Yangzijiang announces contract wins worth $444.3 mil for 1Q17

SINGAPORE (April 3): Yangzijiang Shipbuilding Holdings says it has secured 13 new shipbuilding contracts totalling US$318 million ($444.3 million) to its order book for the first quarter of 2017.

The contracts comprise five units of 82,000DWT bulk carriers, five units of 62,000DWT woodchip carriers, two units of 1,800TEU containerships and a single unit of 6,500DWT ConRo Vessel.

In a Monday premarket statement, the group says all contracts are scheduled for deliveries from between 2018 and 2020, and ensure optimal usage of Yangzijiang’s yard facilities until 2018-2019.

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