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Yangzijiang bags 13 contracts in Q4

But the new orders represent a marked decline from those secured in earlier quarters of 2014

Published Mon, Jan 5, 2015 · 09:50 PM
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Singapore

MAINBOARD-listed Yangzijiang Shipbuilding announced on Monday that it has clinched 13 new shipbuilding orders in the fourth quarter of 2014, bringing its total signed contracts last year to 41, worth some US$1.8 billion.

The 13 sealed contracts consist of nine effective orders worth US$388 million and four new options worth an aggregate of US$122 million.

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