated that the deal reflects the global fleet renewal trend driven by low-carbon compliance demands. The company described the multi-type batch order as a landmark achievement that strengthens its competitive position in the international container shipbuilding sector.

With the new contracts, Huangpu Wenchong has secured 39 medium-sized container ships of 5,000 TEU and above, giving it a strong edge in the segment.

The 5,300-TEU vessel is a benchmark design developed independently by the yard. It measures 235 metres in length, with a breadth of 37.5 metres and a deadweight tonnage of 71,500 metric tons.

Huangpu Wenchong, a subsidiary of China State Shipbuilding Corp and listed on the Shanghai Stock Exchange, is located at the mouth of the Pearl River in Guangzhou, Guangdong province.