Yangzijiang Shipbuilding Achieves US$2.17 Billion in Orders for 9MFY2025, Quadrupling Last Quarter's Results
Yangzijiang Shipbuilding has announced securing orders totaling US$2.17 billion ($2.82 billion) for the nine months ending September 30, 2025, representing a fourfold increase compared to the first half of FY2025.
The group's order book now stands at a substantial US$22.83 billion.
Notably, green vessels constitute more than 70% of the total order book value, with containerships prominently leading as the primary vessel type.
The company secured 38 containerships, 10 bulk carriers, and 2 gas carriers. Yangzijiang expressed confidence in acquiring new orders for 2029 delivery slots, primarily involving small to mid-sized vessels.
Having delivered 46 vessels year-to-date, the group is 82% closer to achieving its FY2025 delivery goal of 56 vessels.
In the third quarter of 2025, Yangzijiang divested one 1,800 TEU containership and auctioned off two 82,000 DWT bulk carriers. As of September 30, one auctioned vessel was added to the fleet in October, with the other expected to join within the next three months.
Currently, Yangzijiang's fleet consists of 32 vessels with an average age of 8.40 years.
The group plans to expand Project Hongyuan by 17% to encompass 866,671 square meters, slated for completion by the first half of FY2027. Additionally, the construction of its LNG Terminal Business, including an LNG Terminal and LNG Storage Tanks, is also scheduled for completion by 1HFY2027.
On November 17, shares of Yangzijiang Shipbuilding fell 3 cents, or 0.870%, to close at $3.42.
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