Singapore-listed Yangzijiang Shipbuilding has landed an order for a series of feeder containerships from a Chinese shipowner.
Zhejiang Haigang Shipping has hired the shipbuilder to construct four 1,000-teu newbuildings at one of its three shipyards in Jiangsu, China. The vessels are to be delivered next year.
A shipping source with knowledge of the deal said the contract is worth a total of around $56m, as Zhejiang Haigang is paying close to CNY 100m ($14m) per ship.