Yangzijiang won orders for 32 LNG-powered containerships this year

Chinese private shipyard Yangzijiang Shipbuilding has secured orders for 32 LNG dual-fuel and 17 methanol dual-fuel containerships so far this year.

As of November 7, the company secured new orders for 98 vessels valued at $11.64 billion.

This is 259 percent more than its target of $4.5 billion for the 2024 financial year, Yangzijiang said.

The shipbuilder noted that 84 percent of these new orders were classified as “eco-friendly vessels, aligning with the green transition trend.”

Besides 32 LNG dual-fuel and 17 methanol dual-fuel containerships, the orders include 16 gas carriers, 7 bulk carriers, and 21 oil tankers.

According to Yangzijiang, 22 of these LNG dual-fuel containerships will have a capacity of 17,000 teu, while 10 vessels will have a capacity of 9,000 teu.

In total, Yangzijiang has 61 LNG dual-fuel containerships in its order book.

The company did not reveal the names of the companies that ordered these LNG dual-fuel container vessels this year.

Germany’s Hapag-Lloyd recently confirmed it had placed an order at Yangzijiang Shipbuilding for 12 LNG dual-fuel vessels each with a capacity of 16,800 teu.

Brokers recently said that Denmark’s Maersk also ordered ten LNG dual-fuel vessels with a capacity of 17,000 teu at Yangzijang.

LNG Prime reported in July, citing shipbuilding sources, that Seaspan is expected to order LNG dual-fuel containerships at Yangzijiang for charter to Maersk.

Seaspan parent Atlas said in an SEC filing that in June, Seaspan ordered 23 LNG dual-fuel containerships ranging from 9,000 teu to 17,000 teu. Atlas did not name the shipbuilder.

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