Yangzijiang Financial Orders Four Handysize Bulk Carriers

Yangzijiang Financial Holding is making a return to Jingjiang Nanyang Shipbuilding with a fresh order in the handysize dry bulk market.

According to shipbuilding industry sources, the Singapore-listed company has placed an order for four 40,000 dwt bulk carriers, scheduled for delivery in 2027 and 2028.

A spinoff from China’s largest private shipbuilder, Yangzijiang Shipbuilding, the company is reportedly paying around $30 million per vessel and holds options for more ships.

Since its separation from the parent firm in 2022, Yangzijiang Financial has broadened its maritime portfolio, investing in both chemical and product tankers. It has also teamed up with companies like Hong Kong-based Cetus Maritime to expand in the handysize sector.

In addition to this bulk carrier order, the company has several MR tankers on order at Jingjiang Nanyang, with construction expected to begin ahead of planned deliveries in 2027.