Yangzijiang Maritime Development orders 11 vessels, including bulk carriers and LR2 tankers, to be built at Chinese shipyards for delivery in 2029-2030.
Yangzijiang Maritime Development has placed an order for 11 vessels to be constructed at multiple shipyards in China. According to an announcement reported by Seatrade Maritime on November 3, each of the four bulk carriers will have a capacity of approximately 82,000 DWT, while each of the seven LR2 type product tankers will have a capacity of approximately 114,000 DWT.
The options reserved for two additional bulk carriers are not included in the 11 firm orders. Deliveries are scheduled for 2029 and 2030. The company anticipates financing the construction program through equity partnerships and debt financing.
With the new contracts, the company's construction program has reached a total of 111 vessels, including delivered ships and options. This includes seven delivered vessels, 86 vessels under firm orders currently under construction, and 18 options. The company also reported that it has signed contracts for the sale of 18 newbuild vessels with a total gross value of 808 million USD over the past ten months.
Source: SeaNews Türkiye
