Yangzijiang Shipbuilding adds to order book

yangziangSEPTEMBER 4, 2013 – Singapore listed Yangzijiang Shipbuilding (Holdings) Ltd. reports that four options (two 82,000 DWT and two 64,000 DWT bulk carriers) were converted into firm orders in July, became effective in July. Another further four, with an aggregate value of US$ 110.4 million, were converted into in August 2013; they comprise two 1,100 TEU containerships and two 82,000 DWT bulkers .

In first two months of 2H2013, the Group secured a total of eight effective shipbuilding contracts with an aggregate value of US$0.214 billion. Year to date, a total of thirty five (35) shipbuilding contracts amounting to US$1.22 billion had come into effective.

As of today's announcement day, the group has a total of 51 options worth US$2.87 billion entered with its respective buyers, of which 22 options are for containerships worth US$1.79 billion and 29 options are for multi-purpose bulk carriers worth US$1.08 billion.

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