Yangzijiang Shipbuilding’s order-wins exceed target by 55%

Mainboard-listed Yangzijiang (YZJ) Shipbuilding has announced a strong year for orderbook wins in its 3QFY2026 business update.

At the ten-month mark, the company has secured US$6.98 ($8.92) billion in year-to-date order wins. This is 55% higher than its FY2026 target of US$4.5 billion. In total, YZJ Shipbuilding’s orderbook stood at US$26.3 billion as at Oct 31, with deliveries slated up to 2030.

Around two-third of its orderbook value comprises clean energy newbuild vessels. YZJ Shipbuilding executive chairman Ren Letian says that the company made “strong” progress in securing new orders. “This was underpinned by contracts for ultra-large LNG dual-fuel containerships and large bulk carriers,” he adds.

Ren expects newbuild demand to remain “firm”, supported by fleet renewal, the transition towards dual-fuel vessels and ongoing trade route disruptions that continue to absorb shipping capacity.

This story was originally published by Hellenic Shipping News. Read the full story at Hellenic Shipping News →