Yangzijiang Shipbuilding has moved into shipowning after forming a series of joint ventures with German owner Peter Dohle.

The Singapore-listed shipbuilder will take stakes in four post-panamax newbuildings ordered by the Hamburg-based company.

Each venture will own one of the four 92,500-dwt bulk carriers currently under construction at YZJ’s Jiangsu New Yangzi Shipbuilding yard in China.

All four vessels are scheduled to hit the water during the current quarter.

Yangzijiang