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Yangzijiang secures up to 10 new contracts totalling $1.6 billion

Uma Devi
Uma Devi • 2 min read
Yangzijiang secures up to 10 new contracts totalling $1.6 billion
Reportedly one of the largest orders in the group’s history, this contract was inked with investment firm Tiger Group.
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SINGAPORE (Mar 16): Yangzijiang Shipbuilding has clinched a new shipbuilding contract for up to 10 vessels, amounting to a total of US$1.15 billion ($1.63 billion).

Reportedly one of the largest orders in the group’s history, this contract was inked with investment firm Tiger Group.

In a regulatory filing on Monday, the group reported that the orders are for ten dual-fuel 14,000TEU containerships, each with a price tag of US$115 million.

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