Dajin Heavy seals deal for six MPP newbuilds
Chinese shipbuilder Jiangsu Dajin Heavy Industry has signed a contract for six multipurpose general cargo newbuilds, marking another addition to its growing backlog.
The order, secured in cooperation with state-owned trading group China Shipbuilding Trading Corp, covers 7,350 dwt units. The agreement also includes a ship export cooperation arrangement tied to the contract.
Dajin Heavy is a subsidiary of Bestway Marine & Energy Technology. Bestway said in a stock exchange filing that it plans to provide a counter-guarantee of up to $59.4m to support the letter of guarantee requirements linked to the contract.
Construction of the vessels is expected to begin at the end of June 2026, with deliveries scheduled from September 2027 through to December 2028.
The shipyard, in Jiangsu Province, has been active in the multipurpose and general cargo segment, with several other projects underway. It recently also signed a separate deal for six anchor handling tug supply (AHTS) vessels.