Yangzijiang clinches orders for nine new vessels in May
CHINA's Yangzijiang Shipbuilding won orders for nine vessels worth US$578 million in May
10 June 2018 - 19:00
The nine vessels comprise five 12,000 TEU containerships, two 208,000 dwt bulk carriers and two 82,000 dwt bulk carriers, reported Singapore's Splash 247.
Executive chairman Ren Yuanlin commented: 'With the steady recovery of oil prices and BDI [Baltic Exchange Dry Index] stabilizing, sentiment on the shipbuilding market and the enquiry level remain healthy. We made good progress in both new order wins and vessel delivery in May.'
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