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  • Yangzijiang inks new order contracts despite COVID-19 dampening market sentiment
  • Time:2020/5/28
  • Zhejiang Seaport Shipping Company Ltd placed orders for four 1,000TEU container feeders with Yangzijiang at RMB98 million each.


    SINGAPORE – 28 May 2020 – Yangzijiang Shipbuilding (Holdings) Ltd. (“Yangzijiang” or the “Group”), a globally-leading shipbuilding group based in China, and a Straits Times Index component company listed on the SGX Main Board, is pleased to announce that it has inked a new shipbuilding contract for four 1,000TEU container feeders worth a total of RMB392 million.

    奶茶视频Measuring 139.9 meters in length, 25 meters in width and 8 meters in draft, the design of these 1,000TEU container feeders will take into consideration of the water and shape conditions of several major ports in Zhejiang Province. Compared to ocean liners, the design of these feeders will give priority to loading capacity over speed. With maximum loading capacity of 15,000 tons, the 1,000TEU feeder significantly reduces fuel consumption per unit.

    “Despite the lack of visibility in the market due to the COVID-19 situation, Yangzijiang has continued to talk to prospective customers and make encouraging progress. We appreciate our customers for their trust in Yangzijiang’s ship design and shipbuilding capabilities. This batch of orders will expand our customer base of China SOE customers. The feeder market is a unique niche market where the demand in China is relatively more resilient. I am confident that we will deliver the vessels of top-notch design and quality to the customer, in return for their trust and support.”

    ---- Mr. Ren Letian (任樂天)

    奶茶视频Executive Chairman and Chief Executive Officer Yangzijiang Shipbuilding (Holdings) Ltd.

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