Yangzijiang Maritime to sell six MR tanker newbuilds for $308m

Singapore-listed Yangzijiang Maritime Development has recently signed sales contracts for a total of six newbuild vessels.

The vessels comprise two 49,500-dwt medium-range tankers scheduled to be delivered between 2026 and 2027 and four 49,800-dwt newbuild medium-range tankers for delivery in 2027 and 2028.

Yangzijiang Maritime said it continues its vessel monetisation strategy with an aggregate gross sales value of US$308m.

So far, the group has signed sales contracts for a total of 18 newbuild vessels with an aggregate gross value of US$805m. The sales contracts cover a 10-month period.

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