Yangzijiang Maritime ramps up asset push with 16-ship newbuild spree

Source:Splash247.com
2026.01.16
15

Yangzijiang Maritime Development has placed a fresh round of newbuilding orders, committing to six firm vessels with options for a further ten as it continues to scale up its maritime investments platform.

The Singapore-listed company said the orders, placed together with co-investors, cover bulk carriers and tankers across three segments and have been spread across three Chinese shipyards. If all options are exercised, the latest deals would lift the group’s newbuilding pipeline to as many as 50 vessels.

The firm contracts include two handysize bulk carriers of about 40,000 dwt, two MR product tankers of roughly 49,800 dwt and two LR2 tankers of about 114,000 dwt. Deliveries for the bulkers are scheduled between April 2027 and May 2028, while the MR tankers are due from November 2027 through February 2029. The LR2s are set to deliver between March 2028 and September 2029.

Alongside the six firm ships, Yangzijiang Maritime has secured options for ten more vessels: two additional bulkers, six MR tankers and two LR2s. With these additions, the group’s newbuilding portfolio now comprises two vessels already delivered, 34 firm ships under construction and 14 optional newbuildings.

Yangzijiang Maritime listed on the SGX mainboard in November following its spin-off from Yangzijiang Financial Holdings. Founder Ren Yuanlin, the long-time architect of Yangzijiang Shipbuilding, said the investment strategy is focused on fleet renewal and efficiency-driven demand. He said the newbuildings will feature integrated eco-designs aligned with IMO requirements, while improving fuel efficiency and operating performance.

Ren added that targeted investments, backed by a strong balance sheet, will allow the group to expand with a focus on asset quality, risk discipline and long-term value creation.

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