China’s Yangzijiang Shipbuilding has signed contracts for 22 newbuildings, bringing the value of its year-to-date orders to $3.6bn.
The contracts include six ultramax bulk carriers, four handysize bulkers and 12 LNG dual-fuel 16,000-teu container ships. It did not disclose the total value of the 22 newbuildings but shipbuilding sources put it at $2.51bn, according to a regulatory filing.