Financial Ports

Yangzijiang’s $1.2bn tanker spree: 98 ships and counting

CLAVE 1 / 4Yangzijiang Maritime Development has ordered six firm 114,000 dwt LR2 tankers at Jiangsu Haifeng Shipbuilding, with options for two additional vessels.

CLAVE 2 / 4Deliveries for the six firm tankers are scheduled between 2029 and 2030, while optional vessels are set for 2030 and 2031.

CLAVE 3 / 4The company’s newbuilding portfolio now totals 98 ships, including 75 firm vessels under construction and 16 options.

CLAVE 4 / 4Yangzijiang Maritime’s strategy includes recycling capital through chartering, leasing, and pre-delivery sales, with 12 firm newbuildings already resold.

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