Singapore-listed Yangzijiang Shipbuilding has ended the year on a high with orders for four newbuildings worth a combined $350m.
The Jiangsu-based shipbuilder said the contracts included a pair of 24,000-teu containerships and two dual-fuel LNG-tank carriers.
The deals bring the 2020 booking tally at China’s largest privately-owned shipbuilder to close to $1.8bn, excluding optional vessels attached to confirmed newbuildings.
Yangzijiang did not disclose the identity of the company behind the orders, however, shipbuilding sources familiar with the deal suggested it was Bank of Communications Financial Leasing (Bocomm Leasing).
