Yangzijiang bags US$350 mil contracts to build containerships, deck carriers
Yangzijiang Shipbuilding (Holdings) has bagged contracts to build two 24,000TEU containerships and two 690FEU deck carriers.
The contracts, which are worth a total of about US$350 million ($464.7 million), have raised the China-based company’s year-to-date order wins to 53 vessels worth about US$1.77 billion.
Ren Letian, executive chairman and CEO of Yangzijiang, says he considers the total new order wins as “decent even for a normal year”, in addition to the “many challenges” faced during the year.
“We are pleased to wrap up 2020 with such achievements,” he says in a Dec 29 filing.
Yangzijiang ended down 1 cent or 1.1% at 93.5 cents with 14.9 million shares changed hands on Dec 29.
Source: The Edge Malaysia