Yangzijiang Maritime Development Ltd. has announced plans to invest in up to 16 new vessels, aiming to enhance its maritime asset portfolio. The company has placed orders for six firm vessels with an option for an additional 10, which will be constructed in three Chinese shipyards. This move is set to significantly boost the company’s newbuilding portfolio to a potential total of 50 vessels.
The orders include bulk carriers, mid-range product tankers, and long-range 2 tankers, with deliveries scheduled from April 2027 to September 2029. The new vessels will feature integrated eco-features to align with International Maritime Organisation (IMO) requirements, improving both fuel efficiency and operational performance.
Ren Yuanlin, Executive Chairman and CEO of Yangzijiang Maritime, stated, “Building on our extensive experience in the maritime industry, we have identified several emerging trends that are driven by evolving market demand, fleet renewal, and efficiency requirements.”
Since its initial public offering in November 2025, Yangzijiang Maritime has been advancing its business plans, leveraging Singapore’s status as a global maritime hub. The company aims to grow sustainably by focusing on risk discipline, asset quality, and long-term value creation.
This strategic investment underscores Yangzijiang Maritime’s commitment to expanding its modern and eco-efficient fleet, positioning the company to meet future market demands and environmental standards.
