Chinese shipbuilder Yangzijiang Holdings has confirmed its first newbuilding orders for VLGC tonnage.

The Singapore-listed shipbuilder said the order was for two vessels for delivery in 2018, but it did not disclose the identity of the counterparty.

TradeWinds reported on Friday that Shanghai Zhenrong Energy had ordered the two ships at around $76m each.

Yangzijiang has been trying to break into the business for some time.