Yangzijiang Shipbuilding Order Book Hits $22.3 Billion

MT Newswires

05/19

Yangzijiang Shipbuilding's (SGX:BS6) total contract value of its outstanding order book reached US$22.3 billion as of May 19, according to a Tuesday filing with the Singapore Exchange.

According to the group's Q1 business presentation filed with the Singapore Exchange on Tuesday, year-to-date contract wins climbed to $1.03 billion for 17 newly secured vessels.

The shipbuilder attributed this to fleet replacements and alternative energy vessel needs during the period, the filing said.

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