The Board of Directors of Yangzijiang Shipbuilding Ltd
announced that following the new orders announced on 26th April 2013,
the Group has secured additional shipbuilding contracts for fifteen
vessels with an aggregate contract value of US$414 million.The new contracts secured comprise of six units of 82,000 DWT bulk
carriers, eight units of 64,000 DWT bulk carriers and one unit of 94,000 DWT transload vessel; whereby such vessels are scheduled for deliveries in the period from 2015 to 2016, and therefore will not have any
significant impact on the earnings of the Group for the financial year
ending 31 December 2013.In 1H2013, the Group had secured a total of twenty-seven effective
shipbuilding contracts with an aggregate value of US$1.01 billion. As at the announcement date, the Group has a total of 51 options worth
US$2.64 billion entered with its respective buyers, of which 22 options
are for containerships worth US$1.56 billion and 29 options are for
multi-purpose bulk carriers worth US$1.08 billion. With the Baltic Dry
Index recently achieving a 52-week high of 1179 points, the Group is
confident that more options will be exercised in 2H2013. Pertaining to
the cessations declared by the Group for its three 2500TEU shipbuilding
contracts previously, the Group has sold all of them to the new customer in 2Q 2013.
SHIPBUILDING
04 July 2013 - 18:16
Yangzijiang Shipbuilding Bags Fifteen Newbuilding Orders
The Board of Directors of Yangzijiang Shipbuilding Ltd announced the Group has secured additional shipbuilding contracts for fifteen vessels
SHIPBUILDING
04 July 2013 - 18:16
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